15.03.2025 10:01
An important change has been implemented regarding the Value Added Tax (VAT) refund threshold for taxpayers. According to the decision published in the Official Gazette and now in effect, the minimum amount that can be requested for a refund in transactions that give rise to the right to a refund has been increased from 2,000 TL to 10,000 TL.
A new application has been launched to facilitate tax refund processes. According to the decision published in the Official Gazette with the signature of President Recep Tayyip Erdoğan, the VAT refund limit for taxpayers has been increased.
Regulations have been made regarding Value Added Tax (VAT) in Turkey. A decision was made to implement the attached decision regarding the amendment of the decision numbered 6775 dated 27/1/2023, in accordance with Article 36 of the Value Added Tax Law No. 3065.
THE MINIMUM AMOUNT OF 2,000 LIRA HAS BECOME 10,000 LIRA
According to the regulation announced in the Official Gazette, with the "Presidential Decision No. 6775", the minimum amount that can be requested for refund in transactions that give rise to the right to refund has been increased from 2,000 TL to 10,000 TL. According to the Value Added Tax (VAT) Law, the minimum amount that can be requested for refund by taxpayers in VAT refunds arising from transactions that give rise to the right to refund has been determined as 10,000 TL. Accordingly, for transactions that give rise to the right to refund, a refund can be requested for the portion of the VAT amount that cannot be deducted, which is 10,000 TL and above, while amounts below 10,000 TL that cannot be requested for refund will remain in the deduction accounts.