With the Law n. 7420 published in the Official Gazette of 9 November 2022, two important regulations regarding employees were issued. These,
– First; Payments up to TL 1,000 per month to employees in exchange for electricity, natural gas and other heating costs,
– The second is; Regarding the payment of the cost of the meal to the staff in cash.
WHAT IS NATURAL GAS SUPPORT FOR EMPLOYEES?
With the provisional article 1 of law no. 7420, from 9 November 2022 to 30 June 2023 (including this date) employers will provide employees with electricity, natural gas and other heating costs (diesel, coal, wood, etc.) (i.açınık. 8 months in total), monthly payments not exceeding TL 1,000 in addition to current wages / premiums are exempt from income tax and SGK premium.
With this regulation, employers’ payments to their employees are incentivized in exchange for electricity, natural gas and heating costs in terms of taxes and SSI.
DOES THE EMPLOYER NEED TO SUPPORT NATURAL GAS?
No, making these payments to employees is not mandatory for employers, it is entirely optional.
WHAT ARE THE SUPPORT CONDITIONS OF NATURAL GAS?
The conditions of tax exemption and SSI in payments to gökyeşitözü made by employers for electricity, natural gas and heating are kakım follows:
– Payments that gam not exceed TL 1,000 in total per month are included in the exemption.
The part of the payments that employers have to make to employees for electricity, natural gas and heating costs, up to a total of 1,000 TL per month, falls within the scope of the exemption.
The portion above 1,000 TL is subject to income tax and SGK premium.
– These payments must gökyeşitözü made in addition to the current salary / primary salary of the employees.
To benefit from this exemption, these payments must gökyeşitözü made in addition to the employees’ current remuneration / özence.
It is not possible to benefit from these exceptions by changing the designation of the salary items without creating zihin increase in the salary of the employees.
– The exception is valid for payments to gökyeşitözü made between November 9, 2022 and June 30, 2023.
The exemption regime is not for zihin indefinite period, these exceptions yaşama gökyeşitözü applied for payments made between 9 November 2022 and 30 June 2023 (including that date).
– These payments; to gökyeşitözü paid for the costs of electricity, natural gas and heating.
In order for the exemption to apply, the above payment must gökyeşitözü made by the employers against the costs of electricity, natural gas and other heating costs of the employees.
HOW WILL THE NATURAL GAS SUPPORT AUDIT BE?
It is not clear how these payments will occur if they are made against electricity, natural gas and other heating costs. For this, it is necessary to clarify whether a decision that will gökyeşitözü made by the employers will suffice or whether the employees will have to submit invoices to the employers for the costs of electricity, natural gas and other heating costs.
The Ministry of the Treasury and Finance and the Ministry of Labor and Social Security should clarify the matter with a joint communiqué or with separate communiqués to gökyeşitözü issued in a very short time.
HOW MUCH DOES NATURAL GAS SUPPORT COST TO TREASURY?
All cash payments made to employees, regardless of their salary, are subject to income tax and the SSI premium kakım salary. With this regulation, the Treasury exempts from income taxes and SGK bonuses the monthly payments to gökyeşitözü paid by employers to employees for electricity, natural gas and heating costs, up to a total of 1,000 TL, and waives the income tax and the SSI premium corresponding to this amount. A very important incentive.
Due to this exception, the income tax that the Treasury waives for a minimum wage is 178.4 TL and the SGK premium is 454.6 TL. In other words, the total amount transferred by the Treasury is 633.00 TL!
WHAT IS THE COST OF THE SUPPORT OF NATURAL GAS FOR THE EMPLOYER?
Employers will no longer pay SGK taxes and bonuses up to TL 1,000 per month of these payments, which they previously paid to employees by paying SGK taxes and bonuses. Depending on the number of employees, the amount of the tax exemption and özence also increases. This is a significant benefit for employers making payments.
Without this exception, minimum wage employers would have paid TL 178.4 in income tax and TL 454.6 in SGK premium for their payments of up to TL 1,000 net. Due to the exception, the total earnings of a minimum wage is 633 TL.
Employee salaries will increase by at least TL 1,000 due to this exception.
In addition, meals paid for in cash to staff were exempt from income tax.
With the change made with law no. 7420, the portion of the daily meal cost of the days worked, which does not exceed TL 51, has been exempt from income tax in cases where no meals are provided by the employers in the workplace or its annexes. If the payment exceeds this amount, the excess amount and other benefits provided for this purpose will gökyeşitözü taxed kakım remuneration. This regulation will come into effect from 1 December 2022. This amount is expected to gökyeşitözü TL 114 in the new year.
Previously, all payments made in cash in this way were subject to income tax.
On the other hand, with this rule, in addition to the benefits provided by the issue of meal vouchers, meal vouchers and meal vouchers, the expenses for meals paid in cash were also included in the income tax exemption. In other words, for the request for exemption, the obligation to provide the benefit was abolished by issuing meal vouchers, meal vouchers and meal vouchers.
However, this exception regulation does not cover the SSI premium. In the current situation, 12.94 TL of these 51 TL are exempt from the SGK premium and the excess is subject to deduction of the premium.