Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₪ 37,000
Income Tax
- ₪ 12,244
National Insurance
- ₪ 1,369
Health Insurance
- ₪ 1,067
Total tax
- ₪ 14,679
Net pay
* ₪ 22,321
Marginal tax rate
50.0%
Average tax rate
39.7%
60.3%
Net pay
39.7%
Total tax
Total tax
Net pay
The Taxberg
₪ 22,321
Net pay
₪ 1,585
Tax the employer pays
₪ 14,679
Tax you pay
Total tax paid
₪ 16,264
Did you know your employer also pays tax on your salary? It costs the employer ₪ 1,585 to pay you ₪ 37,000. In other words, every time you spend ₪ 10 of your hard-earned money, ₪ 4.40 goes to the government.
Real tax rate
42.2%
So, with you and the employer both paying tax, what used to be a 39.7% tax rate now rises to 42.2%, meaning your real tax rate is actually 2.5% higher than what it seemed at first.
Summary
If you make ₪ 888,000 a year living in Israel, you will be taxed ₪ 352,302. That means that your net pay will be ₪ 535,698 per year, or ₪ 44,641 per month. Your average tax rate is 39.7% 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.
Compare average tax
Europe
Country 
Net pay
Average tax
Rank
Russia
ILS 772560
13.0%
1
Hungary
ILS 723720
18.5%
2
Ukraine
ILS 714840
19.5%
3
Czech Republic
ILS 679802
23.5%
4
Switzerland
ILS 604291
32.0%
5
United Kingdom
ILS 542938
38.9%
6
Poland
ILS 521417
41.3%
7
Norway
ILS 520023
41.4%
8
Spain
ILS 519577
41.5%
9
Romania
ILS 519480
41.5%
10
Austria
ILS 516887
41.8%
11
France
ILS 506730
42.9%
12
Greece
ILS 504982
43.1%
13
Denmark
ILS 503177
43.3%
14
Netherlands
ILS 482821
45.6%
15
Ireland
ILS 481738
45.8%
16
Sweden
ILS 479841
46.0%
17
Luxembourg
ILS 476880
46.3%
18
Germany
ILS 471783
46.9%
19
Italy
ILS 430197
51.6%
20
Finland
ILS 384324
56.7%
21
Portugal
ILS 368552
58.5%
22
Belgium
ILS 352295
60.3%
23
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North America
Country 
Net pay
Average tax
Rank
USA
ILS 581686
34.5%
1
Canada
ILS 500256
43.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
ILS 773723
12.9%
1
Hong Kong
ILS 749335
15.6%
2
Singapore
ILS 723799
18.5%
3
Thailand
ILS 628849
29.2%
4
Taiwan
ILS 627211
29.4%
5
Indonesia
ILS 614210
30.8%
6
China
ILS 594824
33.0%
7
Pakistan
ILS 593944
33.1%
8
Vietnam
ILS 583347
34.3%
9
New Zealand
ILS 581576
34.5%
10
Malaysia
ILS 579724
34.7%
11
Philippines
ILS 577660
35.0%
12
Japan
ILS 571156
35.7%
13
South Korea
ILS 564839
36.4%
14
Australia
ILS 542633
38.9%
15
India
ILS 452002
49.1%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
ILS 788860
11.2%
1
Brazil
ILS 645902
27.3%
2
Uruguay
ILS 641555
27.8%
3
Costa Rica
ILS 638509
28.1%
4
Colombia
ILS 626573
29.4%
5
Chile
ILS 624082
29.7%
6
Panama
ILS 617650
30.4%
7
Puerto Rico
ILS 595394
33.0%
8
Mexico
ILS 595191
33.0%
9
Argentina
ILS 577174
35.0%
10
Peru
ILS 573417
35.4%
11
Ecuador
ILS 557666
37.2%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
ILS 646668
27.2%
1
Kenya
ILS 623496
29.8%
2
Nigeria
ILS 604483
31.9%
3
Ivory Coast
ILS 601444
32.3%
4
Ghana
ILS 591145
33.4%
5
Mozambique
ILS 585477
34.1%
6
Zambia
ILS 547213
38.4%
7
Morocco
ILS 546575
38.5%
8
Cameroon
ILS 545271
38.6%
9
Senegal
ILS 537081
39.5%
10
South Africa
ILS 525638
40.8%
11
Uganda
ILS 501771
43.5%
12
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Middle East
Country 
Net pay
Average tax
Rank
Kuwait
ILS 848275
4.5%
1
Bahrain
ILS 845684
4.8%
2
United Arab Emirates
ILS 843600
5.0%
3
Qatar
ILS 843600
5.0%
4
Saudi Arabia
ILS 834081
6.1%
5
Oman
ILS 816960
8.0%
6
Egypt
ILS 667034
24.9%
7
Lebanon
ILS 666708
24.9%
8
Israel
ILS 535698
39.7%
9
Turkey
ILS 517897
41.7%
10
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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.