return – Muhasebe News https://www.muhasebenews.com Muhasebe News Wed, 27 Mar 2019 13:23:13 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.5 What is the Pre-filled Income Tax Return System? https://www.muhasebenews.com/en/what-is-the-pre-filled-income-tax-return-system/ https://www.muhasebenews.com/en/what-is-the-pre-filled-income-tax-return-system/#respond Wed, 27 Mar 2019 12:30:34 +0000 https://www.muhasebenews.com/?p=52710 Pre-filled income tax return system is a service, in which Turkish Revenue Administration prepare pre-filled tax returns by using data held from its data ware and submit online to the approval of taxpayers whose income composed of only wage, rental income, movable property income, other income and gains or several of them.

Taxpayers who have rental income can access to the system with; Entering personal identity information and answering personal security questions,

  • Using Internet Tax Office Code (if they do not have, they can get freely from any tax offices).
  • Foreign ID Number (11-digit number starting with 99) using with identity information and Internet Tax Office Code
  • The Tax Identification Number (10 digits) which taken before in Turkey for tax liability only Internet Tax Office Code

Persons who have not rental income tax liability also can use this system. In case there is not any liability record at tax offices, taxpayer is registered and the assessment of tax is done automatically when their rental income tax return is approved electronically. Then payments for this rental income tax return can be made through contracted banks or all tax offices. Also, it can be paid via online banking.

There is no obligation for using system. Returns can be also given by hand to tax offices or through electronically (via E-return preparation programme).

Detailed information about Pre-filled Income Tax Return System can be obtained from and access to the system can be reached at www.gib.gov.tr or interactive tax office.

 

 

 

Source: GİB
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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]]> https://www.muhasebenews.com/en/what-is-the-pre-filled-income-tax-return-system/feed/ 0 Are we supposed to declare in the income tax return the earnings from wages given by the employers abroad? https://www.muhasebenews.com/en/are-we-supposed-to-declare-in-the-income-tax-return-the-earnings-from-wages-given-by-the-employers-abroad/ https://www.muhasebenews.com/en/are-we-supposed-to-declare-in-the-income-tax-return-the-earnings-from-wages-given-by-the-employers-abroad/#respond Tue, 12 Mar 2019 11:38:13 +0000 https://www.muhasebenews.com/?p=50959 Are the wages of employees who work in the contact office of a foreign company in Turkey subject to income tax deduction?

Wages from foreign employers are declared in the income tax return to the tax authority by the employee.

 

 

 

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/are-we-supposed-to-declare-in-the-income-tax-return-the-earnings-from-wages-given-by-the-employers-abroad/feed/ 0 Is it possible for companies that transport goods locally to declare the VAT return quarterly? https://www.muhasebenews.com/en/is-it-possible-for-companies-that-transport-goods-locally-to-declare-the-vat-return-quarterly/ https://www.muhasebenews.com/en/is-it-possible-for-companies-that-transport-goods-locally-to-declare-the-vat-return-quarterly/#respond Mon, 07 Jan 2019 12:30:08 +0000 https://www.muhasebenews.com/?p=43502 Is it possible for a company that transports goods locally and internationally and that keeps books on the basis of balance to declare the VAT return quarterly?

Taxation period is on trimester basis for taxpayers who are

-exclusively transport goods and passangers internationally,

-exclusively transport goods between cities,

-exclusively transport goods and passangers internationally while transporting goods between cities,

-exclusively transport goods locally,

and who also pay tax on real taxation system as well as keep books by means of operation account method.

 

 

 

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/is-it-possible-for-companies-that-transport-goods-locally-to-declare-the-vat-return-quarterly/feed/ 0 We paid VAT for the goods that are exported without returns for a fair. Can we take the VAT back when we send the goods back? https://www.muhasebenews.com/en/we-paid-vat-for-the-goods-that-are-exported-without-returns-for-a-fair-can-we-take-the-vat-back-when-we-send-the-goods-back/ https://www.muhasebenews.com/en/we-paid-vat-for-the-goods-that-are-exported-without-returns-for-a-fair-can-we-take-the-vat-back-when-we-send-the-goods-back/#respond Tue, 25 Dec 2018 10:00:48 +0000 https://www.muhasebenews.com/?p=42366 Some goods came from abroad without charge and they were exhibited at our fair by being nationalized. I took the goods in our stocks.

1-Export Advance – 159 Income from Costless Goods – 679

2- Export Declaration – 153 Taking Export Advance in stocks – 159

The goods were sent back to the foreign company as they were not sold. We made export without returns and drafted no charge invoice.

My question is; How will the System of Records work? The VAT in the amount of TRY 1.265,43 which had been paid in October was deducted when we received the export without returns. Are we going to pay this VAT in the export period as a supertax?
 (20.12.2018)

 

The good was exported even without charge VAT exemption is applied for the export.

