PAYROLL IN TURKEY

Payroll is the sum of all financial records of salaries, wages, bonuses and deductions are paid to employees

Payroll Services

• Registration of new employee and related information.
• Payroll calculation, including all details.
• Monthly submission of payroll sheets.
• To inform client of tax withholding and social security payments.
• Communicate to official authorities for any relevant changes to employee's status.
• Consultancy service regarding issues employment procedures.
• Preparation of legal reports for official authorities.
• Deregistration of employee.

Payroll Elements

Employee Deductions

• Social Security Insurance(Employee ) Deduction
• Social Security Insurance Unemployment(Employee) Deduction
• Income Tax
• Stamp Tax

 Employer Deductions

• Social Security Insurance(Employer) Deduction
• Social Security Insurance Unemployment (Employer) Deduction

Calculation of Net Salary

• Gross Salary (Total Employee Deduction + Income Tax + Stamp Tax)