Resources
Calculators
Practical tools for common calculations under Turkish rules. Results are for information only; please contact us for an exact calculation.
- Minimum wage (gross)
- TRY 33,030.00
- Social security ceiling
- TRY 297,270.00
- Severance ceiling
- TRY 73,729.87
- Late surcharge (monthly)
- 3.7%
- Financing expense limitation
- 10%
Parameters: 2026 · Last updated: 28 September 2026
Net salary
—
- Social security (employee)
- —
- Unemployment insurance
- —
- Income tax (Minimum wage exemption applied)
- —
- Stamp tax
- —
Net salary by month
- January—
- February—
- March—
- April—
- May—
- June—
- July—
- August—
- September—
- October—
- November—
- December—
Because the income tax bracket rises with the cumulative tax base during the year, net pay varies by month.
Gross salary
—
- Social security (employee)
- —
- Unemployment insurance
- —
- Income tax (Minimum wage exemption applied)
- —
- Stamp tax
- —
- Net salary
- —
Gross salary needed by month
- January—
- February—
- March—
- April—
- May—
- June—
- July—
- August—
- September—
- October—
- November—
- December—
The gross needed for the same net pay varies from month to month with the income tax bracket and the minimum wage exemption.
Incl. VAT
—
- Excl. VAT
- —
- VAT
- —
Net severance pay
—
- Length of service
- —
- Ceiling applied
- —
- Gross severance pay
- —
- Stamp tax
- —
Total due
—
- Days overdue
- —
- Late payment surcharge
- —
Non-deductible financing expense
—
- Liabilities exceeding equity
- —
- Excess as a share of total liabilities
- —
- Financing expenses taken into account
- —
- Financing expenses attributable to the excess
- —
- Limitation rate
- 10%
The result is reported as a non-deductible expense on the tax return; financing expenses in the income statement are left unchanged. Costs not tied to the period of use of borrowed funds, such as letter of guarantee commissions or stamp tax on loan agreements, and financing costs capitalised into investments in progress are outside the limitation.
Calculations follow general rules and do not cover disability allowances, incentives or special contractual terms. Please contact us for an exact result.