Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
72,500 TL
Social Security
- 10,150 TL
Income Tax
- 13,093 TL
Stamp Tax
- 550 TL
Total tax
- 23,793 TL
Net pay
* 48,707 TL
Marginal tax rate
38.3%
Average tax rate
32.8%
67.2%
Net pay
32.8%
Total tax
Total tax
Net pay
The Taxberg
48,707 TL
Net pay
14,863 TL
Tax the employer pays
23,793 TL
Tax you pay
Total tax paid
38,655 TL
Did you know your employer also pays tax on your salary? It costs the employer 14,863 TL to pay you 72,500 TL. In other words, every time you spend 10 TL of your hard-earned money, 5.33 TL goes to the government.
Real tax rate
44.2%
So, with you and the employer both paying tax, what used to be a 32.8% tax rate now rises to 44.2%, meaning your real tax rate is actually 11.4% higher than what it seemed at first.
Summary
If you make 72,500 TL a year living in Turkey, you will be taxed 23,793 TL. That means that your net pay will be 48,707 TL per year, or 4,059 TL per month. Your average tax rate is 32.8% 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.