Following the fourth and last meeting held at the Ministry of Labor and Social Security, the amount of the minimum wage to be paid in 2022 was announced. The minimum wage was 4,250 TL.
The sudden increase in the exchange rate in recent months and the accompanying rising inflation have reduced our purchasing power in Turkey by almost half. Therefore, it will be given in 2022. how much will the minimum wage be has also been the biggest curiosity of recent weeks. After the last meeting that took place today, the minimum wage was finally determined.
The fourth and final minimum wage meeting was held at the Ministry of Labor and Social Security today. With the press release made after the meeting, the minimum wage for 2022 was announced. President Recep Tayyip Erdogan, minimum wage in 2022 He announced that it will be 4,250 TL.
The minimum wage was determined as 4.250 TL
Following his statement, President Erdoğan made important statements about the comparison of the minimum wage with the dollar rate. Stating that this approach is wrong, Erdoğan used the following statements:
“Were you employing these people in dollars in this country where the Turkish lira exists? Were you employing them in euros?”
Income tax and stamp duty are removed from the minimum wage:
The President announced that the income tax and stamp tax on the minimum wage will be abolished. He stated that this would reduce the cost burden on employers.
How much has the employer’s burden been reduced?
Income tax of 15%, ie 456.13 TL, from the gross minimum wage of 3,577,50 TL in 2021; Stamp duty was deducted at 27.15 TL.