SETCARD GIFT CARD

The Setcard Gift Card allows you to create a strong bridge on the “Employee-Company” axis, increasing devotion and motivation. In addition to the premium cost advantage that it provides companies, because it can be used in a lot of other points, it provides freedom of choice to the users.

In order to gain more information regarding the Setcard Gift Card and to make use of special advantages please click here.

THE ADVANTAGES THAT SETCARD OFFERS

Provides incentive for premiums, rewards, flexible side-rights and uses for the purpose of help and up to 39% tax advantage.
Only retention tax is paid for all in-kind help that is made via the Setcard Gift Card. The company is exempt from SSI and stamp tax.
This membership, which is continued with one invoice, not only saves time regarding budget and expenditure control, but it also provides administrative ease.
Provides the opportunity to motivate employees to the highest level.
Due to the prestige it provides the company, it allows for the brand perception to strengthen.
It can be used to increase loyalty as it plays an important role in customer relations.
By strengthening ties with business partners, it provides a chance to manage sales channels in a more effective manner.

Provides the opportunity to be used in thousands of points of use.
It provides the chance to make use of advantageous prices and seasonal campaign discounts whilst spending on plenty of brands, which have agreements with Setcard.
Balance information can be checked via the online web portal, which provides 24/7 secure operational ease.

Tax Advantages

Simplicity of Invoices

Operational Ease

Online System

In case of the gift card being given to personnel in the nature of a bonus or social help:

There is no top limit, it is only expected that the fee paid to the personnel is measured in ratio with the volume of the company. Since it is in-kind help, it is exempt from insurance premium but in case of being counted as part of the payroll, income tax must be paid according to the number 1 bend of the 94. (1) Article of GVK including VAT. With this, if it is being counted within the payroll and paid as a fee, then stamp tax must be according to the IV/1-b clause of table 1 attached to the Law. Since the rewards are given to personnel as a gift card, and not cash, there is a 38,47% ratio advantage (due to being exempt from Insurance premium).

In case of the Gift Card being given to the sales personnel in order to increase sales:

In case of gift cards that are given to employees responsible of sales in order to reach sales goals are being counted as part of the payroll, income tax must be paid according to the number 1 bend of the 94. (1) Article of GVK including VAT. The first clause (1) of the 40. Article of the Law must be taken into account. With this, if it is being counted within the payroll and paid as a fee, then stamp tax must be according to the IV/1-b clause of table 1 attached to the Law. The invoices that are collected show that there is a general income and expense in order to gain and maintain business income according to the bend of the 94. Article of the GVK. Since it is in-kind help, it is exempt from insurance premium. Since the rewards are given to personnel as a gift card, and not cash, there is a 47,10% ratio advantage (due to being exempt from Insurance premium).

CALCULATE ADVANTAGES

YOU CAN CALCULATE THE ADVANTAGES YOUR COMPANY WILL GAIN AFTER 1 MONTH OF USE OF SETCARD FROM THE TABLE BELOW

PLEASE ENTER YOUR INFORMATION

DETAIL

	SETCARD		CASH PAYMENTS
	Tax and Premium Free for 1 personnel in which the Monthly Cost is up to 36.72 TL daily.	Tax and Premium Free for all personnel in which the Monthly Cost is up to 36.72 TL daily.	1 Personnel	All Personnel
NET PAYMENT	555.50 TL	55,550.00 TL	555.50 TL	55,550.00 TL
BEFORE-TAX	555.50 TL	55,555.50 TL	798.02 TL	79,802.14 TL
INSURANCE EXEMPTION	ALL	ALL	-157.52 TL	-15,752.00 TL
VAT	-5.50 TL	-550.00 TL	0.00 TL	0.00 TL
INCOME TAX	0.00 TL	0.00 TL	140.39 TL	14,038.92 TL
SSI EMPLOYEE PREMIUM	0.00 TL	0.00 TL	96.08 TL	9,607.52 TL
SSI EMPLOYER PREMIUM	0.00 TL	0.00 TL	144.11 TL	14,411.28 TL
STAMP TAX	0.00 TL	0.00 TL	6.06 TL	605.70 TL
MONTHLY COST	550.00 TL	55,000.00 TL	942.13 TL	94,213.43 TL

APPLICATION FORM

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