Those who restructure their debts such as taxes and administrative fines for the public must pay the first and second installments by 31 July in order to benefit from the application. If the configured amount is paid in advance by this date, 90% discount will be applied from the calculated amount and 25% discount will be applied to administrative fines.
The application period to benefit from the restructuring arrangement within the scope of the Law on the Restructuring of Certain Receivables and the Amendment of Certain Laws ended on 3 July.
Configuring debts can be paid in cash or in monthly installments up to a maximum of 48 months, depending on the preference made.
The deadline for cash payment of restructured debts will expire on Monday, July 31.
If the configured amount is paid in full, you can benefit from the advance payment discount
Those who prefer to pay in installments have to make the first and second installments by 31 July. The first and second installments will be paid in the same period, since the first installment payment period has been extended by the President’s Decision.
In order to continue to benefit from the restructuring provisions, the first two installments must be paid on time and in full.
It is possible to pay in installments less than the number of installments preferred during the application, and in this case, the amount to be paid will be adjusted according to the relevant coefficient.
Although the option to pay in installments is preferred, the cash payment discount will be available if the entire amount is paid by the end of the month.
If all restructured debts are paid in advance by the end of the month, the coefficient will not be applied to the restructured debts. A 90% discount will be made from the amount calculated on the basis of D-PPI rates, and a 25% discount will be made from the actual administrative fines.
If the restructured debt is only ancillary receivables, a 50% discount from the calculated D-PPI amount, and a 10% discount from the tax (excluding stamp tax) accrued as a result of the tax base or tax increase will be put into effect.
Can be paid electronically
It is possible to make payments electronically from the internet address of the Revenue Administration, www.gib.gov.tr, through the Interactive Tax Office and the GİB Mobile application.
Structured debts can be paid from bank and credit cards or bank accounts of contracted banks, cards belonging to banks operating in foreign countries, branches of contracted banks, alternative payment channels such as internet and telephone banking and mobile banking, tax office cashiers or PTT branches.
Last day for income and motor vehicle tax is 31 July
On the other hand, the second installment payment period of income tax related to income elements obtained in 2022 will expire on 31 July.
In addition, the second installment payment period of 2023 motor vehicle tax (MTV) will end on 31 July.
Source: Trthaber / Prepared by Irem Yildiz