Overview of Payroll in Turkey

Turkey, an emerging business hub, is the gateway between Europe and Asia providing an attractive investment opportunity for business across all types of industries with the various incentives offered by the government.  Like many nations Turkey does have a complex payroll structure, tax and social security system but unlike most nations Turkish employees are not subject to any year-end activity and the reasons will become clearer as the unfolds.

This course will be delivered over 3 days at 1.5 hours a day and will be a more interactive classroom structure with worksheets and tests being provided to ensure full understanding.

This course is aimed at payroll representatives of global organizations who will remotely run Turkish payroll or for service providers who need to ensure client compliance of Turkish payroll. 

By the end of the course participants should be able to manually a standard payroll, have a fairly in-depth understanding of the application of legal payroll parameters, general payroll rules and most importantly the application and effect of exemptions and discounts in payroll. The use of worksheets, exercises and tests will allow participants to directly apply the topics to the payroll calculation process.

 ✓Overview of Payroll in Turkey
 ✓Payment types and benefits in kind
 ✓Calculation of statutory deductions
 ✓Working week and differences in working hours calculations and overtime
 ✓All leave types
 ✓Termination payments and termination conditions, statutory requirements.
 ✓Annual payroll parameters and tax tables
 ✓New hire and termination process, legal deadlines.
 ✓Overview of legislative framework
 ✓Unions and collective agreements
 ✓Wage garnishments and court orders
 ✓Private pension system and compulsory pension deductions