 

 

 

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/we-paid-vat-for-the-goods-that-are-exported-without-returns-for-a-fair-can-we-take-the-vat-back-when-we-send-the-goods-back/feed/ 0 What steps to follow if the exports which are not accepted by the buyer are not returned physically? https://www.muhasebenews.com/en/what-steps-to-follow-if-the-exports-which-are-not-accepted-by-the-buyer-are-not-returned-physically/ https://www.muhasebenews.com/en/what-steps-to-follow-if-the-exports-which-are-not-accepted-by-the-buyer-are-not-returned-physically/#respond Wed, 19 Dec 2018 15:30:25 +0000 https://www.muhasebenews.com/?p=42005 There is an export company selling mines. During the delivery, some goods were not accepted by the receiver but they also can not be returned. What kind of a document the receiver can draft to reduce its debt to us, which would also reduce our receivables?
(18.12.2018)

There is nothing to do for the goods that are not returned. There should be a legal transaction for the export price.

 

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/what-steps-to-follow-if-the-exports-which-are-not-accepted-by-the-buyer-are-not-returned-physically/feed/ 0 How much of the VAT return can I take with the CPA (Certified Public Accountant) Report? https://www.muhasebenews.com/en/how-much-of-the-vat-return-can-i-take-with-the-cpa-certified-public-accountant-report/ https://www.muhasebenews.com/en/how-much-of-the-vat-return-can-i-take-with-the-cpa-certified-public-accountant-report/#respond Thu, 06 Dec 2018 14:30:35 +0000 https://www.muhasebenews.com/?p=41090 What is the upper limit of VAT return that the  taxpayers who signed a full certification agreement can take with CPA Report?

The upper limit of VAT return that can be taken with a CPA Report is given below in terms of the types:

1-VAT Law: The upper limit for the year of 2018 is TRY 562.000 for the Articles of 11/1a, 11/1c, 13, 14, 15/1-b, 17/4-s, 9

2- The upper limit for the year of 2018 is TRY 1.124.000 for the Article of 29/2.

3- The upper limit for the year of 2018 is TRY 148.000 for the Article of 11/1-b (A Full certification agreement is not required for the returns that will be taken according to this Article.)

 

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-much-of-the-vat-return-can-i-take-with-the-cpa-certified-public-accountant-report/feed/ 0 How the Premium returns of Turkish citizens working in Germany made? https://www.muhasebenews.com/en/how-the-premium-returns-of-turkish-citizens-working-in-germany-made/ https://www.muhasebenews.com/en/how-the-premium-returns-of-turkish-citizens-working-in-germany-made/#respond Thu, 03 May 2018 10:06:16 +0000 https://www.muhasebenews.com/?p=28844 How the Premium returns of Turkish citizens working in Germany made?
1- What does Germany Premium return mean?
The Premiums of Turkish citizens, working in Germany, can be taken back to them or to their kin if they pass away with some conditions.
2-WHere to apply for Germany Premium Returns?
Appliers need to apply for provincial directorate of social security institutions nearby their dwellings in Turkey by themselves.
3- What are the general conditions for premium returns?
Prior condition for making Premium returns is that social insurant who is a Turkish citizen, has to wait 2 years and to no longer live in Germany. The begging of waiting process is the end of the being covered by old age insurance. Compulsory insurance procedure in Germany and Turkey are the same. Unemployment benefit accepted as payments substituted for earnings, general unemployment benefit and unemployment insurance benefit after First January, 2015 are accepted as compulsory insurance and waiting process starts after those above mentioned payments made.
Two years of waiting process starts each and every time after compulsory insurance terminates. Social security and general health insurance law no.5510 does not affect this period.
Turkish Citizens left Germany until 17th March 1987 are not affected by waiting process even if they have compulsory insurance in Turkey and they can take premium returns.
Moreover, Turkish Citizens whose premium payments do not exceed 5 years in both countries even if they are over 65 years old do not have to wait two years.  
4-How Premium returns are made?
4.1- It is possible to make Germany Premium returns to widowers, divorcees and orphans. Germany and Turkish insurance periods are merged when analyzing these conditions.
4.2- Orphans have to meet the conditions of Germany Pension Laws in order to have Premium returns.
4.3- In other words, applicant has to be under 18 or has to be under 27 if he is disabled. Orphans are able to submit petition if they are over 15 years old.
4.4- Premiums are shared equally if there is more than one orphan.
5- What are the refundable and nonrefundable premiums?
The half of insurance premiums is refundable. Premiums that insurant do not contribute such as; unemployment benefit, unemployment compensation, injured and patient money are nonrefundable.
Any kind of retirement, monthly payment made by German insurance, rehabilitation treatment, and other benefits made for tuberculosis of insurant’s wife and/or kids are nonrefundable.
The premiums of those whose partial emolument in Turkey are calculated over Germany, premium payment periods are nonrefundable. However, those whose partial emoluments are pensioned, who make Foreign Service debt and make national service debt, and their premiums are refundable. Refunds of a specific amount of premiums cannot be demanded.
6-What are the results of Premium return?
German retirement insurance is canceled after refunding premiums. Other rights including child raising allowance are canceled. Consequently, premiums before any kind of benefits would no longer be valid.

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.

]]> https://www.muhasebenews.com/en/how-the-premium-returns-of-turkish-citizens-working-in-germany-made/feed/ 0