Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₪ 2,000
Income Tax
- ₪ 479
National Insurance
- ₪ 118
Health Insurance
- ₪ 92.76
Total tax
- ₪ 690
Net pay
* ₪ 1,310
Marginal tax rate
45.4%
Average tax rate
34.5%
65.5%
Net pay
34.5%
Total tax
Total tax
Net pay
The Taxberg
₪ 1,310
Net pay
₪ 138
Tax the employer pays
₪ 690
Tax you pay
Total tax paid
₪ 828
Did you know your employer also pays tax on your salary? It costs the employer ₪ 138 to pay you ₪ 2,000. In other words, every time you spend ₪ 10 of your hard-earned money, ₪ 4.14 goes to the government.
Real tax rate
38.7%
So, with you and the employer both paying tax, what used to be a 34.5% tax rate now rises to 38.7%, meaning your real tax rate is actually 4.2% higher than what it seemed at first.
Summary
If you make ₪ 520,000 a year living in Israel, you will be taxed ₪ 179,386. That means that your net pay will be ₪ 340,614 per year, or ₪ 28,385 per month. Your average tax rate is 34.5% and your marginal tax rate is 45.4%. 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 ₪ 45.38, hence, your net pay will only increase by ₪ 54.62.
Bonus Example
A ₪ 1,000 bonus will generate an extra ₪ 546 of net incomes. A ₪ 5,000 bonus will generate an extra ₪ 2,731 of net incomes.
Compare average tax
North America
Country 
Net pay
Average tax
Rank
USA
ILS 357917
31.2%
1
Canada
ILS 325513
37.4%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
ILS 443895
14.6%
1
Kazakhstan
ILS 442523
14.9%
2
Singapore
ILS 427661
17.8%
3
Taiwan
ILS 403076
22.5%
4
Thailand
ILS 387943
25.4%
5
China
ILS 385762
25.8%
6
Indonesia
ILS 365442
29.7%
7
South Korea
ILS 359062
31.0%
8
New Zealand
ILS 357096
31.3%
9
Pakistan
ILS 354744
31.8%
10
Japan
ILS 351954
32.3%
11
Malaysia
ILS 349186
32.9%
12
Philippines
ILS 349009
32.9%
13
Australia
ILS 347593
33.2%
14
Vietnam
ILS 344147
33.8%
15
India
ILS 280992
46.0%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
ILS 463150
10.9%
1
Costa Rica
ILS 391489
24.7%
2
Chile
ILS 386391
25.7%
3
Uruguay
ILS 383251
26.3%
4
Colombia
ILS 381201
26.7%
5
Brazil
ILS 379102
27.1%
6
Panama
ILS 372010
28.5%
7
Puerto Rico
ILS 357357
31.3%
8
Mexico
ILS 354114
31.9%
9
Peru
ILS 348017
33.1%
10
Ecuador
ILS 347735
33.1%
11
Argentina
ILS 337974
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
ILS 378948
27.1%
1
Kenya
ILS 365896
29.6%
2
Nigeria
ILS 354169
31.9%
3
Ivory Coast
ILS 350349
32.6%
4
Ghana
ILS 347713
33.1%
5
Mozambique
ILS 346277
33.4%
6
Morocco
ILS 323571
37.8%
7
South Africa
ILS 323238
37.8%
8
Cameroon
ILS 321215
38.2%
9
Zambia
ILS 320893
38.3%
10
Senegal
ILS 316281
39.2%
11
Uganda
ILS 299371
42.4%
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.