Drivers, pay attention! Traffic fines are set to increase by 45%.

The Revaluation Rate for the year 2024 is expected to be around 45 percent. This rate will also lead to an increase in traffic fines. For the year 2024, the lowest fine for speeding violations has been set at 1,507 TL. However, it is expected that this fine will rise to 2,185 TL in 2025.

PRICE INCREASES EXPERIENCED OVER A YEAR ARE TAKEN INTO ACCOUNT

The Revaluation Rate (RR) is a rate determined by taking into account the price increases experienced over a year, and it is used to increase financial obligations such as taxes, fees, and fines. This rate ensures that taxes, fees, and fines are automatically updated according to a certain inflation rate.

FINANCIAL OBLIGATIONS ARE ALSO INCREASING

The RR affects not only traffic fines but also other financial obligations. Thanks to this rate, taxes and fees are updated every year according to the inflation rate. Especially the inflationary pressures in the economy and price increases are reflected in financial obligations through this rate, regularly increasing the government's revenues.