Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
69,420 TL
Social Security
- 9,719 TL
Income Tax
- 12,369 TL
Stamp Tax
- 527 TL
Total tax
- 22,614 TL
Net pay
* 46,806 TL
Marginal tax rate
38.3%
Average tax rate
32.6%
67.4%
Net pay
32.6%
Total tax
Total tax
Net pay
Summary
If you make 69,420 TL a year living in Turkey, you will be taxed 22,614 TL. That means that your net pay will be 46,806 TL per year, or 3,900 TL per month. Your average tax rate is 32.6% and your marginal tax rate is 38.3%. 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 38.26 TL, hence, your net pay will only increase by 61.74 TL.
Bonus Example
A 1,000 TL bonus will generate an extra 617 TL of net incomes. A 5,000 TL bonus will generate an extra 3,087 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.