Last day for the additional payment of the second MTV installment! What happens if MTV is not paid, how much is the late payment interest?

In the announcement made on the website of the Revenue Administration (GİB), it was reminded that the payment period for the second installment of the additional MTV will end tomorrow.

Additional regulation of MTV was made due to the need for funding arising from the earthquakes centered on Kahramanmaraş. Although MTV Supplementary’s first installment payment period ended on September 6, revenue of approximately 13.2 billion lire was generated during this period and 87 percent of the planned collection was met.

WHEN IS THE DEADLINE FOR ADDITIONAL PAYMENT OF THE SECOND MTV FEE?

The Revenue Administration announced that the deadline for payment of the first installment of the Additional Motor Vehicle Tax (MTV) is November 30.

WHAT HAPPENS IF MTV IS NOT PAID, HOW MUCH IS THE PAYMENT INTEREST?

Within the framework of the agreement, the payment period for the second installment will end on November 30. If the additional MTV is not paid on time, vehicle owners will pay a monthly late payment interest of 3.5 percent.

For the sale and transfer of vehicles, additional MTV and MTV must be paid. If the additional MTV is not paid, vehicle inspections will not be carried out, nor will registration closures be carried out due to withdrawal from traffic, scrapping and departure abroad.

HOW TO MAKE THE MTV PAYMENT?

Payments can be made through the website “gib.gov.tr” of the Revenue Administration, the Interactive Tax Office and the mobile application of the Revenue Administration, from bank accounts with credit or debit cards of contracted banks , from branches, via mobile, telephone and Internet banking. Additionally, payments can be made at tax office tellers and PTT branches.

HOW MUCH WILL MTV BE PAID FOR WHICH VEHICLE?

At the beginning of the year, MTV calculated a revaluation rate of 61.5 percent instead of 122.9 percent after President Tayyip Erdoğan exercised his authority.

However, MTV, which is determined at the beginning of the year, is paid in two installments, January and July.

*In 2022, the annual MTV payment for a 1-3 year old car with a cylinder volume less than 1,300 was 1,313 TL and increased to 2,120 TL from 2023. In other words, a citizen paying 1,060 TL MTV in January will pay 1060 TL more in July.

The additional MTV will be paid in two installments, for a total of 2,120 TL.

The first of these installments will be made at the end of August; The second installment is requested to be paid at the end of November. Therefore, MTV’s total payout raised for 2023 will be increased by 100 percent as a “one-time” increase, as noted.

MTV PAYMENT AMOUNT

The MTV payments that other vehicle owners must make are as follows:

For vehicles with a cylinder capacity of less than 1,300 cylinders:

* 739.5 TL for vehicles 4 to 6 years old with a base of up to 114 thousand TL. (His annual payment was 1479 TL).

* 1,165 TL for vehicles from 1 to 3 years old with a tax base between 114 thousand and 199 thousand 700 TL. (The annual payment is 2 thousand 330 TL).

* 813 TL for vehicles 4 to 6 years old with a tax base between 114 thousand and 199 thousand 700 TL. (The annual payment is 1,626 TL).

* 1272.5 TL for vehicles from 1 to 3 years old with a base of 199 thousand 700 TL and more. (The annual payment is 2 thousand 545 TL).

FROM 1384 TL FOR MOTOR VEHICLES 1301-1600

For vehicles with 1301-1600 engine:

* 1846.5 TL for vehicles from 1 to 3 years old with a base of up to 114 thousand TL. (The annual payment is 3 thousand 693 TL).

* 1384.5 TL for vehicles 4 to 6 years old with a base of up to 114 thousand TL. (The annual payment is 2 thousand 769 TL)

For 1301-1600 cc vehicles:

* 2 thousand 33 TL for vehicles from 1 to 3 years old with a tax base between 114 thousand and 199 thousand 700 TL. (The annual payment is 4 thousand 66 TL).

* 1524.5 TL for vehicles from 4 to 6 years old with a base between 114 thousand and 199 thousand 700 TL. (The annual payment is 3 thousand 49 TL)

* 2 thousand 217 TL for vehicles from 1 to 3 years old with a base of 199 thousand 700 TL and more. (The annual payment is 4,434 TL).

* 1662.5 TL for vehicles 4 to 6 years old with a base of 199 thousand 700 TL and above (annual payment is 3 thousand 325 TL).

1601-1800 CC VEHICLES SAVED 4 THOUSAND TL

For 1601-1800 cc vehicles:

* 3 thousand 589 TL for vehicles from 1 to 3 years old whose base does not exceed 285 thousand 800 TL. (The annual payment is 7,178 TL), 2,806.5 TL for vehicles 4 to 6 years old. (The annual payment is 5 thousand 613 TL).

* 3 thousand 917 TL (annual payment 7 thousand 834 TL) for vehicles from 1 to 3 years old with a base greater than 285 thousand 800 TL, 3 thousand 60 TL (annual payment 6 thousand 120 TL) for vehicles from 4 to 6 years old.

SITUATION IN VEHICLES 1801-200 CC

For 1801-2000 cc vehicles:

* 4 thousand 524 TL for vehicles from 1 to 3 years old with a tax base of 285 thousand 800 TL; 3 thousand 484 TL for vehicles between 4 and 6 years old.

* 5 thousand 655.5 TL for vehicles from 1 to 3 years old with a base of 285 thousand 800 TL and more; 4 thousand 752.5 TL for vehicles 4 to 6 years old.

9 THOUSAND 256 TL FOR VEHICLES 2001-2500 CC

For vehicles from 2001 to 2500 cc:

* 8 thousand 483.5 TL for vehicles from 1 to 3 years old with a base of 356 thousand 900 TL; 6 thousand 159.5 TL for vehicles 4 to 6 years old.

* 9 thousand 256 TL for vehicles from 1 to 3 years old with a base of 356 thousand 900 TL and more; For vehicles 4 to 6 years old, it is 6,718 TL.

EXCEEDED 50 THOUSAND TL FOR VEHICLES 4001 CC AND HIGHER

For vehicles of 4001 cc and above:

* 46 thousand 362.5 TL for vehicles from 1 to 3 years old whose tax base does not exceed 1 million 357 thousand 700 lira.

* 50 thousand 576.5 TL for vehicles from 1 to 3 years old with a tax base greater than 1 million 357 thousand 700 lira.