Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₪ 46,574
Income Tax
- ₪ 4,494
National Insurance
- ₪ 186
Health Insurance
- ₪ 1,444
Total tax
- ₪ 6,124
Net pay
* ₪ 40,450
Marginal tax rate
13.2%
Average tax rate
13.1%
86.9%
Net pay
13.1%
Total tax
Total tax
Net pay
The Taxberg
₪ 40,450
Net pay
₪ 1,653
Tax the employer pays
₪ 6,124
Tax you pay
Total tax paid
₪ 7,778
Did you know your employer also pays tax on your salary? It costs the employer ₪ 1,653 to pay you ₪ 46,574. 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 13.1% tax rate now rises to 16.1%, meaning your real tax rate is actually 3% higher than what it seemed at first.
Summary
If you make ₪ 46,574 a year living in Israel, you will be taxed ₪ 6,124. That means that your net pay will be ₪ 40,450 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 41896
10.1%
1
Canada
ILS 35472
23.8%
2
Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
ILS 42855
8.0%
1
Colombia
ILS 42189
9.4%
2
Ecuador
ILS 42116
9.6%
3
Guatemala
ILS 42108
9.6%
4
Costa Rica
ILS 41684
10.5%
5
Panama
ILS 41312
11.3%
6
Mexico
ILS 38582
17.2%
7
Chile
ILS 38300
17.8%
8
Uruguay
ILS 37213
20.1%
9
Brazil
ILS 36767
21.1%
10
Peru
ILS 36420
21.8%
11
Argentina
ILS 30247
35.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
ILS 41128
11.7%
1
Morocco
ILS 35734
23.3%
2
Mozambique
ILS 35597
23.6%
3
Ivory Coast
ILS 34708
25.5%
4
Angola
ILS 34527
25.9%
5
Kenya
ILS 34498
25.9%
6
Ghana
ILS 33993
27.0%
7
Cameroon
ILS 33182
28.8%
8
Nigeria
ILS 32145
31.0%
9
Uganda
ILS 31373
32.6%
10
Senegal
ILS 31223
33.0%
11
Zambia
ILS 29736
36.2%
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.