Pay – Muhasebe News

Do we have to pay the allowances to the staff from the bank?

MuhasebeNews — Tue, 02 Jul 2019 15:09:13 +0000

Do we have to pay the allowances to the staff from the bank?

Our company wants to pay an allowance for food and accommodation expenses of our staff who are sent abroad by duty. Since it is difficult to use a bank account abroad, we want to pay our staff in cash if possible. We kindly request your opinion on the matter.

Allowances are recognized as salaries. They must be paid through the bank. The employees open a currency account in Turkey and the allowances are deposited to those accounts. Employees withdraw the money from the bank and spend it via credit card.

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.

Is it mandatory to pay the salaries via bank in a ship that employs 9 seamen?

MuhasebeNews — Wed, 26 Jun 2019 15:20:08 +0000

Is it mandatory to pay the salaries via bank in a ship that employs 9 seamen?

It is not mandatory to pay the salaries via bank if the ship has 9 seamen.

In accordance with Article 8 of the Regulation regarding Payment of Salaries, Premiums, Bonuses and All Kinds of Similar Remunerations via Banks, it is mandatory for employers or employer representatives who employ 10 seamen to pay the salaries through banks.

Source: Ministry of Labor and Social Security
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.

Is it possible for a seaman becomes entitled to severance pay if he gets arrested?

MuhasebeNews — Tue, 25 Jun 2019 15:08:22 +0000

Is it possible for a seaman becomes entitled to severance pay if he gets arrested?

If a seaman gets arrested, he can not become entitled to severance pay.

In accordance with Subparagraph I of Article 14 of Maritime Law numbered 854 if the contract is canceled by the employer due to reasons other than those stated in this Article, the seaman becomes entitled to severance pay. Getting arrested is among the reasons stated in Subparagraph I of Article 14 of this Law.

Is it possible for a seaman to be subject to severance pay if he terminates the service contract unilaterally due to not being paid?

MuhasebeNews — Mon, 24 Jun 2019 15:22:40 +0000

Is it possible for a seaman to be subject to severance pay if he terminates the service contract unilaterally due to not being paid?

In accordance with Article 20 and Subparagraph II of Article 14 of Maritime Law numbered 854, if a seaman terminates the service contract unilaterally due to not being paid, he will be subject to severance pay.

Is it possible for seamen who has to work for 11 months and 15 days to become entitled to severance pay?

MuhasebeNews — Fri, 14 Jun 2019 14:54:41 +0000

In accordance with Maritime Law, is it possible for seamen who has to work for 11 months and 15 days to become entitled to severance pay?

In accordance with Maritime Law, it is not possible for seamen who have to work for 11 months and 15 days to become entitled to severance pay. In accordance with Article 20 of Maritime Law numbered 854, in order to be entitled to severance pay the service period must be at least 1 year.

Can we expense the benefits provided to the family of an employee who passed away due to work accident?

MuhasebeNews — Tue, 11 Jun 2019 14:08:54 +0000

Can we expense the benefits provided to the family of an employee who passed away due to work accident?

One of our employees passed away due to an accident that happened when he was coming to work in our company car. As his dependants, his spouse and 2 children will be made the necessary payments out of our employer’s liability insurance and traffic insurance. We also paid the severance pay and death indemnity of the employee to his dependants.

What I would like to ask is that we want to pay his 2 children until 18 and we want to pay them a certain amount monthly if they continue their education until 25.

It is stated in our employment legislation that the children and dependents of an employee who passed away due to work accident may be provided benefits this way. Is it possible to recognize it as an expense within proportion to the employee’s fault in accordance with Paragraph 3 of Article 40 of Income Tax Law? Or is it a non-tax-deductible expense (KKEG)? Should there be a tax cut during the payment to the dependant’s account?

The payments are booked as KKEG.

If an employer does not pay the seaman and the seaman cancels the contract, does he become entitled to severance pay?

MuhasebeNews — Wed, 29 May 2019 14:04:22 +0000

If an employer does not pay the seaman and the seaman cancels the contract, does he become entitled to severance pay?

It is stated in Article 20 and Paragrapgh II of Article 14 of Maritime Law numbered 854 that if an employer does not pay the seaman and the seaman cancels the contract, he becomes entitled to severance pay.

How to pay the rental income tax?

MuhasebeNews — Thu, 28 Mar 2019 13:55:01 +0000

Income tax calculated on the declaration is paid in two equal installments in March and July of 2019.

The first installment must be paid with the stamp tax until april 1, 2019.
The second installment must be paid until july 31, 2019.

Tax can be paid ;

on www.gib.gov.tr (Interactive Tax Office and GİB Mobile application)

– with credit cards of contracted banks

– with bank cards or bank account of contracted banks

– with bank cards, credit cards and other payment methods of banks operating in foreign countries

to contracted banks

-branches

-alternative payment channels (internet banking, telephone banking, mobile banking

to Postal And Telegraph Corporation (PTT)
to all tax offices.

You can learn how to calculate your income tax you are supposed to pay by using “Calculations” section from webpage www.gib.gov.tr . (www.gib.gov.tr —Homepage—Internet Tax Office—Transactions without Code—General Inquiry and Calculations—Calculation of Rental Income)

Source: gib.gov.tr
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 Karen Audit 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.

Is it possible to benefit from medical care if I take unemployment pay in Turkey?

MuhasebeNews — Mon, 18 Mar 2019 13:44:27 +0000

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.

What are the requirements to benefit from Unemployment Pay in Turkey?

MuhasebeNews — Wed, 06 Mar 2019 12:23:42 +0000

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.