benefit – Muhasebe News https://www.muhasebenews.com Muhasebe News Mon, 18 Mar 2019 13:44:27 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.5 Is it possible to benefit from medical care if I take unemployment pay in Turkey? https://www.muhasebenews.com/en/is-it-possible-to-benefit-from-medical-care-if-i-take-unemployment-pay-in-turkey/ https://www.muhasebenews.com/en/is-it-possible-to-benefit-from-medical-care-if-i-take-unemployment-pay-in-turkey/#respond Mon, 18 Mar 2019 13:44:27 +0000 https://www.muhasebenews.com/?p=51714 For those who are entitled to the Unemployment Salary, it is possible to benefit from the below-mentioned services as long as they take the unemployment salary.

  • Unemployment Salary
  • General Health Insurance Premium
  • Finding A New Job
  • Career development courses, vocational courses and training courses

 

 

 

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

]]> https://www.muhasebenews.com/en/is-it-possible-to-benefit-from-medical-care-if-i-take-unemployment-pay-in-turkey/feed/ 0 What are the requirements to benefit from Unemployment Pay in Turkey? https://www.muhasebenews.com/en/what-are-the-requirements-to-benefit-from-unemployment-pay-in-turkey/ https://www.muhasebenews.com/en/what-are-the-requirements-to-benefit-from-unemployment-pay-in-turkey/#respond Wed, 06 Mar 2019 12:23:42 +0000 https://www.muhasebenews.com/?p=50173  In order to benefit from the Unemployment Pay in Turkey, the following requirements must be fulfilled:

  • Being unemployed without one’s will and default,
  • Being subject to an employment contract 120 days before the termination of that contact,
  • Having paid worker’s insurance premium for at least 600 days in the last 3 years before the termination of the employment contract,
  • Applying to the closest ISKUR branch in person or online in 30 days following the termination of the employment contract.

 

 

 

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

]]> https://www.muhasebenews.com/en/what-are-the-requirements-to-benefit-from-unemployment-pay-in-turkey/feed/ 0 For how many years can we benefit from the discount resulting from the cash capital increase? https://www.muhasebenews.com/en/for-how-many-years-can-we-benefit-from-the-discount-resulting-from-the-cash-capital-increase/ https://www.muhasebenews.com/en/for-how-many-years-can-we-benefit-from-the-discount-resulting-from-the-cash-capital-increase/#respond Fri, 01 Mar 2019 14:26:10 +0000 https://www.muhasebenews.com/?p=49430 For how many years can we benefit from the corporate tax discount resulting from the cash capital increase?

 

Companies can benefit from the discount resulting from their cash capital increase in addition to their existing capitals, on condition that they do not decrease their capital. There is no time limit to benefit from the discount.

 

 

 

 

 

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

]]> https://www.muhasebenews.com/en/for-how-many-years-can-we-benefit-from-the-discount-resulting-from-the-cash-capital-increase/feed/ 0 How can we benefit from lump sum discount for our clean expenses of construction works abroad? https://www.muhasebenews.com/en/how-can-we-benefit-from-lump-sum-discount-for-our-clean-expenses-of-construction-works-abroad/ https://www.muhasebenews.com/en/how-can-we-benefit-from-lump-sum-discount-for-our-clean-expenses-of-construction-works-abroad/#respond Fri, 11 Jan 2019 12:00:38 +0000 https://www.muhasebenews.com/?p=43906 Our company is doing construction and repair works through a domestic company. We have various clean expenses of our construction work abroad. Is it possible to make a discount on these expenses?
If so, at what rate and how can we write expenses?

 

Deductible Expenses – Income Tax Law Article 40

It is accepted that the expenses below are deducted so as to determine the net profit.

 

1.General expenses that are made to earn and maintain business income;

(taxpayers who perform export and construction, repair, installation, transportation jobs abroad may, in addition to the expenses referred in this paragraph and providing that they do not exceed one fifth of the income made in dollars from these jobs, deduct the expenses they calculated as lump sum in return to their expenses related to the jobs above.

