Due to a recent law passed in the Knesset, there will be a huge upgrade in the awareness of Elderly people as to their rights. Many of them are unaware what their rights are. In order to combat unawareness the […]
Date of birth is not listed on Israeli payslips. The same logic you could say for any document – don’t save anything with your name on it or your social sec # either.
Don’t take this too far….
In Israel there […]
motal7 wrote a new post, Now taking orders – salaried employee’s tax exemption and deductions booklet, on the site The Payroll Thing 4 years, 1 month ago
If you are a salaried employee, you should know what tax deductions you are eligible for and how to get them. On sale now – for the small price of 50 sh
send an email to firstname.lastname@example.org
Minimum wage update – Oct 1st 2012
Great news for all salaried employees who earn minimum wages. After the govt. raised the v.a.t. and the latest price hikes in almost everything we buy, The minister of Industry, Trade and Labor, Shalom Simchon announced today that the minimum wages will be raised from October 1st, 2012. This is the last update…[Read more]
How is Social security configured ?
Social Security and Health tax are mandatory deductions from gross pay. In addition to the employee’s contribution there is also an employer’s contribution. They are […]
First, most Israeli payslips do not have birthdates on them. True they have a lot of private information, and precisely for this reason most respectful employers issue payslips in personally addressed and sealed envelopes. Some large corporations issue all employees a sign-in user name and password to access their payslips on-line. whoever wnats…[Read more]
2012 payroll changes: Income Tax – currently under legislation is a law that would allow working men to utilize the tax points allocated for children under 19 years old in place of their wives, who are unemployed or earn a minimum salary that doesn’t allow them to fully utilize the tax points. stay tuned.
If you want to retire with a “normal” amount of pension, you need to be sure you are utilizing to the maximum the options available to you. In order to do this you must first understand the makeup of pension plans. There are basically three groups of pension plans for salaried employees: 1. Those who are [...]
Youth employment update (July 2011)
In continuation of my previous blog entry on the issue of youth employment, The minimum wages have been raised (the rest of the information in my previous blog remain unchanged)
(effective to July 2011 salary) as follows:
The knesset has approved a raise of the minimum…[Read more]
motal7 posted an update: 5 years, 4 months ago · updated 5 years, 4 months ago
Just in time for the summer vacation ! Make sure your teenage kids who found a summer-time job are paid according to the law. The new minimum wages for youth are as follows:
up to age 16 = 15.74 shekels per hour
up to age 17 = 16.87 ” ” ”
up to age 18 = 18.66 ” ” ”
There are special regulations…[Read more]
A new update has been posted by the Authorities, effective July 2011 – please note my blog update in accordance.
The info contained in this blog is effective as of April 2011 until June 2011 (inclusive)
Learn how to read and understand your payslip. Check your payslip every month – you may be entitled to tax benefits that you are not receiving because your employer may have omitted or overlooked important details. Learn how to fill out your annual 101 tax form properly and avoid future headaches.
Register now for Israpay’s upcoming…[Read more]
As expected the new area tax goes into effect today, March 20th, 2011. This new tax effects all workers in Israel. In fact it has been kept so secret, that you probably haven’t heard anything about it on the news. No wonder ! Read on and you’ll soon know why. Looking around at all the rebellions in [...]
So, you got terminated from your last job recently or you decided to find a job. What do you do first ? Well, you should always keep your CV updated, for starters. Secondly, you can scan the want ads in the papers, but there is a better way. With today’s technology you can scan job search sites for [...]
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