Calculated one by one: How much MTV will vehicle owners pay in 2024?

The revaluation rate for 2023 has been set at 58.46 percent.

The Tax Procedure Law Communiqué prepared by the Revenue Administration of the Ministry of Treasury and Finance has been published in the Official Gazette. The Motor Vehicle Tax (MTV) will also increase at this rate.

In accordance with the Tax Procedure Law, the President has the authority to reduce the revaluation rate for taxes and fees by up to 50 percent and increase it by up to 50 percent.

According to the news on NTV; it has been determined how much MTV vehicle owners will pay in 2024.

So, how much does each vehicle owner pay with the current MTV rates? How is the MTV payment made? What are the MTV installment payment dates?

Here are the MTV rates for 2024 by vehicle type...

0-1300 ENGINE

Tax base up to 114,000 liras

1-3 years old - Increased from 2,120 TL to 3,359 TL

4-6 years old - Increased from 1,479 TL to 2,343 TL

Tax base between 114,000 - 199,700 liras

1-3 years old - Increased from 2,330 TL to 3,692 TL

4-6 years old - Increased from 1,626 TL to 2,576 TL

Tax base 199,700 liras and above

1-3 years old - Increased from 2,545 TL to 4,032 TL

4-6 years old - Increased from 1,773 TL to 2,809 TL

1301-1600 ENGINE

Tax base up to 114,000 liras

1-3 years old - Increased from 3,693 TL to 5,572 TL

4-6 years old - Increased from 2,769 TL to 4,387 TL

1301-1600 CC

Tax base between 114,000 - 199,700 liras

1-3 years old - Increased from 4,066 TL to 6,442 TL

4-6 years old - Increased from 3,049 TL to 4,831 TL

1301-1600 CC

Tax base 199,700 liras and above

1-3 years old - Increased from 4,434 TL to 7,026 TL

4-6 years old - Increased from 3,325 TL to 5,268 TL

1601-1800 CC

Tax base not exceeding 285,800

1-3 years old - Increased from 7,178 TL to 11,374 TL

4-6 years old - Increased from 5,613 TL to TL

Tax base exceeding 285,800

1-3 years old - Increased from 7,834 TL to 12,413 TL

4-6 years old - Increased from 6,120 TL to 9,697 TL

1801-2000 CC

Tax base 285,800 liras

1-3 years old - Increased from 9,048 TL to 14,337 TL

4-6 years old - Increased from 6,968 TL to 11,041 TL

Tax base 285,800 liras and above

1-3 years old - Increased from 11,311 TL to 17,923 TL

4-6 years old - Increased from 9,505 TL to 15,061 TL

2001 - 2500 CC

Tax base 356,900 liras

1-3 years old - Increased from 16,967 TL to 26,885 TL

4-6 years old - Increased from 12,319 TL to 19,520 TL

Tax base 356,900 liras and above

1-3 years old - Increased from 18,512 TL to 29,334 TL

4-6 years old - Increased from 13,436 TL to 21,290 TL

2501 - 3000 CC

Tax base 714,300 liras

1-3 years old - Increased from 23,658 TL to 37,488 TL

4-6 years old - Increased from 20,583 TL to 32,615 TL

Tax base 714,300 liras and above

1-3 years old - Increased from 25,812 TL to 40,901 TL

4-6 years old - Increased from 22,453 TL to 35,579 TL

4001 CC AND ABOVE

Tax base not exceeding 1,357,700 liras

1-3 years old - Increased from 92,725 TL to 146,932 TL

Tax base exceeding 1,357,700 liras

1-3 years old - Increased from 101,153 TL to 160,287 TL

7-11 YEARS OLD

0-1300 CC

2023 MTV: 826 Lira

2024 MTV: 1,308 Lira

1301-1600 CC

2023 MTV: 1,606 Lira

2024 MTV: 2,544 Lira

7-11 YEARS OLD

1601-1800 CC

2023 MTV: 3,003 Lira

2024 MTV: 4,758 Lira

1801-2000 CC

2022 MTV: 2,882 Lira

2024 MTV: 4,566 Lira

16 YEARS OLD AND ABOVE

0-1300 CC

2023 MTV: 219 Lira

2024 MTV: 347 Lira

1301-1600 CC

2023 MTV: 436 Lira

2024 MTV: 690 Lira

MOTORCYCLE 2024 MTV RATES

100-250 cc 1-3 years old - 625 TL

100-250 cc 4-6 years old - 467 TL

100-250 cc 7-11 years old - 345 TL

100-250 cc 12-15 years old - 212 TL

100-250 cc 16 years old and above - 80 TL

251-650 cc 1-3 years old - 1,294 TL

251-650 cc 4-6 years old - 979 TL

251-650 cc 7-11 years old - 625 TL

251-650 cc 12-15 years old - 345 TL

251-650 cc 16 years old and above - 212 TL

MINIBUS

1-6 YEARS OLD - Increased from 2,535 TL to 4,016 TL

7-15 YEARS OLD - Increased from 1,674 TL to 2,652 TL

16 YEARS OLD AND ABOVE - Increased from 817 TL to 1,294 TL

MTV ON ELECTRIC VEHICLES

Although the MTV applied to internal combustion engine automobiles is reduced to one-fourth for electric automobiles, MTV payments have recently reached high levels due to the high engine power of new models.

