Income tax calculator Israel
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₪ 4,875
Income Tax
- ₪ 514
National Insurance
- ₪ 132
Health Insurance
- ₪ 184
Total tax
- ₪ 830
Net pay
*
₪ 4,045
Marginal tax rate
27.8%
Average tax rate
17.0%
83.0%
Net pay
17.0%
Total tax
Total tax
Net pay
The Taxberg
₪ 4,045
Net pay
₪ 242
Tax the employer pays
₪ 830
Tax you pay
Total tax paid
₪ 1,072
Did you know your employer also pays tax on your salary? It costs the employer ₪ 242 to pay you ₪ 4,875. In other words, every time you spend ₪ 10 of your hard-earned money, ₪ 2.20 goes to the government.
Real tax rate
20.9%
So, with you and the employer both paying tax, what used to be a 17% tax rate now rises to 20.9%, meaning your real tax rate is actually 3.9% higher than what it seemed at first.
Summary
If you make ₪ 117,000 a year living in Israel, you will be taxed ₪ 19,910. That means that your net pay will be ₪ 97,090 per year, or ₪ 8,091 per month. Your average tax rate is 17.0% and your marginal tax rate is 27.8%. 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 ₪ 27.83, hence, your net pay will only increase by ₪ 72.17.
Bonus Example
A ₪ 1,000 bonus will generate an extra ₪ 722 of net incomes. A ₪ 5,000 bonus will generate an extra ₪ 3,609 of net incomes.
North America
Country
Net pay
Average tax
Rank
USA
ILS 95473
18.4%
1
Canada
ILS 86470
26.1%
2
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.