Income tax calculator Turkey
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
231 TL
Social Security
- 27.70 TL
Income Tax
- 40.05 TL
Stamp Tax
- 1.75 TL
Total tax
- 69.50 TL
Net pay
*
162 TL
Marginal tax rate
163.1%
Average tax rate
30.1%
69.9%
Net pay
30.1%
Total tax
Total tax
Net pay
The Taxberg
162 TL
Net pay
40.56 TL
Tax the employer pays
69.50 TL
Tax you pay
Total tax paid
110 TL
Did you know your employer also pays tax on your salary? It costs the employer 40.56 TL to pay you 231 TL. In other words, every time you spend 10 TL of your hard-earned money, 4.76 TL goes to the government.
Real tax rate
40.5%
So, with you and the employer both paying tax, what used to be a 30.1% tax rate now rises to 40.5%, meaning your real tax rate is actually 10.4% higher than what it seemed at first.
Summary
If you make 60,060 TL a year living in Turkey, you will be taxed 18,070 TL. That means that your net pay will be 41,990 TL per year, or 3,499 TL per month. Your average tax rate is 30.1% and your marginal tax rate is 163.1%. 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 163 TL, hence, your net pay will only increase by -63.09 TL.
Bonus Example
A 1,000 TL bonus will generate an extra -630.90 TL of net incomes. A 5,000 TL bonus will generate an extra -3,154.50 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.