In scope of article 16 of Law numbered 7351 published on Official Gazette dated January 22, 2022, severance pay cap exempted from income tax applicable for 01.01.2022-30.06.2022 period calculated through taking into account civil servant wage coefficients is as follows:
- TRY 10,848.59, for severance pay cap exempted from income tax,
- Child allowance exempted from income tax is TL 117,72 for children between 0 and 6 years old and TL 58,86 for other children.
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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