Income tax calculator Israel
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₪ 85,987
Income Tax
- ₪ 8,439
National Insurance
- ₪ 1,005
Health Insurance
- ₪ 2,856
Total tax
- ₪ 12,300
Net pay
*
₪ 73,687
Marginal tax rate
23.1%
Average tax rate
14.3%
85.7%
Net pay
14.3%
Total tax
Total tax
Net pay
The Taxberg
₪ 73,687
Net pay
₪ 3,458
Tax the employer pays
₪ 12,300
Tax you pay
Total tax paid
₪ 15,758
Did you know your employer also pays tax on your salary? It costs the employer ₪ 3,458 to pay you ₪ 85,987. In other words, every time you spend ₪ 10 of your hard-earned money, ₪ 1.83 goes to the government.
Real tax rate
17.6%
So, with you and the employer both paying tax, what used to be a 14.3% tax rate now rises to 17.6%, meaning your real tax rate is actually 3.3% higher than what it seemed at first.
Summary
If you make ₪ 85,987 a year living in Israel, you will be taxed ₪ 12,300. That means that your net pay will be ₪ 73,687 per year, or ₪ 6,141 per month. Your average tax rate is 14.3% and your marginal tax rate is 23.1%. 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 ₪ 23.07, hence, your net pay will only increase by ₪ 76.93.
Bonus Example
A ₪ 1,000 bonus will generate an extra ₪ 769 of net incomes. A ₪ 5,000 bonus will generate an extra ₪ 3,847 of net incomes.
Compare average tax
North America
Country
Net pay
Average tax
Rank
USA
ILS 72415
15.8%
1
Canada
ILS 63883
25.7%
2
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.