Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
1,933 TL
Income Tax
- 320 TL
Stamp Tax
- 14.67 TL
Total tax
- 335 TL
Net pay
* 1,598 TL
Marginal tax rate
20.8%
Average tax rate
17.3%
82.7%
Net pay
17.3%
Total tax
Total tax
Net pay
The Taxberg
1,598 TL
Net pay
335 TL
Tax you pay
Total tax paid
335 TL
Did you know your employer also pays tax on your salary? It costs the employer 0 TL to pay you 1,933 TL. In other words, every time you spend 10 TL of your hard-earned money, 1.73 TL goes to the government.
Real tax rate
17.3%
So, with you and the employer both paying tax, what used to be a 17.3% tax rate now rises to 17.3%, meaning your real tax rate is actually 0% higher than what it seemed at first.
Summary
If you make 46,392 TL a year living in Turkey, you will be taxed 8,031 TL. That means that your net pay will be 38,361 TL per year, or 3,197 TL per month. Your average tax rate is 17.3% and your marginal tax rate is 20.8%. 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 20.75 TL, hence, your net pay will only increase by 79.25 TL.
Bonus Example
A 1,000 TL bonus will generate an extra 793 TL of net incomes. A 5,000 TL bonus will generate an extra 3,963 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.