Owners of all motor vehicles such as cars, motorcycles, trucks and trucks pay Motor Vehicle Tax (MTV) regularly every year. Today, the expected increase in Motor Vehicles Tax (MTV) in 2023 has emerged.
Motor Vehicles Tax (MTV) can be increased by 60-70 percent!
Tax Specialist Dr. According to the share made by Ozan Bingöl today, an increase of 60 to 70 percent is expected for Motor Vehicles Tax (MTV). Of course, if the President wishes, he can make changes within his authority, not exceeding 50% of the revaluation rate, but not less than 20%.
For example, if it is decided to make a raise of 100 percent, the President can change this rate to a minimum of 20 percent and a maximum of 150 percent. Because in the past years, it has been seen that the planned increase amount has increased by 20% and decreased below 50%.
Of course, this possible increase will cover 2023, not this year. When we look at the past years, we see the following table:
| Years | Budget | Realization | Rate of increase compared to the previous year | President rate applied by |
Revaluation rate |
|---|---|---|---|---|---|
| 2018 | 13,600,329,000 | 12,887,066,000 | |||
| 2019 | 16,089,488,000 | 14,568,603,000 | 13.05 percent | 15.90 percent | 23.73 percent |
| 2020 | 17,469,374,000 | 16,044,429,000 | 10.13 percent | 12 percent | 22.58 percent |
| 2021 | 18,593,993,000 | 18,879,195,000 | 17.67 percent | 9.11 percent | 9.11 percent |
| 2022 | 24.628.121.000 | 23,614,148,000 | 25.08 percent | 25 percent | 36.20 percent |
| 2023 (prediction) |
38,787,287,000 | 38,787,287,000 | 64.25 percent | 60-70 percent | 121.08 percent |
In case the estimation in the above table is approved by the President without any changes, the Motor Vehicles Tax (MTV) will be increased by 64.25 percent as of 2023. However, as we mentioned, no data announced by official institutions has yet been shared.
News is updating…
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