Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
68,562 TL
Social Security
- 9,599 TL
Income Tax
- 12,167 TL
Stamp Tax
- 520 TL
Total tax
- 22,286 TL
Net pay
* 46,276 TL
Marginal tax rate
38.3%
Average tax rate
32.5%
67.5%
Net pay
32.5%
Total tax
Total tax
Net pay
Summary
If you make 68,562 TL a year living in Turkey, you will be taxed 22,286 TL. That means that your net pay will be 46,276 TL per year, or 3,856 TL per month. Your average tax rate is 32.5% and your marginal tax rate is 38.3%. 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 38.25 TL, hence, your net pay will only increase by 61.75 TL.
Bonus Example
A 1,000 TL bonus will generate an extra 618 TL of net incomes. A 5,000 TL bonus will generate an extra 3,088 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.