Total tax paid
₪ 26,078
Did you know your employer also pays tax on your salary? It costs the employer ₪ 5,891 to pay you ₪ 117,997. In other words, every time you spend ₪ 10 of your hard-earned money, ₪ 2.21 goes to the government.
Real tax rate
21.1%
So, with you and the employer both paying tax, what used to be a 17.1% tax rate now rises to 21.1%, meaning your real tax rate is actually 4% higher than what it seemed at first.