Tax allowance

[Reyntj]

Income tax deduction allowance has increased from 320000 to 480000 tl


Another tax hole to fill...

40000 tl tax free per month earnings.

Its about £900..not that far off uk personal allowance...
I suppose last year as the minimum wage increased they will have collected more taxes but looks an unlikely scenario this year so where will all the tax revenue come from?

[frugal90]

Can you explain more, I didn't think there was any PAYE type system here?

I genuinely don't understand how the public service wages are paid??

[Reyntj]

Similar tax system to everywhere else in the world.
https://erdalco.com/vergi-mevzuati/

You can check everything here. Allowances ...tiered tax rates employee& employer deductions similar to ni...

[frugal90]

Thanks for taking the time to share that link

[benjaminbutton]

How is Personal Tax (if any) paid by retailers who keep their cash in a drawer under the counter or in back pocket, don't give receipts and if they do don't pay VAT . I am aware that their costs to customers would increase if paying tax was made mandatory!