Income tax calculator Turkey
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
367,000 TL
Social Security
- 51,380 TL
Income Tax
- 101,950 TL
Stamp Tax
- 2,786 TL
Total tax
- 156,116 TL
Net pay
*
210,884 TL
Marginal tax rate
49.8%
Average tax rate
42.5%
57.5%
Net pay
42.5%
Total tax
Total tax
Net pay
The Taxberg
210,884 TL
Net pay
75,235 TL
Tax the employer pays
156,116 TL
Tax you pay
Total tax paid
231,351 TL
Did you know your employer also pays tax on your salary? It costs the employer 75,235 TL to pay you 367,000 TL. In other words, every time you spend 10 TL of your hard-earned money, 6.30 TL goes to the government.
Real tax rate
52.3%
So, with you and the employer both paying tax, what used to be a 42.5% tax rate now rises to 52.3%, meaning your real tax rate is actually 9.8% higher than what it seemed at first.
Summary
If you make 367,000 TL a year living in Turkey, you will be taxed 156,116 TL. That means that your net pay will be 210,884 TL per year, or 17,574 TL per month. Your average tax rate is 42.5% and your marginal tax rate is 49.8%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of 100 TL in your salary will be taxed 49.76 TL, hence, your net pay will only increase by 50.24 TL.
Bonus Example
A 1,000 TL bonus will generate an extra 502 TL of net incomes. A 5,000 TL bonus will generate an extra 2,512 TL of net incomes.
NOTE* Withholding is calculated based on the tables of Turkey, 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.