Income Tax Calculator Turkey
Find out how much your salary is after tax
Salary rate
Withholding
Salary 118,082 TL
Income Tax - 25,382 TL
Stamp Tax - 896 TL
Social Security - 16,531 TL
Total tax - 42,810 TL
Net pay * 75,272 TL
Marginal tax rate 41.8%
Average tax rate 36.3%
36.3%Total tax
63.7%
Net payThe Taxberg
75,272 TL
Net pay
24,207 TL
Tax the employer pays
42,810 TL
Tax you pay
Total tax paid
₺67,017
Did you know your employer also pays tax on your salary? It costs the employer 24,207 TL to pay you 118,082 TL. In other words, every time you spend ₺10 of your hard-earned money, ₺5.68 goes to the government.
Real tax rate
47.1%
So, with you and the employer both paying tax, what used to be a 36.3% tax rate now rises to 47.1%, meaning your real tax rate is actually 10.8% higher than what it seemed at first.
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Summary
If you make 118,082 TL a year living in Turkey, you will be taxed 42,810 TL. That means that your net pay will be 75,272 TL per year, or 6,273 TL per month. Your average tax rate is 36.3% 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.