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30 results Lessons 30

1. Lesson · Level 3

   Withholding tax and the muhtasar return: deducting and paying in someone else's tax

   Withholding tax (stopaj) means deducting part of the other party's income tax when you make a payment and paying it to the state on their behalf. For 2026, on the rent of a workplace rented from a person and on self-empl …

2. Lesson · Level 3

   What does VAT withholding (tevkifat) mean: who deducts it, and who pays whom?

   VAT withholding means that part or all of the VAT on an invoice is paid straight to the state by the buyer, not to the seller. The buyer makes the deduction and pays it in with its own return (KDV-2); the seller collects …

3. Lesson · Level 5

   Profit share distribution: who decides, and how much withholding tax is deducted?

   In a limited company, profit shares are distributed only from net profit for the period and from reserves set aside for this purpose, by a decision of the general meeting of partners (ortaklar genel kurulu) (TTK art. 608 …

4. Lesson · Level 0

   The first 30 words 2: Tax words

   VAT (KDV) is money you collect from customers and hold in trust for the state. Withholding tax (stopaj) is someone else's tax that you deduct when making a payment and pay to the state. Income tax (gelir vergisi) is take …

5. Lesson · Level 3

   A month's calendar: what is due on which day?

   A month's business is reported and paid the following month: if you have employees, the muhtasar ve prim hizmet beyannamesi (withholding and premium service return) and the taxes withheld are due on the 26th of the follo …

6. Lesson · Level 0

   What is tax: where does the state's share come from

   The main payments an employer meets are: VAT (KDV, money held in trust: collected from the customer and handed to the state), income tax or corporate tax (a share of profit), withholding tax (stopaj, deducting someone el …

7. Lesson · Level 3

   If you have employees, the second half of the month: from the timesheet to the SGK payment

   If you have employees, the order is this: at the end of the month you send the timesheet to the mali müşavir, the mali müşavir prepares the payroll, and you pay the wage on the day in the contract; on the 26th of the fol …

8. Lesson · Level 5

   A partner taking money out of the company: receivables from partners, interest and TTK 358

   … is amount is treated as a profit share distributed to the partner; profit share withholding tax (stopaj) comes into play (Profit share distribution). - Penalties and late payment interest may be added on top. In short, n …

9. Lesson · Level 2

   Paying wages and the timesheet (puantaj): from month end to the tax return

   Under the Labour Law (İş Kanunu), the wage is paid at least once a month. With every payment, the employer gives the employee a pay slip (ücret hesap pusulası). Over the month, write the days worked, on leave, on sick re …

10. Lesson · Level 4

    How is provisional tax calculated? The cumulative calculation, with figures

    … uarters with profit, with a loss, and with a recovery. What happens if there is withholding tax, and what changes for a company. Mehmet Usta's electricity meter The rules described in this lesson are those of Turkish law …

11. Lesson · Level 5

    Invoices, loans and interest between companies: the arm's length price

    … e part treated as distributed to a real person, such as a partner, profit share withholding tax (kâr payı stopajı) also comes into play; in 2026 the rate is 15% (Profit share distribution). If the difference went to anot …

12. Lesson · Level 5

    A new employee or a second branch? Extra cost, extra sales, break-even

    … e under real taxation or a company, in 2026 you deduct 20% of the gross rent as withholding tax (stopaj) and pay it to the tax office; 48,000 TL reaches the landlord's hands. If the contract says 60,000 in my hand , the …

13. Lesson · Level 2

    Before your first employee: opening a workplace file with SGK

    … ere the salary, deductions and premiums are calculated Every month Mali müşavir Withholding and premium service return (muhtasar ve prim hizmet beyannamesi) (the employee's days, earnings, tax withheld) By the 26th of th …

14. Lesson · Level 0

    Cash flow calendar: a calendar of money coming in and going out

    … ation (Gelir İdaresi) issued a circular extending the deadline for the combined withholding tax and social security premium return (muhtasar ve prim hizmet beyannamesi) from 26 May to 3 June, and the deadline for the VAT …

15. Lesson · Level 5

    Preparing for an SGK inspection: timesheets, payroll and employment start records

    … Payroll and pay slip (ücret hesap pusulası) Gross, deductions, net The combined withholding tax and social security premium return (muhtasar ve prim hizmet beyannamesi) Bank payment The net salary paid in The net on the …

