Income tax calculator Turkey
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
39,120,000 TL
Social Security
- 63,926 TL
Unemployment insurance
- 391,200 TL
Income Tax
- 15,577,500 TL
Stamp Tax
- 296,921 TL
Total tax
- 16,329,547 TL
Net pay
*
22,790,453 TL
Marginal tax rate
41.8%
Average tax rate
41.7%
58.3%
Net pay
41.7%
Total tax
Total tax
Net pay
The Taxberg
22,790,453 TL
Net pay
876,006 TL
Tax the employer pays
16,329,547 TL
Tax you pay
Total tax paid
17,205,553 TL
Did you know your employer also pays tax on your salary? It costs the employer 876,006 TL to pay you 39,120,000 TL. In other words, every time you spend 10 TL of your hard-earned money, 4.40 TL goes to the government.
Real tax rate
43.0%
So, with you and the employer both paying tax, what used to be a 41.7% tax rate now rises to 43.0%, meaning your real tax rate is actually 1.3% higher than what it seemed at first.
Summary
If you make 39,120,000 TL a year living in Turkey, you will be taxed 16,329,547 TL. That means that your net pay will be 22,790,453 TL per year, or 1,899,204 TL per month. Your average tax rate is 41.7% 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 TL in your salary will be taxed 41.76 TL, hence, your net pay will only increase by 58.24 TL.
Bonus Example
A 1,000 TL bonus will generate an extra 582 TL of net incomes. A 5,000 TL bonus will generate an extra 2,912 TL of net incomes.
Latin America
Country
Net pay
Average tax
Rank
Guatemala
TRY 34651023
11.4%
1
Brazil
TRY 28381269
27.5%
2
Costa Rica
TRY 26648322
31.9%
3
Panama
TRY 26340939
32.7%
4
Mexico
TRY 25593574
34.6%
5
Puerto Rico
TRY 25486347
34.9%
6
Argentina
TRY 25427761
35.0%
7
Uruguay
TRY 24696925
36.9%
8
Colombia
TRY 24671824
36.9%
9
Chile
TRY 24309508
37.9%
10
Peru
TRY 24231566
38.1%
11
Ecuador
TRY 22784937
41.8%
12
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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.