Income Tax Calculator Turkey
Find out how much your salary is after tax
Salary rate
Withholding
Salary 112,874 TL
Income Tax - 23,976 TL
Stamp Tax - 857 TL
Social Security - 15,802 TL
Total tax - 40,635 TL
Net pay * 72,239 TL
Marginal tax rate 41.8%
Average tax rate 36.0%
36%Total tax
64%
Net payThe Taxberg
72,239 TL
Net pay
23,139 TL
Tax the employer pays
40,635 TL
Tax you pay
Total tax paid
₺63,774
Did you know your employer also pays tax on your salary? It costs the employer 23,139 TL to pay you 112,874 TL. In other words, every time you spend ₺10 of your hard-earned money, ₺5.65 goes to the government.
Real tax rate
46.9%
So, with you and the employer both paying tax, what used to be a 36% tax rate now rises to 46.9%, meaning your real tax rate is actually 10.9% higher than what it seemed at first.
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Summary
If you make 112,874 TL a year living in Turkey, you will be taxed 40,635 TL. That means that your net pay will be 72,239 TL per year, or 6,020 TL per month. Your average tax rate is 36.0% and your marginal tax rate is 41.8%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of ₺100 in your salary will be taxed ₺41.8, hence, your net pay will only increase by ₺58.2.
Bonus ExampleA ₺1,000 bonus will generate an extra ₺582 of net incomes. A ₺5,000 bonus will generate an extra ₺2,910 of net incomes.
NOTE* Withholding is calculated based on the Turkey tables of TR, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.