Provisional tax calculator
With our advance tax calculator, you can quickly estimate the quarterly tax payable on your period earnings. Easily determine your advance tax liability based on the latest tax rates.
Gelir (KDV hariç)
Gider (KDV hariç)
Important
This tool is for information only and produces approximate results based on generally accepted calculation logic. It does not replace professional assessment of a specific case; the final calculation should be made by an authorised professional.
What is Prepaid Corporate Tax?
Advance tax is a tax practice that allows businesses to pay the income or corporate tax they will owe at the end of the year in advance, in 3-month periods throughout the year. Thanks to this system, the tax burden is calculated and paid periodically instead of being left to the end of the year. With the advance tax calculator, you can enter your income and expense details to easily calculate the advance tax amount to be paid for each period.
How to Calculate Corporate Quarterly Tax?
When calculating provisional tax, the tax base is determined by deducting expenses from the income earned in the relevant period. The income tax or corporate tax rate is then applied to this amount to calculate the provisional tax payable.
The provisional tax calculation process generally follows these steps:
Total income for the period is calculated
Business expenses are deducted
The tax base is determined
The applicable tax rate is applied
For income taxpayers, provisional tax is calculated at a rate of 15%. For corporate taxpayers, provisional tax is calculated at a rate of 25%. However, different rates may apply in some sectors. Provisional tax paid during the year is offset against the annual income or corporate tax calculated at year end.
What are the quarterly tax periods?
In Turkey, the temporary tax return is filed in quarterly periods during the year. These periods are as follows:
1st period: January – February – March
2nd period: April – May – June
3rd period: July – August – September
No temporary tax is calculated for the last three months of the year. Earnings for this period are declared directly within the annual income tax or corporate tax return.