Number: 80
Date: 06/07/2020

Title:

Severance pay upper limit exempt from income tax and child benefit amounts (01.07.2020-31.12.2020).

Calculated on the basis of civil servant salary coefficients valid through 01.07.2020-31.12.2020 and to be effective for the same period;

  • The severance pay upper limit exempt from income tax is TL 7.117,17.
  • The monthly child benefit exempt from income tax is TL 77,23 for those aged between 0-6 years old and TL 38,62 for others.

Our explanations provided above include general information on the issue. No responsibility can be claimed against EY and/or Kuzey YMM ve Bağımsız Denetim A.Ş. due to the implications arising from the context of this document or emerging with respect to its context.
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