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Practical guide

Thresholds, rates and amounts.

The most frequently used figures in Turkish legislation, with their sources. Last updated: October 22, 2026.

Employment

Severance Pay CeilingThe 2026 severance pay ceiling: TRY 73,729.87 for July–December.Notice PeriodsNotice periods of 2, 4, 6 and 8 weeks depending on length of service, under Article 17 of Labour Law No. 4857.

Penalties

Irregularity Penalties (2026)First- and second-degree irregularity penalties for 2026 under Article 352 of the Tax Procedure Law.Special Irregularity Penalties (2026)2026 amounts under Articles 353 and 355 of the Tax Procedure Law, chiefly for failure to comply with invoicing and documentation rules.

Thresholds and Amounts

Direct Expensing (Depreciation) LimitIn 2026, fixtures not exceeding TRY 12,000 can be expensed directly.

Rates

Depreciation RatesDetermining useful lives and depreciation rates; the straight-line and declining balance methods.Stamp Tax RatesThe main proportional stamp tax rates applied to contracts, leases and wage payments.Late Payment Surcharge, Default Interest and Voluntary Disclosure Surcharge3.7% per month from 13.11.2025.Income Tax Brackets (2026, employment income)The progressive 15%–40% schedule applied to employment income in 2026.

Exemptions

Exemption for Capital GainsTRY 150,000 of capital gains earned in 2026 is exempt from income tax.Exemption for Occasional GainsTRY 350,000 of occasional gains earned in 2026 is exempt from income tax.

Am I subject to audit?Check against 2026 thresholds RediscountNotes receivable and payable Interest (adat)Current-account interest and VAT Severance payCeiling and stamp duty Notice payNotice period, income tax and stamp duty

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