Calculate the cover's deductions and the net payment
Enter this period's work and price adjustment to see the VAT, the accrued amount, every deduction from a) to k) and the amount paid to the contractor, in the order of the Hakediş Raporu cover. No sign-up.
Progress payment cover
Enter amounts without VAT and for this progress payment only. The rows are worked out in the cover's official order and under its official names.
Enter this period's work or try the sample data.
How the cover is worked out
The tool builds the Hakediş Raporu cover from this period's amount. Each row follows its own legislation, and the rows are printed in the cover's order: a, b, c, d, e, f, h, ı, g, i, j and k when there is one.
E = this period's work + this period's price adjustment
F = E × VAT rate
G = E + F
H = a + b + c + d + e + f + h + ı + g + i + j + k
Paid = G − H
Each row is rounded half up to the kuruş. The VAT withholding applies to F rounded to the kuruş. The 3% row's index ratio is rounded to eight places, and its amount is rounded once, at the end.
Rules applied
- Order and labels
- The rows are printed in the official cover's order and under its names; g comes after ı. A row with no amount keeps its name and an empty amount. Rated labels show the rate in force in the payment month.
- a) Withholding tax
- Taken only on construction and repair works that spread over more than one calendar year, from E with the price adjustment in it (Income Tax Law art. 42 and 94). Where tax was withheld when the advance was paid, some administrations take the advance recovered in this payment off the base; the tool leaves that to you. The base never goes below zero.
- b) Stamp duty
- 9.48 per mille of E; the advance recovery is not taken off the base. One paper cannot carry more than the cap; the calculator knows the cap from 2026. An exempt contract's row reads "Muaf".
- c) VAT withholding
- On works, the buyer withholds 4/10 of the VAT. Municipalities are not designated buyers, and nothing is withheld when the amount with VAT does not pass the invoice limit. The rules are those of the VAT withholding tool.
- ı) Price adjustment guarantee
- 6% of the price adjustment paid in this payment is held as an additional performance guarantee. The base is the price adjustment only, not E. Nothing is held on a negative adjustment, or when the guarantee was given as a letter (Law No. 4735 art. 12).
- g) Advance recovery
- The recovery rate is the advance rate plus half again (13.9.1). It applies to this period's work at contract prices, without the price adjustment (13.9.2), and never takes more than the remaining balance. The last provisional payment takes the whole remaining balance (13.9.4).
- i) and j) Defect deductions
- 3% is held from the lump-sum part against provisional acceptance defects and 5% from the unit-price part against the final accounts. Where the contract pays price adjustment the 3% is updated by Domestic PPI from the contract month to the payment month, with no floor. The 5% is not updated. The paragraph number turns on the contract type: 30.1 (3%) for lump-sum, 30.2 (5%) for unit-price, and in a mixed contract 30.1 is the 5% and 30.2 the 3%.
- d, e, f, h and k
- The SGK debt, the interest on deduction minutes, the delay penalty, the technical staff penalty and other deductions come from the administration's documents, so you enter them. The 13.11 update difference and advance interest go into row k.
- A negative net payment
- If the advance balance on the last provisional payment exceeds the payment, the amount paid comes out negative. The tool shows it: the contractor pays the difference in cash within thirty days, or the advance guarantee is cashed (13.9.4).
What this tool does not calculate
It builds the cover from this period's amount, not from cumulative amounts, and leaves out the ihzarat and minimum wage difference rows. It does not work out the 13.11 advance balance update or advance interest; enter them in row k. A late or partial advance (13.4), the SGK debt check, the delay penalty itself and the refund of defect deductions are not covered.
Legal basis: Income Tax Law art. 42 and 94; Corporate Tax Law art. 15; Stamp Duty Law No. 488, table (1) and article 14; VAT General Application Communiqué I/C-2.1.3; Public Procurement Contracts Law No. 4735 art. 12; Standard Contract for Works art. 13 and 30. For information only.
About progress payment deductions
- Price IndicesDomestic PPI sub-indices and CPI, monthly tables since 2012.
- Price Adjustment CalculatorPrice adjustment with the official formula, from Domestic PPI and CPI.
- Quantity Takeoff CalculatorRebar, concrete, formwork and excavation takeoffs: a measurement sheet with deductions, exact totals and a copy for Excel.
- Index Change CalculatorHow Domestic PPI and CPI moved since your tender month, with the In/Io ratio.
- Work Experience Update CalculatorWhat a work experience certificate counts for in the tender you enter, with the right Domestic PPI months for its kind.
- Stamp Duty CalculatorThe 9.48 per mille stamp duty on a progress payment, with the yearly cap.
- VAT Withholding CalculatorThe VAT withheld on a progress payment, at the communiqué's rate for the work type.
- Withholding Tax CalculatorWithholding tax on a multi-year construction payment, at the rate for the work type and payment month.
- Performance Bond CalculatorThe performance bond on a bid, with the below-limit 9% rule and additional bonds.
- Minimum Labour CalculatorThe minimum labour to declare for the SGK clearance, the shortfall and its estimated premium.
- Advance Payment CalculatorThe advance, its 30% or one-third cap, the recovery rate and what comes off each progress payment.
- Work Increase CalculatorThe work increase room left under the 20% (unit price) or 10% (lump sum) limit.
- Completion Compensation Calculator5% of the shortfall when work ends below 80%, updated to the acceptance month by Domestic PPI.
- Delay Penalty CalculatorThe delay penalty from the first contract price, daily rate and days late, with the 15% cap.
- Work Duration CalculatorCompletion date from the site handover, days late, final acceptance and payment deadlines.
- Fuel PricesEPDK monthly averages by fuel type, for the fuel coefficient of a price adjustment.
Stop rebuilding the cover every month
Kesinfiyat works out the deductions in every progress payment, tracks the advance balance and prints the Hakediş Raporu cover in its official layout.