Income Tax Calculator Israel

Find out how much your salary is after tax

Enter your gross income

Salary rate

Withholding

Salary₪ 430

Income Tax -₪ 143

Health Insurance -₪ 12

National Insurance -₪ 16

Total tax -₪ 171

Net pay *₪ 259

Marginal tax rate 50.0%

Average tax rate 39.8%

39.8%Total tax

60.2%

Net pay

The Taxberg

₪ 259

Net pay

₪ 18

Tax the employer pays

₪ 171

Tax you pay

Total tax paid

₪189

Did you know your employer also pays tax on your salary? It costs the employer ₪ 18 to pay you ₪ 430. In other words, every time you spend ₪10 of your hard-earned money, ₪4.4 goes to the government.

Real tax rate

42.2%

So, with you and the employer both paying tax, what used to be a 39.8% tax rate now rises to 42.2%, meaning your real tax rate is actually 2.4% higher than what it seemed at first.

Summary

If you make ₪ 894,795 a year living in Israel, you will be taxed ₪ 355,700. That means that your net pay will be ₪ 539,095 per year, or ₪ 44,925 per month. Your average tax rate is 39.8% and your marginal tax rate is 50.0%. 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 ₪50, hence, your net pay will only increase by ₪50.

Bonus Example

A ₪1,000 bonus will generate an extra ₪500 of net incomes. A ₪5,000 bonus will generate an extra ₪2,500 of net incomes.

Tax per income

₪ 500₪ 1,000₪ 1,500₪ 2,000₪ 2,500₪ 3,000₪ 3,500₪ 4,000₪ 4,500₪ 5,000₪ 5,500₪ 6,000₪ 6,500₪ 7,000₪ 7,500₪ 8,000₪ 8,500₪ 9,000₪ 9,500₪ 10,000

NOTE* Withholding is calculated based on the Israel tables of IL, 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.