 

 

Source: İSMMMO
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

]]> https://www.muhasebenews.com/en/how-can-we-benefit-from-lump-sum-discount-for-our-clean-expenses-of-construction-works-abroad/feed/ 0 What is the Importance of Company’s Valuation in Turkey? https://www.muhasebenews.com/en/what-is-the-importance-of-companys-valuation-in-turkey/ https://www.muhasebenews.com/en/what-is-the-importance-of-companys-valuation-in-turkey/#respond Mon, 29 May 2017 14:52:07 +0000 https://www.muhasebenews.com/?p=16758 Since mergers and acquisitions (m&a) have been popular and driven intense interest of the public for the last 10 years in Turkey, there have been a lot of news, analysis and comments on it both in general finance sector and financial media. On the other hand, the main subjects were valuation of a company that is acquired, sold, merged. This subject is of interest to public because it is a matter of monetary greatness and appreciation of company’s value. In this process, both businessmen and public concerning about this issue have been discussing the details of m&a. As a result of that, people have become familiar with some concepts like earnings before interest taxes depreciation and amortization (EBITDA) and discounted cash flow (DCF).

It is highly efficient to know the concepts and roughly get an idea about value of a company. Furthermore, it is very important that one must realize the benefits provided to bosses and directors. In case of an acquisition or a merging, it is required to know company’s value in detail. Eventually, negotiations will be carried out with potential buyers on the basis of company’s value; so it is quite essential to have an idea about it. Besides, some points are always important: if one knows how to determine company’s value and its methodology, he/she may increase the value of company by applying these concepts to all of the procedures and processes of the company. The duty of company management is providing maximum profit to shareholders. That profit should be maximization of a company’s normal profit rate rather than a normal profit rate earned every year. Under these circumstances, company’s valuation procedures should be turned into Key Performance Indicators (KPI). Aims of each employee in the company also should be turned into performance indicators. Thus, it will be a good management example to follow these indicators and try to make them stable.

One may find a lot of results about company valuation in Google; however, there are only 2 main procedures applied to non-public companies:

 

  • Discounted Cash Flow:it is the present value of free cash flow that company will create in the future.
  • EBITDA factor:it is a factor determined by multiplying EBITDA created by the company with its sector and a factor determined according to its position in sector.

 

Consequently, even though the concepts are different, these two procedures focuses on making profit (Actually company’s value does not depend on its assets, it depends on its performance/profit made by using its assets). Therefore, directors will both try to maximize company’s value and manage it “well” with Key Performance Indicators that they create according to these factors.

In line with this, Key Performance Indicators may include these followings: (These are listed as an example. It does not mean that they are complete/total/faultless in no sense. They vary because of company structure and culture and the situation they are in.)

  • Increase its profitability
  • Decrease capital requirements
  • Regulation of records and independent audit of financial tables
  • Systematization of transactions (Regulation of work-flow)
  • Prepare a growth plan and create a rota for growth plan
  • Paralleling key personnel with company’s rota
  • Conditioning relationships between external stakeholders with laws/customs

As it can be seen, some subjects are directly numeral and the others are for quality. I will share data about why I write these aforementioned subjects in this text.

Source: Alper UYAR,
24.04.2017,
İstanbul

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

]]> https://www.muhasebenews.com/en/what-is-the-importance-of-companys-valuation-in-turkey/feed/ 0 What is Fixed Salary? https://www.muhasebenews.com/en/what-is-fixed-salary/ https://www.muhasebenews.com/en/what-is-fixed-salary/#respond Wed, 17 May 2017 07:03:41 +0000 https://www.muhasebenews.com/?p=16075 1- WHAT IS FIXED SALARY?
When an employee gets his/her full salary even if he/she has compassionate leave (because of sickness or other reasons), his/her salary will be regarded as fixed monthly salary.

2- WHAT IS THE NETTING OF FIXED MONTHLY SALARY AND BENEFIT FOR TEMPORARY INCAPACITY RECEIVED BY EMPLOYEES WHO GET FULL SALARY EVEN IF THEY ARE SICK OR ON LEAVE?
Employee, who gets benefit for temporary incapacity because of medical report, may get fixed monthly salary by giving back those benefits to his/her work place.

Source: SSI

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

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