Total tax paid
₪ 21,560
Did you know your employer also pays tax on your salary? It costs the employer ₪ 4,848 to pay you ₪ 104,280. In other words, every time you spend ₪ 10 of your hard-earned money, ₪ 2.07 goes to the government.
Real tax rate
19.8%
So, with you and the employer both paying tax, what used to be a 16% tax rate now rises to 19.8%, meaning your real tax rate is actually 3.8% higher than what it seemed at first.