Income tax calculator Turkey
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
264,243 TL
Social Security
- 36,994 TL
Income Tax
- 66,141 TL
Stamp Tax
- 2,006 TL
Total tax
- 105,141 TL
Net pay
*
159,102 TL
Marginal tax rate
48.2%
Average tax rate
39.8%
60.2%
Net pay
39.8%
Total tax
Total tax
Net pay
The Taxberg
159,102 TL
Net pay
54,170 TL
Tax the employer pays
105,141 TL
Tax you pay
Total tax paid
159,311 TL
Did you know your employer also pays tax on your salary? It costs the employer 54,170 TL to pay you 264,243 TL. In other words, every time you spend 10 TL of your hard-earned money, 6.03 TL goes to the government.
Real tax rate
50.0%
So, with you and the employer both paying tax, what used to be a 39.8% tax rate now rises to 50.0%, meaning your real tax rate is actually 10.2% higher than what it seemed at first.
Summary
If you make 264,243 TL a year living in Turkey, you will be taxed 105,141 TL. That means that your net pay will be 159,102 TL per year, or 13,259 TL per month. Your average tax rate is 39.8% and your marginal tax rate is 48.2%. 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 48.16 TL, hence, your net pay will only increase by 51.84 TL.
Bonus Example
A 1,000 TL bonus will generate an extra 518 TL of net incomes. A 5,000 TL bonus will generate an extra 2,592 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.