| TAX CIRCULAR: 2026-101 | DATE: 31.07.2026 |
With the General Letter published by the Social Security Institution (SGK) on 31.07.2026, a significant flexibility has been provided regarding the deferment (postponement and installment) mechanism regulated in Article 48 of Law No. 6183. This new application, which is in parallel with the regulations of the Ministry of Treasury and Finance, aims to enable businesses in difficult financial situations to pay their SGK debts.
The prominent issues regarding the new regulation are as follows:
Ratio Upper Limit Exception (Until August 31, 2026)
The 1.00 upper limit on the liquidity ratio used in determining the “very difficult situation” has been temporarily lifted. In the previous practice, those with a liquidity ratio over 1 could not benefit from the deferment process; however, with the new regulation, these businesses will be able to restructure their debts up to 36 months provided they apply by 31.08.2026.
No Documents Required for Requests Up to 36 Months
In deferment applications to be made until August 31, 2026;
- A “Very Difficult Situation Report” and “Financial Status Notification Form” WILL NOT BE REQUIRED from those requesting payment in 36 months or less.
- These documents will continue to be requested from those seeking payment in more than 36 months (up to a maximum of 72 months).
Which SGK Debts Can Be Deferred?
Businesses’ debts to SGK such as insurance premiums, administrative fines, social security support premiums, unemployment insurance premiums, education contribution shares, special transaction taxes, and stamp taxes can be deferred up to a maximum of 72 months within this scope.
How is the Liquidity Ratio Calculated?
The installment maturity is determined according to the debtor’s liquidity ratio. The formulas are as follows:
- On Balance Sheet Basis: (Current Assets – Inventories) / Short-Term Liabilities
- On Operating Account Basis: (Cash + Bank + Short-Term Receivables) / Short-Term Debts
