Tool · Income Tax

Income Tax Calculator

Estimate your approximate income tax and bracket breakdown from your annual income. Results are for information only; confirm your exact situation with your accountant.

Enter your annual income to see the approximate income tax and bracket breakdown.

What is income tax?

Income tax is a progressive (bracketed) tax levied on the earnings and revenues an individual obtains during a calendar year. In Turkey, wages, rent (income from immovable property), self-employment income, commercial income and other income items make up the subject of income tax. This tool shows the approximate tax based on the annual income you enter and how much falls into each bracket; the actual tax varies with your situation, deductions and the current tariff.

How do the tax brackets work?

Income tax is progressive: as the base rises, only the portion that falls into a higher bracket is taxed at the higher rate — the whole income is not taxed at a single rate. For example, if the first bracket is 15% and your income exceeds it, only the excess is taxed at the next bracket's rate. As a result, the 'average tax rate' is usually lower than the top bracket rate. The bracket breakdown table in the calculator shows the amount in each bracket and the tax computed there separately.

Is rental income included in income tax?

Yes. Rental income from immovable property is subject to income tax and is taxed on the non-wage tariff. Home rental income may benefit from a specific exemption amount and the lump-sum or actual-expense method; commercial rent usually involves withholding. When you select rental income in this tool, the non-wage tariff is applied; for the home exemption and expense details, we recommend using our separate Rental Tax tool.

Does a property sale gain fall under income tax?

The capital gain from an individual selling a purchased property before 5 years have passed is an element of income tax, and the part remaining after exemption and indexation is taxed on the progressive tariff. However, this is not the same as regular rental income. Selling a property for a profit is a 'capital gain', while receiving rent each month from that property is 'rental income'. For your sale gain you can use our separate Capital Gains Tax tool.

What to watch when calculating?

For the estimate to be close to reality, it matters to select the correct year, enter your gross income in full, and state any deductible expenses and exemptions with the right amounts. For wage income, the minimum-wage exemption, insurance premiums and other deductions affect the result; this tool does not apply these automatically. Tariffs are also updated each year. So treat the figure as a preliminary idea, not binding, and consult your accountant for an exact calculation.

A guide for property owners

Income-tax planning matters for property owners with multiple properties or rental income. Correctly declaring rental income, choosing the appropriate expense method and foreseeing the bracket effect can markedly change net returns. If you have several income items during the year (e.g. both wages and rent), they may need to be assessed together. With this tool you can try different income scenarios and see your approximate tax burden in advance.

Income planning with Best Point

For those wishing to earn rental income from property investment in Belek, Kadriye and the Antalya region, the right property choice and a realistic rent expectation are very important. Our team informs you about current rent levels, occupancy and yield in the area, so you can make your investment decision while keeping the tax effect in mind. You can try your income scenario with the calculator above, then contact us for a region-specific assessment.

Frequently Asked Questions

How are the tax brackets applied?

Income tax is progressive; each portion of the base is taxed only at its own bracket's rate. When your income exceeds a bracket, only the excess is computed at the next bracket's rate.

Is rental income subject to income tax?

Yes, rental income from immovable property is subject to income tax and is taxed on the non-wage tariff. For the home rental exemption and expense methods, use our separate Rental Tax tool.

Does this calculation give an exact result?

No. The result is only an approximate estimate for information. The actual tax varies with deductions, exemptions, the minimum-wage exemption and the current tariff. Consult your accountant for an exact result.

Which expenses are deductible?

Depending on the income type, documented actual expenses or the lump-sum method may apply. In this tool you can enter the total expense in the 'deductible expenses' field; we recommend consulting your accountant for the right method.

What is the difference between capital gain and rental income?

Rental income is the rent received regularly from a property. A capital gain arises from selling a property for the profit between purchase and sale prices. Both are subject to income tax but under different rules; for a sale gain, use our Capital Gains Tax tool.

Which year's tariff is applied?

The tariff for the tax year you select in the calculator is applied. If no tariff is defined for that year, the latest year's assumption is used and this is indicated in the result.