Payroll Service
Outsource Payroll
BudakCPA specializes in providing outsource payroll services in Turkey. We offer payroll and payroll related services, plus oversee social security operations in Turkey. We also offer payroll, social security and withholding tax services for the expatriate staff of foreign investors.
Payroll Services
Registration of new employee and related information
- Payroll calculation, including all details
- Monthly submission of payroll sheets
- To inform client of tax withholding and social security payments
- Communicate to official authorities for any relevant changes to employee’s status
- Consultancy service regarding issues employment procedures
- Preparation of legal reports for official authorities
- Deregistration of employee
Payroll Elements
Employee Deductions
- Social Security Insurance Deduction
- Social Security Insurance Unemployment Deduction
- Income Tax
- Stamp Tax
Employer Deductions
- Social Security Insurance Deduction
- Social Security Insurance Unemployment Deduction
Calculation of Net Salary
Gross Salary (Total Employee Deduction + Income Tax + Stamp Tax)