06.11.2025 13:46
With a revaluation rate of 25.49%, the increases in taxes and fees for 2026 have also been determined. Starting from January, traffic fines, passport fees, identity card fees, driver's license fees, exit fees for traveling abroad, IMEI registration fees, and motor vehicle tax (MTV) prices are expected to rise by this rate. During a presentation in the committee, the Minister of Treasury and Finance, Mehmet Şimşek, stated, "It is also on our agenda to consider updating taxes and fees at a lower rate, taking into account inflation targets and budgetary constraints."
The inflation figures that will determine the salary, pension, and rent increases have been announced. According to the data released by TÜİK, inflation increased by 2.55% in October, while the annual rate reached 32.87%.
THE REVALUATION RATE HAS BEEN SET AT 25.49%
With the figures announced by TÜİK, the Revaluation Rate has also been determined. Accordingly, the revaluation rate to be applied for taxes, fees, and fines has been set at 25.49%.
ATTENTION-GRABBING STATEMENT FROM TREASURY AND FINANCE MINISTER ŞİMŞEK
Following the determination of the revaluation rate, while an increase at this rate is expected for traffic fines, passport, identity, driver's license, exit fees for abroad, IMEI registration fees, and motor vehicle tax prices, a signal of a reduction came from Treasury and Finance Minister Mehmet Şimşek, who presented at the TBMM Planning and Budget Commission.
"LOWER RATE OF UPDATE IS ON OUR AGENDA"
Minister Şimşek stated, "The update of taxes and fees being carried out at a lower rate, taking into account inflation targets instead of the revaluation rate, is also on our agenda," he said.
"OUR RISK PREMIUM HAS FALLEN BELOW 250 BASIS POINTS"
During the discussions of the 2026 budget of the Treasury and Finance Ministry, the highlights from Minister Şimşek's statements are as follows: "With the strengthening of our financial stability, the risk perception towards our country is also improving. Our risk premium, which rose to 700 basis points before the program, has fallen below 250 basis points."
"WE TARGET A BUDGET DEFICIT OF 3.5%"
The update of taxes and fees being carried out at a lower rate, taking into account inflation targets instead of the revaluation rate, is also on our agenda. We are targeting a budget deficit of 3.5% in 2026. We anticipate a 0.7-point increase in expenditures excluding interest compared to 2025.
We are closely monitoring 257 public administrations with the 'Savings Measures Information System'. So far, we have conducted audits in 1,958 spending units and shared the audit reports with the Presidency and relevant administrations.