Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₪ 46,570
Income Tax
- ₪ 4,494
National Insurance
- ₪ 186
Health Insurance
- ₪ 1,444
Total tax
- ₪ 6,124
Net pay
* ₪ 40,446
Marginal tax rate
13.1%
Average tax rate
13.2%
86.8%
Net pay
13.2%
Total tax
Total tax
Net pay
The Taxberg
₪ 40,446
Net pay
₪ 1,653
Tax the employer pays
₪ 6,124
Tax you pay
Total tax paid
₪ 7,777
Did you know your employer also pays tax on your salary? It costs the employer ₪ 1,653 to pay you ₪ 46,570. In other words, every time you spend ₪ 10 of your hard-earned money, ₪ 1.67 goes to the government.
Real tax rate
16.1%
So, with you and the employer both paying tax, what used to be a 13.2% tax rate now rises to 16.1%, meaning your real tax rate is actually 2.9% higher than what it seemed at first.
Summary
If you make ₪ 46,570 a year living in Israel, you will be taxed ₪ 6,124. That means that your net pay will be ₪ 40,446 per year, or ₪ 3,371 per month. Your average tax rate is 13.2% and your marginal tax rate is 13.2%. 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 ₪ 13.15, hence, your net pay will only increase by ₪ 86.85.
Bonus Example
A ₪ 1,000 bonus will generate an extra ₪ 869 of net incomes. A ₪ 5,000 bonus will generate an extra ₪ 4,343 of net incomes.
North America
Country 
Net pay
Average tax
Rank
USA
ILS 41892
10.0%
1
Canada
ILS 35469
23.8%
2
Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
ILS 42852
8.0%
1
Colombia
ILS 42186
9.4%
2
Ecuador
ILS 42113
9.6%
3
Guatemala
ILS 42105
9.6%
4
Costa Rica
ILS 41680
10.5%
5
Panama
ILS 41309
11.3%
6
Mexico
ILS 38579
17.2%
7
Chile
ILS 38297
17.8%
8
Uruguay
ILS 37209
20.1%
9
Brazil
ILS 36765
21.1%
10
Peru
ILS 36417
21.8%
11
Argentina
ILS 30244
35.1%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
ILS 44241
5.0%
1
Qatar
ILS 44242
5.0%
2
Bahrain
ILS 42844
8.0%
3
Oman
ILS 42844
8.0%
4
Saudi Arabia
ILS 41913
10.0%
5
Kuwait
ILS 41447
11.0%
6
Israel
ILS 40446
13.2%
7
Egypt
ILS 35962
22.8%
8
Lebanon
ILS 35636
23.5%
9
Turkey
ILS 26276
43.6%
10
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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.