The second installment payments of the Motor Vehicle Tax (MTV) for 2024 started on July 1. Motor Vehicle Tax is a type of tax paid in two installments each year. The first installment is paid in January, and the second installment is paid in July. The annual tax amount is collected from vehicle owners in two equal installments.
Payment Due Date:July 31st
The deadline for the second installment payment of Motor Vehicle Tax for this year is July 31. Vehicle owners must make their payments by this date. Otherwise, if the specified period is exceeded, late payment interest will be applied.
How to Make MTV Second Installment Payment?
- Tax Administration:You can go to the nearest tax office and pay directly by cash or credit card.
- Online Payment:You can make online payments through the official website of the Revenue Administration (GİB).
- Banks:You can make your MTV payment at branches of contracted banks, via internet banking or mobile applications.
- ATMs:MVT payments can also be made through ATMs of contracted banks.
- PTT Branches:PTT branches across Türkiye also accept MTV payments.
Missed MTV Payment Deadline
If the payment deadline, which ends on July 31, 2024, is missed, vehicle owners may face late payment interest and penalties. Making payments on time is very important to avoid additional costs.
2024 MTV Amounts and Calculation
Motor vehicle tax varies depending on factors such as the age of the vehicle, engine cylinder capacity and the year the vehicle was registered. The MTV amounts determined for 2024 are published on the Revenue Administration’s website, and vehicle owners can calculate their MTV amounts through this platform.
Areas of Use of MTV
The collected motor vehicle tax is used to finance various public services of the state. These taxes are spent on areas such as road construction and maintenance work, traffic regulations, and public safety.
Last Day Reminder
The last day for the second installment payment of MTV, July 31, is the last opportunity for vehicle owners with tax debts to fulfill their obligations. It is important not to leave payments until the last day in order to prevent any delays in transactions due to possible technical problems and congestion. Vehicle owners can complete this process without any problems by making their payments at a convenient time without waiting for the last day.
As a result, the second installment payments of the 2024 motor vehicle tax will end on July 31, 2024. Taxpayers must fulfill their obligations by making the necessary payments until this date in order to avoid being penalized.
