number – Muhasebe News

At the end of February, the total number of road motor vehicles registered reached 22.940.636 – 2019

MuhasebeNews — Mon, 08 Apr 2019 07:57:37 +0000

Road Motor Vehicles, February 2019

At the end of February, the total number of road motor vehicles registered reached 22 940 636The total number of road motor vehicles registered to the traffic reached 22 million 940 thousand 636 by the end of February. Within the total, cars represented 54.3%, followed by small trucks 16.4%, motorcycles 14%, tractors 8.2%, trucks 3.7%, minibuses 2.1%, buses 1% and special purpose vehicles 0.3%.

In February, 34 025 road motor vehicle registrations were recorded

Within 34 thousand 25 vehicle registrations in February, cars accounted for 54.3%, followed by motorcycles 22.7%, small trucks 12.9% and tractors 4.6%. Minibuses, buses, trucks and special purpose vehicles constituted 5.5% of new registrations.

The number of road motor vehicle registrations decreased by 48.8% compared with the previous month

In February, the number of road motor vehicle registrations decreased by 48.8% compared with the previous month. Cars, minibuses, buses, small trucks and trucks decreased by 58.4%, 33.5%, 47.3%, 62.3% and 48.6% respectively. Motorcycles, special purpose vehicles and tractors increased by 30.1%, 97% and 5%.

The number of road motor vehicles registered decreased by 45.8% compared with the same month of the previous year

In February, the number of road motor vehicle registrations decreased by 45.8% compared with the same month of the previous year. Cars, minibuses, buses, small trucks, trucks and tractors decreased by 49.8%, 29.3%, 45.2%, 57.3%, 64.9% and 64.8% respectively. Motorcycles and special purpose vehicles increased by 2% and 85.8%.

In the period of January-February, the total number of road motor vehicles in traffic increased by 74 715

While 25 thousand 796 road motor vehicles were withdrawn, 100 thousand 511 road motor vehicles were added in January-February period. Hence, the total number of road motor vehicles registered increased by 74 thousand 715.

535 037 road motor vehicles handed over in February

Among 535 thousand 37 vehicles handed over⁽¹⁾, cars accounted for 70.2% followed by small trucks 17.1%, motorcycles 3.9% and tractors 3.4%. Minibuses, buses, trucks and special purpose vehicles constituted 5.4% of the handed over motor vehicles in February.

The ratio of cars registered using LPG was 37.8%

At the end of February, among 12 million 445 thousand 592 registered cars, the share of LPG-fuelled cars was 37.8% followed by diesel-fuelled cars with 37% and gasoline-fuelled cars with 24.8%. The share of electric or hybrid cars is 0.05% and the cars with unknown⁽²⁾fuel type was 0.3%.

In February, 18 464 cars were registered to the traffic

In terms of the distribution of trademarks for the 18 thousand 464 new registered cars in February, Renault recorded 15%, Fiat 14.9%, Volkswagen 11.6%, Hyundai 7.5%, Honda 6.4%, Toyota 5.3%, Peugeot 4.6%, Nissan 4.3%, Dacia 4%, Skoda 3.7% and the other trademarks 22.7% of the total.

Most frequent engine size was 1501-1600 for registered cars

Within 62 thousand 870 cars registered to traffic in January-February period, 40.1% of them had engine size 1501-1600, 27% had 1401-1500, 17.2% had 1301-1400, 10.3% had 1300 or less, 4.4% had 1601-2000, 0.9% had 2001 and above engine size.

Most frequent colour was white for registered cars

Within 62 thousand 870 cars registered to traffic in January-February period, 54.7% of them were white, 22.5% were grey, 7.5% were black, 5.4% were red and 10% were in other colours.

The next release on this subject will be on May 2, 2019.

EXPLANATIONS

(1) Road motor vehicles handed over are that the owners of them had changed through the notaries for one time or more.

(2) Unknown includes the cars for which the type of fuel field in the license was entered incorrectly or left blank.

Source: TÜİK
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

Can we declare the VAT added amount on the service invoice from Microsoft with VAT declaration number 2?

MuhasebeNews — Tue, 25 Dec 2018 11:30:34 +0000

…We receive service invoice from Microsoft every month and we declare that invoice on the VAT declaration no 2. 18% VAT was written on the invoice and that amount was withdrawn from our credit card in November and December, 2018. Are there any amendments to the legislation? In this case, I suppose I have to not give VAT declaration number 2 as the VAT was paid to the company.
(18.12.2018)

It is not possible to also give a VAT declaration number 2 for an invoice that includes VAT. If the buyer who drew up the invoice is a taxpayer in Turkey, he will certainly make out an invoice that incudes VAT.

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

Those who attain services From Abroad Be Careful about Value Added Tax Number 2!!!

MuhasebeNews — Tue, 13 Feb 2018 10:40:35 +0000

1- Those who attain services from abroad need to be careful about value added tax number 2!

If those who are not responsible for paying tax in Turkey are attaining services from abroad and benefiting from it, have to pay value-added tax. (Tax Declaration Number 2)

2- Vat Return Number 2 contains Purchased Software, too
Let us explain with an exemplum; Let say Özkan AKIN A.Ş located in Turkey purchased a software program from a company located in abroad and downloaded the program. The foreign company sent the bill via email. Bill cost is 1.000 Turkish Lira. (260 USD)
Özkan AKIN A.Ş is supposed to pay 180 Turkish Lira Value Added Tax with the proclamation of Tax Declaration Number 2.
Özkan AKIN A.Ş will demand a discount in the tax declaration number 1.
In a nutshell, the company has to pay it cash, and after that, they will get the discount they demand in the regular tax.

3- Attention is asked for the situation in which service is benefited in domestic.
In contrast to what mentioned above, If a company İn Turkey does not use the service purchased from abroad, it does not have to declare and pay value added tax with the proclamation of Tax Declaration Number 2.

Exemplum: Özkan AKIN A.Ş. purchased the service of finding a customer in abroad from a brokerage firm in Slovenia, after that service, it paid 50.000 EURO. Thanks to this brokerage, there has been a 500.000 EURO import to Australia.

The company attained brokerage service does not have to pay value-added tax.

4- IN WHICH CIRCUMSTANCE THE COMPANY HAS TO PAY VALUE ADDED TAX?In the case of operations are being done in Turkey.
Commodities are in Turkey in the process of purchasing means services are being taken and benefited in Turkey.
If services are benefited in abroad, one does not have to pay value-added tax.

Source: Article Number 3065 Value Added Tax

Istanbul In Numbers

MuhasebeNews — Fri, 29 Dec 2017 08:15:46 +0000

Istanbul, which is the biggest city of Turkey, has 14,8 million population.
Istanbul is the big city which has 39 districts.
Istanbul is linked to 48 other cities from Asia, Europe, USA and Africa, cooperating with them in business.
80 Million people live in Turkey and also almost 15 million people live in İstanbul. It means 20 Percent of the population live in İstanbul
The total area of Istanbul is 5,343 km².
The oldest part of Istanbul is based on B.C 8000.
There are 32 thousand international companies in Istanbul that show the cosmopolitanism of İstanbul.
The Gross Domestic Product (GDP) in Istanbul is 349 billion dollars. Therefore, Istanbul provides the big part of the GDP of Turkey.
Istanbul which is one of the global city of the World has 20 bilateral cooperation agreement with other cities.
Istanbul which is the attractive center for new investors has 17 transactions with other cities.

Source: www.invest.istanbul

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.