Tax rates on earned income for 2019
|
Income level |
Tax rate |
Max. tax on level |
Tot. Accum. Tax |
|---|---|---|---|
|
From 0 ₪ to 6,310 ₪ |
10% |
631 ₪ |
631 ₪ |
|
From 6,311 ₪ to 9,050 ₪ |
14% |
384 ₪ |
1,015 ₪ |
|
From 9,051 ₪ to 14,530 ₪ |
20% |
1,096 ₪ |
2,111 ₪ |
|
From 14,531 ₪ to 20,200 ₪ |
31% |
1,758 ₪ |
3,868 ₪ |
|
From 20,201₪ to 42,030 ₪ |
35% |
7,641 ₪ |
11,509 ₪ |
|
From 42,031₪ to 54,130₪ |
47% |
5,687 ₪ |
17,196 ₪ |
|
On every additional Shekel |
50% |
Tax rates on unearned income for 2019
|
Monthly income level (unearned) |
Tax rate |
Annual income level (unearned) |
Tax rate |
|---|---|---|---|
|
Up to 20,200 ₪ |
31% |
Up to 242,400 ₪ |
31% |
|
From 20,201 ₪ to 42,030 ₪ |
35% |
From 242,401 ₪ to 504,360 ₪ |
35% |
|
From 42,031 ₪ to 54,130 ₪ |
47% |
From 504,360 ₪ to 649,560 ₪ |
47% |
|
Additional tax above 54,131 ₪ |
50% |
Additional tax above 649,561 ₪ |
50% |
Monthly benefit level: 218 NIS
The maximum wage level for National Insurance is 43,890 NIS