- Turkey’s Revenue Administration updated the VAT1 return, effective October 1, 2025, as per Tax Circular No. 2025/99.
- Taxpayers must update their Declaration Preparation Program in the Digital Tax Office to submit VAT returns.
- The new version introduces a notification type column with two options (reporting with or without VAT calculation) and adds transaction type codes (1001–1011) with specific data entry rules.
- VAT rates are mostly set at 20% for most codes, with codes 1005 and 1011 allowing 1%, 10%, or 20%.
- The system now performs automatic VAT calculations, affecting key fields and aiming to improve accuracy and reduce manual errors.
Source: fiscal-requirements.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Turkey"
- Digital Tax Office Announcement on VAT Returns Implementation in Turkey
- Changes in “Special Tax Base Transactions” Table of VAT1 Declaration Effective October 2025
- Important Announcement on Changes to VAT Declaration (KDV1) Effective October 2025
- New Regulation on VAT Refund for Depreciable Economic Assets (ATİK) in Turkey
- Turkiye Removes US Tariffs, Introduces New Blanket Tariffs on Motor Cars Based on Engine Type
