Income tax calculator Israel

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₪ 55,987
Income Tax
- ₪ 5,403
National Insurance
- ₪ 224
Health Insurance
- ₪ 1,736
Total tax
- ₪ 7,362
Net pay
* ₪ 48,625
Marginal tax rate
13.1%
Average tax rate
13.1%
86.9%
Net pay
13.1%
Total tax
Total tax
Net pay
The Taxberg
₪ 48,625
Net pay
₪ 1,988
Tax the employer pays
₪ 7,362
Tax you pay
Total tax paid
₪ 9,350
Did you know your employer also pays tax on your salary? It costs the employer ₪ 1,988 to pay you ₪ 55,987. 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.
People also ask
₪ 55,987 yearly is how much per hour?
₪ 26.92 hourly is how much per year?
Summary
If you make ₪ 55,987 a year living in Israel, you will be taxed ₪ 7,362. That means that your net pay will be ₪ 48,625 per year, or ₪ 4,052 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.
Compare average tax
Tax per income
₪ 55,500
₪ 56,000
₪ 56,500
₪ 57,000
₪ 57,500
₪ 58,000
₪ 58,500
₪ 59,000
₪ 59,500
₪ 60,000
₪ 60,500
₪ 61,000
₪ 61,500
₪ 62,000
₪ 62,500
₪ 63,000
₪ 63,500
₪ 64,000
₪ 64,500
₪ 65,000
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
ILS 55987
0.0%
1
Ireland
ILS 55585
0.7%
2
Spain
ILS 52349
6.5%
3
Switzerland
ILS 52064
7.0%
4
France
ILS 49498
11.6%
5
Norway
ILS 49205
12.1%
6
Russia
ILS 48709
13.0%
7
Luxembourg
ILS 48421
13.5%
8
Austria
ILS 47588
15.0%
9
Italy
ILS 46942
16.2%
10
Czech Republic
ILS 46276
17.4%
11
Hungary
ILS 45629
18.5%
12
Ukraine
ILS 45070
19.5%
13
Germany
ILS 44960
19.7%
14
Greece
ILS 42685
23.8%
15
Sweden
ILS 42348
24.4%
16
Poland
ILS 40415
27.8%
17
Portugal
ILS 38634
31.0%
18
Finland
ILS 38121
31.9%
19
Belgium
ILS 37965
32.2%
20
Denmark
ILS 37440
33.1%
21
Netherlands
ILS 35232
37.1%
22
Romania
ILS 32752
41.5%
23
Show more
Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
ILS 50966
9.0%
1
Guatemala
ILS 50619
9.6%
2
Ecuador
ILS 50283
10.2%
3
Costa Rica
ILS 50108
10.5%
4
Colombia
ILS 50048
10.6%
5
Panama
ILS 48535
13.3%
6
Chile
ILS 45746
18.3%
7
Mexico
ILS 45723
18.3%
8
Uruguay
ILS 44153
21.1%
9
Peru
ILS 43503
22.3%
10
Brazil
ILS 42730
23.7%
11
Argentina
ILS 36365
35.1%
12
Show more
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.