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When to write the severance pay as expense; when it is...

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 Severance pays are only recognised as expenses when they are paid. SSI leave of an employee that quitted the job in December, 2018. A...

Donald Trump is not attending Davos

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White House press secretary Sarah Sanders made a statement on Davos summit to be held in Switzerland this year. It was stated that U.S President...

Is it possible to write the fee of receipt of rejection...

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…a car was seized regarding its case before the execution office. We’ve received a receipt of rejection. It is written on the receipt that...

Is it possible to write insurance premiums as expense?

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There are accident and sickness insurance premiums paid to an insurance company abroad for a partner of the company. Is it possible to deduct these...

Is VAT rate still 8% for furniture?

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Is VAT discount of 8% still applied for furniture? When will it end? It will be applied until 31.03.2019.       Source: İSMMMO Legal Notice: The information in this...

Vat percentage of a material is reduced to 8% from 18%

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Our company produces kitchen cabinets. In the progress payment/agreement made before VAT discount, the parties agreed on 18% VAT. Do I have to draw...

Is the VAT rate of a guitar course 8%?

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There is a taxpayer who sells guitars online and gives guitar education in his music school. What is the VAT rate he is going...

Minimum Wage is announced!

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4th Meeting of Minimum Wage Determination Commission has ended. Minister Zehra Zümrü Selçuk made a press release, following the meeting. She announced that the minimum wage...

Is it possible to seize the companies that declared concordat?

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Company (A) who has declared concordat took a cheque from its client company (B) and used it for guarantee. Company (B) who took the...

Is the progress payment for construction work that extends to the...

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My company which does contract works signed a contract with its client between 11.10.2018-25.01.2019. Normally, the progress payments are subject to a withholding when...