16. Lesson · Level 5

    Putting in capital and capital increase: the right way to put money into the company

    … g profit to capital does not count as a profit distribution, so no profit share withholding tax (stopaj) is deducted (Income Tax Law art. 94/6-b). However, if this capital is later reduced and paid out to the partners, w …

17. Lesson · Level 5

    Fixed costs, variable costs and unit cost

    … pay part of the rent to the tax office on the landlord's behalf. This is called withholding tax (stopaj), that is, deducting the tax when you make the payment and paying it to the state. Your rent cost is not the amount …

18. Lesson · Level 1

    Mali müşavir fees and the contract

    … üşavir's behalf (Income Tax Law (Gelir Vergisi Kanunu) art. 94). This is called withholding tax (stopaj) , that is, tax deducted while making a payment. If you are under simplified taxation, this deduction is not made. I …

19. Lesson · Level 4

    Provisional tax at year end: deduction, refund of the excess and setting money aside every month

    … is left over is counted against other tax debts, for example a VAT or muhtasar (withholding tax) debt. This is called offsetting (mahsup). Your mali müşavir prepares the request for it. 3. If there is still something lef …

20. Lesson · Level 4

    Provisional tax periods and the 2026 deadlines

    … During October The mali müşavir enters the books; September's VAT and muhtasar (withholding tax) returns are filed The first week of November The mali müşavir calculates the January–September profit and the provisional t …

21. Lesson · Level 1

    Simplified taxation or real taxation?

    … pay it and pay that part to the state on the landlord's behalf; this is called withholding tax (stopaj) and it is reported with a return. Under simplified taxation you did not have this duty; it is often missed during t …

22. Lesson · Level 4

    The balance sheet: assets equal liabilities plus equity

    … paid within one year. Supplier debt, this year's loan instalments, and the VAT, withholding tax (muhtasar) and SGK to be paid in January. - Long-term debts: Those to be paid after one year; usually the part of the loan l …

23. Lesson · Level 2

    The first payroll (bordro): from gross to net, step by step

    … hheld, that is, 1,837.25 + 128.80 = 1,966.05 lira. It is paid together with the withholding and premium service return (muhtasar ve prim hizmet beyannamesi). The details of the total cost can be seen in the employer cost …

24. Lesson · Level 5

    The uniform chart of accounts: the accounts you see most often, from 100 cash to 770

    … in the law (for example exports, sales at reduced rates or sales subject to VAT withholding) does a refund route open; your mali müşavir knows whether it opens in your business.\n- Thinking 770 and 632 are two separate e …

25. Lesson · Level 4

    The year-end checklist: from December to July

    … by the end of the month. - December's regular returns as every month: muhtasar (withholding tax return) and the premium service declaration (prim hizmet) on 26 January, VAT on 28 January (A month's calendar). - If you ar …

26. Lesson · Level 1

    Tradesman exemption: who is not a taxpayer

    … buying business usually holds back some income tax from the money it pays you (withholding, stopaj) and pays it to the state; according to the GİB guide, this rate is 2% for purchases of goods. So the money you receive …

27. Lesson · Level 0

    What a mali müşavir (accountant) does and does not do

    … vide. - Prepares tax returns. Prepares and files returns such as VAT (KDV), the withholding tax return (muhtasar beyanname), and income or corporate tax. - Handles employee paperwork. SGK (Social Security Institution) no …

28. Lesson · Level 2

    What an employee really costs you

    … x and stamp duty withheld from the wage are also paid in the same period as the withholding and premium service return (muhtasar ve prim hizmet beyannamesi). What surprises people most in the first month is this: a few w …

29. Lesson · Level 1

    What do you send your mali müşavir every month? The monthly handover list

    … ou are not under simplified taxation, you may need to deduct tax from the rent (withholding tax, stopaj); your mali müşavir calculates this. - Electricity, water, phone and internet bills. 3. Bank and cash - The month's …

30. Lesson · Level 5

    When does a second company make sense?

    … unt, card terminal (POS), e-Invoice Every month Separate returns VAT, muhtasar (withholding tax return), provisional tax, corporate tax If there are employees, a separate SGK workplace file and payroll Every month Chambe …