Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
49,748 TL
Social Security
- 5,327 TL
Unemployment insurance
- 497 TL
Income Tax
- 15,203 TL
Stamp Tax
- 378 TL
Total tax
- 21,406 TL
Net pay
* 28,342 TL
Marginal tax rate
36.8%
Average tax rate
43.0%
57.0%
Net pay
43.0%
Total tax
Total tax
Net pay
The Taxberg
28,342 TL
Net pay
8,795 TL
Tax the employer pays
21,406 TL
Tax you pay
Total tax paid
30,201 TL
Did you know your employer also pays tax on your salary? It costs the employer 8,795 TL to pay you 49,748 TL. In other words, every time you spend 10 TL of your hard-earned money, 6.07 TL goes to the government.
Real tax rate
51.6%
So, with you and the employer both paying tax, what used to be a 43% tax rate now rises to 51.6%, meaning your real tax rate is actually 8.6% higher than what it seemed at first.
Summary
If you make 596,976 TL a year living in Turkey, you will be taxed 256,869 TL. That means that your net pay will be 340,107 TL per year, or 28,342 TL per month. Your average tax rate is 43.0% 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.