Turkey enters the new year with new taxes: Here are the rates item by item

Accordingly, the first bracket of the income tax schedule to be applied in 2025 has been increased from 110 thousand liras to 158 thousand liras, the second bracket from 230 thousand liras to 330 thousand liras, the third bracket from 580 thousand liras to 800 thousand liras, and the fourth bracket from 3 million liras to 4 million 300 thousand liras.

For those earning wage income, the third bracket, which was 870 thousand liras, will be applied as 1 million 200 thousand liras. According to the new schedule, which starts with an initial income bracket of 158 thousand liras, all income tax payers, especially wage earners, will pay taxes at higher brackets later.

MINIMUM WAGE EARNERS WILL NOT PAY INCOME TAX OR STAMP DUTY

The 30 percent increase in the minimum wage was also reflected in the income tax and stamp duty exemption. Due to the minimum wage being tax-exempt, all wage earners will not pay 47 thousand 519.79 liras in income tax and stamp duty in 2025.

DISCOUNT ON MONTHLY TAX RATES FOR THE DISABLED

The monthly tax deduction amounts applied to disabled citizens have been increased in line with the revaluation rate. Depending on the degree of disability, the monthly deduction amounts of 1 thousand 700, 4 thousand, and 6 thousand 900 liras have been increased to 2 thousand 400, 5 thousand 700, and 9 thousand 900 liras, respectively.

Furthermore, the Special Consumption Tax (SCT) exemption amount, which was 1 million 591 thousand 200 TL in 2024, has been raised to 2 million 290 thousand 200 liras as of January 1, 2025.

The exemption limit has been increased by the revaluation rate from 1 million 100 thousand liras to 1 million 580 thousand liras. In this context, income earned up to 1 million 580 thousand liras will be covered by the exemption.

Some limits and amounts, such as annual rent amounts and annual purchase, sale, and business revenue, which are among the conditions for being subject to the simple method, have also been updated. While compliant taxpayers among income and corporate tax payers who file their declarations on time and pay their taxes benefit from a 5-point tax discount, the upper limit of the amount that can be discounted has also been increased by the revaluation rate from 6.9 million liras to 9.9 million liras.

Exemption amounts for Inheritance and Transfer Tax have increased, and the tax schedule has been updated. The exemption amount applied for spouses and children in inheritances has increased from 1 million 609 thousand liras to 2 million 316 thousand liras, and the exemption amount applied to gratuitous transfers and bonuses has increased from 37 thousand 59 liras to 53 thousand 339 liras.

MTV, PASSPORT, DRIVER'S LICENSE, AND CELL PHONE TAXES INCREASED

The Motor Vehicle Tax (MTV) has been increased by 43.93 percent. The 2025 tax for a vehicle that had a motor vehicle tax of 2 thousand 343 liras in 2024 has become 3 thousand 372 liras, and the 2025 tax for a vehicle that had a motor vehicle tax of 5 thousand 265 liras has become 7 thousand 577 liras. For electric motor vehicles, tax will be paid at one-fourth of the tariff.

Passport and driver's license fees have also increased. The fee for a 1-year passport will be 3 thousand 449.40 liras, 8 thousand liras for 3-year passports, and 11 thousand 274 liras for those with a validity of more than 3 years.

In 2025, the Class A driver's license fee was set at 1 thousand 883.10 liras, while this amount will be applied as 5 thousand 678.60 liras for Class B driver's license fees. The fee for phones brought by passengers has increased from 31 thousand 692 liras to 45 thousand 614.20 liras.

Fixed stamp duty amounts have also been increased by 43.93 percent. Additionally, the bookkeeping limits to be applied for books to be kept in 2024 have been redetermined. In this context, taxpayers whose annual sales amount exceeds 2 million 800 thousand liras will keep their 2025 books based on the balance sheet method.

Irregularity and special irregularity penalties have also been updated. The penalty for not issuing invoices and receipts has increased to 14 thousand liras for the first detection. As of 2025, the invoice issuance limit has been increased from 6 thousand 900 liras to 9 thousand 900 liras.

TARIFF TO BE APPLIED FOR VALUABLE PAPERS

In addition, the sales prices to be applied for valuable papers in 2025 have been determined. The notary paper and declaration fee is 125 liras; the protest, power of attorney, and official deed fee is 250 liras; the passport fee is 1 thousand 135 liras, and the residence permit fee is 810 liras. For identity cards issued due to birth or replacement outside the legal notification period, 185 liras will be paid, and 370 liras will be paid for identity cards issued due to loss.

While the family register fee is 1 thousand 10 liras, driver's licenses and driver work certificates are set at 1 thousand 420 liras, motor vehicle registration certificates at 1 thousand 270 liras, construction machinery registration certificates at 1 thousand 60 liras, bank checks (per check leaf) at 80 liras, blue cards at 185 liras, and foreign work and work permit exemption document fees at 810 liras.