Total tax paid
₪ 38,660
Did you know your employer also pays tax on your salary? It costs the employer ₪ 731 to pay you ₪ 79,385. In other words, every time you spend ₪ 10 of your hard-earned money, ₪ 4.87 goes to the government.
Real tax rate
48.3%
So, with you and the employer both paying tax, what used to be a 47.8% tax rate now rises to 48.3%, meaning your real tax rate is actually 0.5% higher than what it seemed at first.