Finally, the net and gross figures of 2020 minimum wage determined after the meetings held in December are wondered. Those who live and get along with the minimum wage can see the minimum wage amount including the 2020 AGI in our article and find out how it is calculated. So how much was the minimum wage including the AGI? Here is the minimum amount of 2020 wage…
HOW LONG IS THE MINIMUM FEE NETWORK INCLUDED?
The minimum wage was set at $ 2,324 for a single worker in 2020, including the Minimum Living Allowance (AGI). The minimum wage for a married and three-child worker was 2,999 lira 21 cents, including the AGI.
HOW IS AGI CALCULATION DONE?
Annual gross amount of the minimum wage valid at the beginning of the calendar year when the wage is obtained;
– 50% for the worker himself
– 10% for spouse who does not work and has no income
– 7.5% per child for the first and second child
– 10% for the third child
5% discount is applied for the fourth and more children. It creates the applied tax base and is traded at a rate of 15% as it comes to the first segment of the income tax. The discounted income multiplied by 15% is divided by 12 to find the AGI paid every month.
HOW LONG IS 2020 AGI?
– Single 220.68 TL
– Married, unemployed 264.82 TL
Married, unemployed, with 1 child 297.92 TL
– Married, unemployed, with 2 children 331.03 TL
– Married, unemployed, with 3 children 375.17 TL
Married, spouse 220.68 TL
Married, spouse, 1 child 253.79 TL
– Married, spouse working, with 2 children 286.89 TL
– Married, spouse, 3 children 331.03 TL
– Married, spouse working, with 4 children 353.09 TL
– Married, spouse, 5 children, 375.17 TL
