paid – Muhasebe News https://www.muhasebenews.com Muhasebe News Mon, 24 Jun 2019 15:22:40 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.3 Is it possible for a seaman to be subject to severance pay if he terminates the service contract unilaterally due to not being paid? https://www.muhasebenews.com/en/is-it-possible-for-a-seaman-to-be-subject-to-severance-pay-if-he-terminates-the-service-contract-unilaterally-due-to-not-being-paid/ https://www.muhasebenews.com/en/is-it-possible-for-a-seaman-to-be-subject-to-severance-pay-if-he-terminates-the-service-contract-unilaterally-due-to-not-being-paid/#respond Mon, 24 Jun 2019 15:22:40 +0000 https://www.muhasebenews.com/?p=61944 Is it possible for a seaman to be subject to severance pay if he terminates the service contract unilaterally due to not being paid?

In accordance with Article 20 and Subparagraph II of Article 14 of Maritime Law numbered 854, if a seaman terminates the service contract unilaterally due to not being paid, he will be subject to severance pay.

 

 


Source: Ministry of Labor and Social Security
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.


 

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When to write the severance pay as expense; when it is recognised or paid? https://www.muhasebenews.com/en/when-to-write-the-severance-pay-as-expense-when-it-is-recognised-or-paid/ https://www.muhasebenews.com/en/when-to-write-the-severance-pay-as-expense-when-it-is-recognised-or-paid/#respond Mon, 21 Jan 2019 12:30:52 +0000 https://www.muhasebenews.com/?p=44684  Severance pays are only recognised as expenses when they are paid. SSI leave of an employee that quitted the job in December, 2018. A payroll was prepared and signatures were taken. But the payment was made in January, 2019. So should we include the stamp tax in the tax declaration of December, 2019 and pay it? Or record the payroll in the new year (January 2019) and then make payment to the tax office?

 

Recognition as an expense is made in 2019 as the payment was made in January. It appears in the tax declaration of January.

 

 

 

 

 

 


Source: İSMMMO
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.


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