
2022 Ratios and Rates are announced,
please find specific amounts and ratios that can be used for FY2022 below table
TAX LAW NUMBER | EXPLANATION | TL AMOUNT/RATIO |
TPL533 Communique | Revaluation Rate of 2022 | 36,20% |
ITL9/10 | Income Tax Exemption of Rent | 9.500,00 |
ITL21 | Tax Exemption of Internet and related platform sales | 320.000,00 |
ITL23/8 | Meal exemption given to staff | 34,00 |
ITL23/10 | Tax Exemption limit about staff transportation | 17,00 |
ITL31 | Disability allowance of 1st decree | 2.000,00 |
ITL31 | Disability allowance of 2nd decree | 1.170,00 |
ITL31 | Disability allowance of 3rd decree | 500,00 |
ITL40/1 | Rental Fee of vehicles limit that can be recorded as an expense for the monthly period | 8.000,00 |
ITL40/1 | VAT and SCT of vehicles that can be recorded as an expense | 200.000,00 |
ITL40/7 | VAT and SCT of vehicles that can be deducted as a depreciation excluded VAT and SCT | 230.000,00 |
ITL40/7 | Under the situation that taxes are included as a cost or the acqusition of used vehicles, the amount of depreciation expenses that can be deducted from the tax base | 430.000,00 |
ITL 80rep | Tax exemption related to value gains income | 25.000,00 |
ITL82 | Tax Exemption for Incidental gains | 58.000,00 |
ITL103 | INCOME TAX RATES | |
up to TL 32.000 | 15% | |
For TL32.000 of TL70.000 is TL 4.800, more than | 20% | |
For TL70.000 of TL170.000 is TL12.400, more than | 27% | |
For TL170.000 of TL880.000 is TL39.400, more than | 35% | |
For TL880.000 is TL 287.900, more than TL880.000 | 40% | |
ITL103 | INCOME TAXES OVER PAYROLL | |
up to TL 32.000 | 15% | |
For TL32.000 of TL70.000 is TL 4.800, more than | 20% | |
For TL70.000 of TL250.000 is TL12.400, more than | 27% | |
For TL250.000 of TL880.000 is TL61.000, more than | 35% | |
For TL880.000 is TL 281.500, more than TL880.000 | 40% | |
TPL313 | Limit of fixed assets recorded as an expense | 2.000,00 |
TPL232 | Limit of issuing invoice | 2.000,00 |
TPL323 | Directly recorded limit as an expense for doubtfull receivables | 4.000,00 |
TPL14 | Upper limit of stamp taxes that can be collected per paper | 4.814.234,00 |
1947PD | Tax Late Fee | 1,60% |