Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
55,900 TL
Social Security
- 1,281 TL
Income Tax
- 9,580 TL
Stamp Tax
- 424 TL
Total tax
- 11,285 TL
Net pay
* 44,615 TL
Marginal tax rate
163.1%
Average tax rate
20.2%
79.8%
Net pay
20.2%
Total tax
Total tax
Net pay
The Taxberg
44,615 TL
Net pay
1,876 TL
Tax the employer pays
11,285 TL
Tax you pay
Total tax paid
13,161 TL
Did you know your employer also pays tax on your salary? It costs the employer 1,876 TL to pay you 55,900 TL. In other words, every time you spend 10 TL of your hard-earned money, 2.35 TL goes to the government.
Real tax rate
22.8%
So, with you and the employer both paying tax, what used to be a 20.2% tax rate now rises to 22.8%, meaning your real tax rate is actually 2.6% higher than what it seemed at first.
Summary
If you make 55,900 TL a year living in Turkey, you will be taxed 11,285 TL. That means that your net pay will be 44,615 TL per year, or 3,718 TL per month. Your average tax rate is 20.2% 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.
Compare average tax
Latin America
Country 
Net pay
Average tax
Rank
Mexico
TRY 54572
2.4%
1
Brazil
TRY 51708
7.5%
2
Puerto Rico
TRY 51456
8.0%
3
Colombia
TRY 51428
8.0%
4
Ecuador
TRY 50618
9.5%
5
Guatemala
TRY 50540
9.6%
6
Costa Rica
TRY 50031
10.5%
7
Panama
TRY 49751
11.0%
8
Peru
TRY 48913
12.5%
9
Argentina
TRY 46397
17.0%
10
Chile
TRY 46062
17.6%
11
Uruguay
TRY 45782
18.1%
12
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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.