Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
2,488 TL
Social Security
- 246 TL
Unemployment insurance
- 24.88 TL
Income Tax
- 769 TL
Stamp Tax
- 18.88 TL
Total tax
- 1,059 TL
Net pay
* 1,429 TL
Marginal tax rate
36.8%
Average tax rate
42.5%
57.5%
Net pay
42.5%
Total tax
Total tax
Net pay
The Taxberg
1,429 TL
Net pay
410 TL
Tax the employer pays
1,059 TL
Tax you pay
Total tax paid
1,468 TL
Did you know your employer also pays tax on your salary? It costs the employer 410 TL to pay you 2,488 TL. In other words, every time you spend 10 TL of your hard-earned money, 5.90 TL goes to the government.
Real tax rate
50.7%
So, with you and the employer both paying tax, what used to be a 42.5% tax rate now rises to 50.7%, meaning your real tax rate is actually 8.2% higher than what it seemed at first.
Summary
If you make 646,880 TL a year living in Turkey, you will be taxed 275,213 TL. That means that your net pay will be 371,667 TL per year, or 30,972 TL per month. Your average tax rate is 42.5% and your marginal tax rate is 36.8%. 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 36.76 TL, hence, your net pay will only increase by 63.24 TL.
Bonus Example
A 1,000 TL bonus will generate an extra 632 TL of net incomes. A 5,000 TL bonus will generate an extra 3,162 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.