The Ministry of Treasury and Finance will further expand its digital applications with regulations that will come into force in the new year.
According to the compilation made by the AA correspondent, taxpayers who have been obliged to participate in the electronic invoice application since 2012 and companies subject to independent audit within the scope of the relevant provisions of the Turkish Commercial Code have been required to participate in the e-Ledger application.
In this context, the books of approximately 720 thousand taxpayers are processed electronically.
All taxpayers who keep books on a balance sheet basis will be included in the e-Ledger application as of January 1, 2025. The books of the taxpayers in question will be kept electronically.
With the application that will come into force, approximately 1 million new taxpayers are expected to keep e-Ledgers. In this way, costs such as paper, printer and notary expenses can be saved.
Taxpayers who are not included in the e-Invoice and e-Archive Invoice system will be able to issue invoices exceeding 3 thousand lira, including taxes, electronically as of the new year, and all invoices without any amount limit as of January 1, 2026.
In the new year, it will be possible to verify the information of the parties electronically or through communication tools instead of wet signatures on the expense slip.
THE “PRINTED FEE STAMP” PERIOD FOR GOING ABROAD WILL END
A new era will also begin for international departure fee payments. Accordingly, as of January 1, 2025, the practice of paying the fee physically by purchasing a stamp will end.
Travel abroad fee stamps of 500 lira, valid until the end of this year, will be valid until January 10, 2025.
The fee for going abroad will continue to be paid through the Digital Tax Office and mobile applications of the Revenue Administration, as well as the internet banking and mobile banking applications of authorized banks.
The Ministry has also established a tax security institution to determine the actual revenues of those who are liable for commercial or freelance activities, which will come into force as of the new year. The daily revenue amounts of these taxpayers can be determined by making no less than 3 checks in a month and 12 times in a calendar year. The regulation will also apply to corporate taxpayers.
As a result of the polls, the amounts declared by the taxpayers will be compared based on the determined revenues. If the difference is more than 20 percent, taxpayers will be invited to explain. Risk analyzes will be conducted to determine the taxpayers to be audited.
In addition, starting from the new year, it is envisaged that tax withholding will be made on payments made to real persons regarding goods and services, taking into account the sectors and activity areas determined by the President. Thus, it is aimed to ensure tax security and reduce informality. The President is also given the authority to determine rates for payments subject to tax deduction, separately or jointly, according to their fields of activity, payment types, sectors, business groups and business types.
WAGE REGULATIONS FOR BOARD MEMBERS WILL ALSO BE IMPLEMENTED
Fee regulation regarding board memberships is also among the practices that will come into force in the new year. Those who serve as members of management, auditing, liquidation and advisory boards, commissions, delegations, committees and similar bodies of institutions and organizations of all statuses, whether private or public, can be paid a fee for only one of these duties, regardless of whether they are inside or outside the institution.
The net amount of payments that can be made in a month, under any name such as attendance fee, wage, bonus, etc. due to the duties carried out, cannot exceed the amount to be found by multiplying the 108 thousand indicator figure with the civil servant monthly coefficient. All partnerships whose capital is more than half owned by the public and those appointed to institutions and organizations with public shares and representation rights will also be within the scope of the application.
