NewsCase StudiesEvents

Payroll Made Simple In Turkey

Also in the news...

UK and Switzerland's negotiations for an enhanced trade agreement

UK-Switzerland enhanced free trade agreement negotiations

Information on key security and political risks which UK businesses may face when operating in Hong Kong.

Guidance Overseas business risk for Hong Kong

Local sites and numbers of employees linked to businesses involved in international trade in goods, by subnational areas of the UK 2022

The release reports on the number of local sites and the number of employees within each ITL3 area linked to a business carrying out international trade in goods.

Foreign travel advice Sudan

FCDO advises against all travel to Sudan.

Foreign Secretary pushes for closer cooperation with Thailand

David Cameron heads to Thailand, one of the biggest economies in south-east Asia, for his first visit as Foreign Secretary to the Indo-Pacific region.

Payroll Made Simple In Turkey

Back to News

Payroll processing and reporting in Turkey is easy when you have the right local expertise.

It’s possible to have an employment contract in any convertible currency in Turkey. That, along with the ability to negotiate your salary terms in net or gross taxes is very appealing for employees. Also, as payroll taxes are deducted at source and paid on a monthly basis, personnel (with no other sources of income) are spared the headache of annual filings.

However, these advantages can make Turkish payroll processing quite challenging and time-consuming for companies due to the conversions, calculations and timings required. Turkish legislation also specifies that payroll processing should be carried out separately for each workplace, so, if your business operates in five cities, five separate payrolls and relevant social security filings must be submitted.

One of our clients with 100 staff members was previously using a different third party provider in each city they operated in, and their HR department was struggling to consolidate all of the separate payroll information that was coming in. Our HR and payroll experts in Istanbul were able to introduce some much-needed streamlining. We appointed a key contact to collate the payroll information from each office for the clients’ HR department after our team processed it centrally.

This solution significantly reduced the administrative time for the client, and brought further efficiencies through their ability to communicate individual office payroll requirements to us; their sole provider.

When it comes to managing payroll in Turkey, it’s important to find a local partner who has not only adequate reach, but also the right processing system and accounting expertise to accommodate even the most complex of reporting requirements. At TMF Group, our experts work with your back office to create a bespoke solution that allows you to focus on your core business.

Find out more about our HR and payroll services.


You are not logged in!

Please login or register to ask our experts a question.

Login now or register.