Financial Advisory · Tax Advisory

Strategy comes before
the return.

A proactive approach aimed at optimising the tax burden within the legal framework — beyond simply filing returns on time. Planning before every filing period, verification at every return, rapid adaptation with every regulatory change.

8 Return Types
4 Provisional Tax Periods
3568 Law No.
FROM VISION TO VALUE
AKBAŞ ADVISORY

Professional Framework

TAX

Advisory and Return Management

Fully compliant return preparation under IIT, CIT and VAT legislation
Timely notification and risk-free compliance within the Tax Procedure Law framework
Integrated digital filing infrastructure via the GIB e-return system

Service Scope

Tax management is not merely filing returns. Behind every return lies accurate accounting records, timely corrections and forward-looking planning. A return filed incorrectly or late becomes a significant cost item together with penalties and late surcharges.

Akbaş regularly manages all VAT, withholding, corporate tax, income tax and provisional tax returns. Additionally, BA/BS notifications, stamp duty and special base applications are within scope.

Tax planning is addressed from a perspective spanning the entire year — not just the filing period. Maximising the benefit from available exemption and deduction mechanisms within the legal framework is the essence of proactive advisory.

VAT Return Withholding Corporate Tax Provisional Tax BA/BS Tax Planning

Service Areas

Eight return types, managed from one place.

The scope of tax return services is not limited to standard forms. The following components are actively managed every period.

VAT Return

Monthly VAT calculation, correct application of the input tax mechanism and tracking of VAT-refund-generating transactions.

Deadline

26th of the following month

Scope

VAT 1, VAT 2, VAT refund

Monthly obligation

Withholding and Premium Service Return

Combined return of income tax withholding on employee wages and SGK premium notification.

Deadline

26th of the following month

Scope

Wage, professional fees, rental withholding

Monthly obligation

Corporate Tax Return

Accurate declaration of tax calculated on annual corporate profit; adjustment of provisional tax offsets.

Deadline

Last day of 4th month after period close

Scope

Corporate tax and offset transactions

Annual

Provisional Tax Return

Advance declaration of annual tax in quarterly instalments; offsetting of provisional tax paid against the annual return.

Periods

May, August, November, February

Scope

Corporate and income tax taxpayers

Quarterly

BA/BS and Other Notifications

Monthly purchase and sales notifications, stamp duty return and other special base applications.

Deadline

5th of the following month (BA/BS)

Scope

BA/BS, stamp duty, special base

Monthly notification

Tax Planning and Advisory

Tax burden optimisation within the legal framework; proactive evaluation of exemption, relief and deduction mechanisms.

Scope

Intra-year and year-end planning

Output

Tax optimisation report

Proactive approach

Working Model

Planning before filing, assurance after filing.

The tax advisory service is not limited to completing returns. A proactive process is operated — from verifying accounting records to bringing regulatory changes onto the company's agenda.

01

Filing Calendar Planning

All of the company's return obligations are listed and entered into the annual calendar. An early-warning mechanism is established for provisional tax periods, annual returns and monthly obligations.

02

Verification of Accounting Data

Accounting records are reviewed before each filing period. Accounting data is verified for VAT input amounts, withholding calculations and base determination.

03

Return Preparation and Review

The return for the relevant period is prepared, reviewed and transmitted to the GIB system. Any amounts carried forward from a prior period and offset transactions are correctly transferred.

04

Risk Assessment and Optimisation

A tax risk assessment specific to the filing period is conducted. Planning is done to maximise the benefit from available exemption and deduction mechanisms within the legal framework.

05

Regulatory Monitoring and Proactive Briefing

Changes in tax legislation are closely monitored. Developments affecting the company's filing and payment obligations are communicated in advance; necessary adjustments are made without delay.

Practical Example

A tax year tracked by critical dates.

The calendar below summarises the annual return obligations of an average SME subject to Corporate Tax. Dates are based on legislation and may be updated by official circulars from year to year.

Monthly Fixed Obligations

5th Every month
BA/BS Notification Purchase and sales notifications for the previous month
26th Every month
VAT Return Value added tax return for the previous month
26th Every month
Withholding and Premium Service Return Combined return of withholding and SGK premium notification

Periodic Obligations

17 May 1st period
Provisional Tax Return Provisional tax for January–March period
17 Aug 2nd period
Provisional Tax Return Provisional tax for April–June period
17 Nov 3rd period
Provisional Tax Return Provisional tax for July–September period
17 Feb 4th period
Provisional Tax Return Provisional tax for October–December period
End of April Annual
Corporate Tax Return Annual corporate tax return for the previous year
End of April Annual
Income Tax Return Income tax for the previous year (sole traders)

FILING CALENDAR

Fixed dates, zero surprises.

5th of every month BA/BS Notification
26th of every month VAT Return
26th of every month Withholding and Premium
4 periods / year Provisional Tax

Corporate tax is declared by end of April; annual income tax by end of March.

Frequently Asked Questions

The most common questions
in tax advisory.

How does VAT refund work? Does it need to be tracked?

A VAT refund is the process of recovering from the tax authority VAT that cannot be eliminated through the input tax mechanism. Where exports, transactions within the full exemption scope or other refund-generating transactions exist, the refund claim requires a technical process. Careful management is needed for the preparation of document organisation, cross-examination and reports to be submitted to the tax office. Akbaş manages refund processes from document preparation through to conclusion.

Is tax planning legal? Where is the line?

Tax planning is a practice that remains within existing legislation, consciously using exemption and deduction mechanisms. It is not tax evasion — it is burden optimisation within the legal framework. For example, tools such as investment deductions, R&D deductions, depreciation management or period selection can reduce the tax burden without violating legislation. Akbaş uses only documented and legally grounded planning tools.

What is the penalty for a late return?

An irregularity penalty under VUK applies for returns not filed on time. In addition, late surcharges and special irregularity penalties may also arise. In some cases, aggravated penalties applicable within the scope of tax fraud may be triggered. For this reason, strict monitoring of the filing calendar is critical. Akbaş manages all return deadlines in advance, eliminating the risk of delay.

What is withholding tax and from which payments is it deducted?

Withholding tax is income tax that the paying party deducts at source when making certain payments and remits to the tax authority. Employee wages, rental payments, professional service payments (lawyers, advisors, engineers) and certain interest payments are subject to withholding. Different rates apply for each payment type. The withholding return is the name of the return on which these withholdings are collectively declared.

What is the relationship between provisional tax and annual tax?

Provisional tax is the advance collection of annual corporate or income tax in quarterly instalments. Provisional tax paid throughout the year is offset against the tax calculated on the annual return. Under-declaring provisional tax may result in additional tax and penalties; any overpayment is offset or refunded in subsequent periods. Akbaş manages provisional tax calculations consistently with accounting data.

tax management

Let us assess your tax burden together.

From the filing calendar to tax planning — we invite you to a meeting to make your company's tax management more efficient.

8 return types, one roof
Confidentiality is paramount
Proactive tax management
Request a Meeting
The initial consultation is a preliminary assessment.

Next Step

Move your tax management
from reactive to proactive.

From returns to tax planning — we invite you to a meeting to optimise your tax burden within the legal framework and eliminate risks before they arise.