Total tax paid
₪ 34,339
Did you know your employer also pays tax on your salary? It costs the employer ₪ 3,169 to pay you ₪ 77,623. In other words, every time you spend ₪ 10 of your hard-earned money, ₪ 4.42 goes to the government.
Real tax rate
42.5%
So, with you and the employer both paying tax, what used to be a 40.2% tax rate now rises to 42.5%, meaning your real tax rate is actually 2.3% higher than what it seemed at first.