Income Tax Calculator Israel

Find out how much your salary is after tax

Enter your gross income

Salary rate

Withholding

Salary₪ 425

Income Tax -₪ 140

Health Insurance -₪ 12

National Insurance -₪ 16

Total tax -₪ 168

Net pay *₪ 257

Marginal tax rate 50.0%

Average tax rate 39.6%

39.6%Total tax

60.4%

Net pay

The Taxberg

₪ 257

Net pay

₪ 18

Tax the employer pays

₪ 168

Tax you pay

Total tax paid

₪186

Did you know your employer also pays tax on your salary? It costs the employer ₪ 18 to pay you ₪ 425. In other words, every time you spend ₪10 of your hard-earned money, ₪4.38 goes to the government.

Real tax rate

42%

So, with you and the employer both paying tax, what used to be a 39.5% tax rate now rises to 42%, meaning your real tax rate is actually 2.5% higher than what it seemed at first.

Summary

Si vous gagnez un salaire brut de ₪ 884,000 par an en Israel, vous serez imposé de ₪ 350,302. Cela signifie que votre salaire net sera de ₪ 533,698 par an, ou ₪ 44,475 par mois. Votre taux d'imposition moyen est 39.6% et votre taux d'imposition marginal est 50.0%. Ce taux d'imposition marginal signifie que votre revenu supplémentaire immédiat sera imposé à ce taux. Par exemple, une augmentation de ₪100 à votre salaire sera imposé de ₪50, par conséquent, votre salaire net augmentera seulement de ₪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.

Tax per income

₪ 500₪ 1,000₪ 1,500₪ 2,000₪ 2,500₪ 3,000₪ 3,500₪ 4,000₪ 4,500₪ 5,000₪ 5,500₪ 6,000₪ 6,500₪ 7,000₪ 7,500₪ 8,000₪ 8,500₪ 9,000₪ 9,500₪ 10,000

NOTE* Withholding is calculated based on the Israel tables of IL, 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.