Severance pay cap calculated through taking into account civil servant wage coefficients for 01.07.2024-31.12.2024 period:
Severance pay cap exempted from income tax is TRY 41,828.42,
Monthly child allowance exempted from income tax is TRY 453,90 for children between 0-6 years old and TRY 226,95 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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