With the announcement of TÜİK’s October 2023 inflation figures, the revaluation rate that will be valid next year has been determined. All taxes and fees will increase by 58.46 percent next year. Of course, unless Erdogan makes a different decision…
Turkish Statistical Institute (TURKSTAT) recently announced inflation data for October. According to the announced data, inflation is 3.43 percent on a monthly basis and 3.43 percent on an annual basis. 61.36 percent It was recorded as. However, these inflation figures also enabled the determination of an issue that is much more important for consumers.
In this context; To be implemented in 2024 revaluation rate It became clear. PPI, whose annual average was recorded as 58.46 percent as of October 2023, provided an understanding of the revaluation rate. Accordingly, every payment amount in official institutions and organizations There will be a 58.46 percent increase.
Taxes, fees, inspection fees and traffic fines will increase by 58.46 percent!
The revaluation rate is an important value that concerns us all. Because in this way, next year The amount of increase in payments to be applied is determined. If there is no opposing decision from President Erdoğan’s side, there will be a 58.46 percent increase in MTV, vehicle inspection fees, other taxes and fees and traffic fines. Let us note that according to the relevant law, President Erdoğan has the authority to increase or decrease these rates by 50 percent. However, this authority It is not valid for some items such as traffic fines..
Although the revaluation rate has become clear with the announcement of the October 2023 PPI rate, The decision to be published in the Official Gazette Let’s say you will have to wait. However, it is worth remembering that most of the time, there are no big changes in this ratio. For example, MTV. The revaluation rate for 2023 was recorded as 122.9 percent, but President Erdoğan decided to apply the increase rate as 61.5 percent. No discount on other items wasn’t done.