The age, market value, and kilowatt (kW) of the electric vehicle are decisive in the amount of MTV that must be paid.

Up to 70 kW not exceeding 114,000 TL

1-3 Years Old - Will increase from 530 TL to 839 TL

4-6 Years Old - Will increase from 369 TL to 584 TL

Up to 70 kW 114,000-199,700 TL

1-3 Years Old - Will increase from 581 TL to 920 TL

4-6 Years Old - Will increase from 407 TL to 644 TL

Up to 70 kW exceeding 199,700 TL

1-3 Years Old - Will increase from 636 TL to 1,007 TL

4-6 Years Old - Will increase from 444 TL to 703 TL

71-85 kW not exceeding 114,000 TL

1-3 Years Old - Will increase from 923 TL to 1,462 TL

4-6 Years Old - Will increase from 692 TL to 1,096 TL

71-85 kW 114,000-199,700 TL

1-3 Years Old - Will increase from 1,015 TL to 1,608 TL

4-6 Years Old - Will increase from 762 TL to 1,207 TL

71-85 kW exceeding 199,700 TL

1-3 Years Old - Will increase from 1,109 TL to 1,757 TL

4-6 Years Old - Will increase from 831 TL to 1,316 TL

86-105 kW not exceeding 285,800 TL

1-3 Years Old - Will increase from 1,794 TL to 2,842 TL

4-6 Years Old - Will increase from 1,403 TL to 2,223 TL

86-105 kW exceeding 285,800 TL

1-3 Years Old - Will increase from 1,957 TL to 3,101 TL

4-6 Years Old - Will increase from 1,531 TL to 2,426 TL

106-120 kW not exceeding 285,800 TL

1-3 Years Old - Will increase from 2,827 TL to 4,479 TL

4-6 Years Old - Will increase from 2,177 TL to 3,449 TL

106-120 kW exceeding 285,800 TL

1-3 Years Old - Will increase from 3,084 TL to 4,886 TL

4-6 Years Old - Will increase from 2,377 TL to 3,766 TL

121-150 kW not exceeding 356,900 TL

1-3 Years Old - Will increase from 4,242 TL to 6,721 TL

4-6 Years Old - Will increase from 3,079 TL to 4,878 TL

121-150 kW exceeding 356,900 TL

1-3 Years Old - Will increase from 4,628 TL to 7,333 TL

4-6 Years Old - Will increase from 3,359 TL to 5,322 TL

151-180 kW not exceeding 714,300 TL

1-3 Years Old - Will increase from 5,914 TL to 9,371 TL

4-6 Years Old - Will increase from 5,145 TL to 8,152 TL

151-180 kW exceeding 714,300 TL

1-3 Years Old - Will increase from 6,453 TL to 10,225 TL

4-6 Years Old - Will increase from 5,613 TL to 8,894 TL

180-210 kW not exceeding 714,300 TL

1-3 Years Old - Will increase from 9,005 TL to 14,269 TL

4-6 Years Old - Will increase from 8,105 TL to 12,843 TL

180-210 kW exceeding 714,300 TL

1-3 Years Old - Will increase from 9,827 TL to 15,571 TL

4-6 Years Old - Will increase from 8,842 TL to 13,060 TL

211-240 kW not exceeding 1,143,000 TL

1-3 Years Old - Will increase from 14,163 TL to 22,442 TL

4-6 Years Old - Will increase from 12,230 TL to 19,379 TL

211-240 kW exceeding 1,143,000 TL

1-3 Years Old - Will increase from 15,452 TL to 24,485 TL

4-6 Years Old - Will increase from 13,341 TL to 21,140 TL

241+ kW not exceeding 1,357,700 TL

1-3 Years Old - Will increase from 23,181 TL to 36,732 TL

4-6 Years Old - Will increase from 17,382 TL to 27,543 TL

241+ kW exceeding 1,357,700 TL

1-3 Years Old - Will increase from 25,287 TL to 40,069 TL

4-6 Years Old - Will increase from 18,963 TL to 30,048 TL

WHERE ARE MTV PAYMENTS MADE?

MTV payments can be made through contracted banks via the Revenue Administration's website.

Alternatively, MTV payments can be made via the Internet Banking or Mobile Banking of contracted banks. Payments can also be made at PTT and tax offices.

Past period debts can also be queried on the Revenue Administration's website.

News Source: 12punto