Total tax paid
₪ 23,349
Did you know your employer also pays tax on your salary? It costs the employer ₪ 5,274 to pay you ₪ 109,884. In other words, every time you spend ₪ 10 of your hard-earned money, ₪ 2.12 goes to the government.
Real tax rate
20.3%
So, with you and the employer both paying tax, what used to be a 16.4% tax rate now rises to 20.3%, meaning your real tax rate is actually 3.9% higher than what it seemed at first.