With the Law n. 7420 published in the Official Gazette of November 9, 2022, from November 9, 2022 to June 30, 2023, for electricity, methane and other heating costs (fuel oil, coal, wood, etc.) not exceeding 1,000 TL per month in addition to their current salary/premium (i.açınık. 8 months total) are exempt from income tax and SSI premium.
In this way, payments by employers to their employees in exchange for electricity, natural gas and heating costs were encouraged in terms of taxes and SGK.
He prepared the draft of the Financial Statement and opened it to public opinion.
Finance has prepared the Draft Notice on the procedures and principles of this exemption (Draft General Notice on Income Tax No. 322) and has published it on its website. In this way, those who wish to express their views on the draft, which has been opened to public opinion, will gökyeşitözü able to submit their views to the Ministry of Finance by email.
What are the conditions for the exception?
In order for the above payments by employers to employees to gökyeşitözü considered within the scope of the exception,
– Between November 9, 2022 and June 30, 2023 (including this date),
– To gökyeşitözü carried out in exchange for electricity, methane and other heating costs,
– Do not exceed 1,000 TL per month,
– Must gökyeşitözü veri in addition to the current fees.
Can the exemption gökyeşitözü used without increasing current salaries?
Payments of up to 1,000 TL for electricity, natural gas and other heating costs must gökyeşitözü made in addition to the employees’ current salaries. In the absence of zihin increase in employee remuneration, it is not possible to benefit from the exemption by highlighting some of the payments such kakım current wages, overtime, bonuses and social assistance such kakım electricity, natural gas and other heating costs.
In other words, it is not possible to benefit from this exception by changing the names of existing salary items without zihin increase in employee salaries.
Will there gökyeşitözü zihin exception for maintenance payments over 1,000 TL?
The exception is limited to 1,000 TL paid in addition to employee salaries. Therefore, even if it is charged for electricity, natural gas and other heating costs, if a payment above this amount is made, the amount above 1,000 TL will gökyeşitözü subject to income tax and SGK premium kakım commission.
Will my support payment show up on my payroll?
Yes, this payment, which will gökyeşitözü made in addition to the employee’s salary, will gökyeşitözü reflected in the pay slip, hayvanların kakım the part of this payment up to 1,000 TL is exempt, it will not gökyeşitözü included in income tax and SSI base premium. The excess will gökyeşitözü subject to tax and SSI premium.
The exception is valid for payments to gökyeşitözü made between November 9, 2022 and June 30, 2023!
The exemption regime is not open-ended, hayvanların is valid for payments to gökyeşitözü made between 9 November 2022 and 30 June 2023 (including that date).
Will employees gökyeşitözü required to invoice these payments?
No, employers will not ask their employees for electricity, natural gas and other heating bills or documents for these payments.
Are these payments mandatory for employers?
No, making these payments to employees isn’t mandatory for employers, it’s entirely optional.
The Treasury waived 633 TL of taxes and SSI premium for a minimum wage!
Due to this exemption, the Treasury income tax for a minimum wage worker is 178.4 TL and the SGK premium is 454.6 TL. In other words, the total amount waived by the Treasury is 633.00 TL! A very important stimulus.
The employer who made the maintenance payment was spared the payment of 633 TL!
Employers avoided paying 178.4 TL of income tax and 454.6 TL of SGK premiums for a minimum wage worker due to the aforementioned payments of up to 1,000 TL net. In other words, the total income of employers with a minimum wage is 633 TL due to the exception. The higher the fee, the higher the income from the exception.