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Definition of Minimum Living Allowance

How To Calculate Minimum Living Allowance

To calculate the tax assessment:

%50 for the employee

%10 for the non-employed spouse

% 7,5 each for the oldest two dependent children and %5 for each dependent child in excess of two.

Minimum Living Allowance is calculated according to above rates and multiplied by gross annual salary.

The Minimum Living Allowance assessment is than multiplied by the first tax bracket rate to calculate Minimum Living Allowance rate.

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Net to Gross