Total tax paid
₪ 30,455
Did you know your employer also pays tax on your salary? It costs the employer ₪ 3,169 to pay you ₪ 69,854. In other words, every time you spend ₪ 10 of your hard-earned money, ₪ 4.36 goes to the government.
Real tax rate
41.7%
So, with you and the employer both paying tax, what used to be a 39.1% tax rate now rises to 41.7%, meaning your real tax rate is actually 2.6% higher than what it seemed at first.