Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₪ 163,008
Income Tax
- ₪ 20,248
National Insurance
- ₪ 6,396
Health Insurance
- ₪ 6,707
Total tax
- ₪ 33,351
Net pay
* ₪ 129,657
Marginal tax rate
29.6%
Average tax rate
20.5%
79.5%
Net pay
20.5%
Total tax
Total tax
Net pay
The Taxberg
₪ 129,657
Net pay
₪ 9,312
Tax the employer pays
₪ 33,351
Tax you pay
Total tax paid
₪ 42,663
Did you know your employer also pays tax on your salary? It costs the employer ₪ 9,312 to pay you ₪ 163,008. In other words, every time you spend ₪ 10 of your hard-earned money, ₪ 2.62 goes to the government.
Real tax rate
24.8%
So, with you and the employer both paying tax, what used to be a 20.5% tax rate now rises to 24.8%, meaning your real tax rate is actually 4.3% higher than what it seemed at first.
Summary
If you make ₪ 163,008 a year living in Israel, you will be taxed ₪ 33,351. That means that your net pay will be ₪ 129,657 per year, or ₪ 10,805 per month. Your average tax rate is 20.5% and your marginal tax rate is 29.6%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of ₪ 100 in your salary will be taxed ₪ 29.60, hence, your net pay will only increase by ₪ 70.40.
Bonus Example
A ₪ 1,000 bonus will generate an extra ₪ 704 of net incomes. A ₪ 5,000 bonus will generate an extra ₪ 3,520 of net incomes.
North America
Country 
Net pay
Average tax
Rank
USA
ILS 129514
20.6%
1
Canada
ILS 117056
28.2%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
ILS 147846
9.3%
1
Taiwan
ILS 142587
12.5%
2
Thailand
ILS 136081
16.5%
3
South Korea
ILS 132218
18.9%
4
Kazakhstan
ILS 131057
19.6%
5
Australia
ILS 130167
20.2%
6
New Zealand
ILS 127202
22.0%
7
Singapore
ILS 125310
23.1%
8
Indonesia
ILS 123958
24.0%
9
Pakistan
ILS 122676
24.7%
10
Japan
ILS 121705
25.3%
11
Malaysia
ILS 119492
26.7%
12
Philippines
ILS 117298
28.0%
13
Vietnam
ILS 112416
31.0%
14
China
ILS 107224
34.2%
15
India
ILS 101256
37.9%
16
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Africa
Country 
Net pay
Average tax
Rank
Angola
ILS 119237
26.9%
1
South Africa
ILS 118894
27.1%
2
Kenya
ILS 116002
28.8%
3
Mozambique
ILS 114232
29.9%
4
Ghana
ILS 111563
31.6%
5
Nigeria
ILS 111343
31.7%
6
Ivory Coast
ILS 108923
33.2%
7
Morocco
ILS 107238
34.2%
8
Cameroon
ILS 103860
36.3%
9
Uganda
ILS 103026
36.8%
10
Senegal
ILS 102086
37.4%
11
Zambia
ILS 101343
37.8%
12
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NOTE* Withholding is calculated based on the tables of Israel, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.