Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₪ 360
Income Tax
- ₪ 108
National Insurance
- ₪ 15.75
Health Insurance
- ₪ 12.28
Total tax
- ₪ 136
Net pay
* ₪ 224
Marginal tax rate
45.4%
Average tax rate
37.8%
62.2%
Net pay
37.8%
Total tax
Total tax
Net pay
The Taxberg
₪ 224
Net pay
₪ 18.23
Tax the employer pays
₪ 136
Tax you pay
Total tax paid
₪ 154
Did you know your employer also pays tax on your salary? It costs the employer ₪ 18.23 to pay you ₪ 360. In other words, every time you spend ₪ 10 of your hard-earned money, ₪ 4.29 goes to the government.
Real tax rate
40.8%
So, with you and the employer both paying tax, what used to be a 37.8% tax rate now rises to 40.8%, meaning your real tax rate is actually 3% higher than what it seemed at first.
Summary
If you make ₪ 748,800 a year living in Israel, you will be taxed ₪ 283,219. That means that your net pay will be ₪ 465,581 per year, or ₪ 38,798 per month. Your average tax rate is 37.8% 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 505044
32.6%
1
Canada
ILS 434980
41.9%
2
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
ILS 665656
11.1%
1
Costa Rica
ILS 545071
27.2%
2
Brazil
ILS 544982
27.2%
3
Uruguay
ILS 542299
27.6%
4
Colombia
ILS 538361
28.1%
5
Chile
ILS 534554
28.6%
6
Panama
ILS 524734
29.9%
7
Puerto Rico
ILS 505389
32.5%
8
Mexico
ILS 504207
32.7%
9
Peru
ILS 488157
34.8%
10
Argentina
ILS 486694
35.0%
11
Ecuador
ILS 478257
36.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
ILS 545400
27.2%
1
Kenya
ILS 526056
29.8%
2
Nigeria
ILS 509799
31.9%
3
Ivory Coast
ILS 506465
32.4%
4
Ghana
ILS 499064
33.4%
5
Mozambique
ILS 494997
33.9%
6
Morocco
ILS 462221
38.3%
7
Zambia
ILS 461605
38.4%
8
Cameroon
ILS 460519
38.5%
9
Senegal
ILS 453561
39.4%
10
South Africa
ILS 449078
40.0%
11
Uganda
ILS 425211
43.2%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
ILS 711360
5.0%
1
Qatar
ILS 711360
5.0%
2
Kuwait
ILS 709075
5.3%
3
Bahrain
ILS 707876
5.5%
4
Saudi Arabia
ILS 694881
7.2%
5
Oman
ILS 688896
8.0%
6
Egypt
ILS 562634
24.9%
7
Lebanon
ILS 562308
24.9%
8
Israel
ILS 465581
37.8%
9
Turkey
ILS 436826
41.7%
10
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.