side by side comparison of 2010 & 2011 tax brackets

The tax rates below are for salaried employees in Israel who are employed full time with one employer. Part-time employees and daily employees taxes are configured pro-rated. The information is provided as such, In case of any discrepancy, the official laws and directives as set forth by the tax authority are the applicable ones.

Tax Rate    2010       2011

    10%        4,770        5,070

    14%        8,470        8,660

    23%      12,720       14,070

    30%      18,250       21,240

    33%      39,340       40,230

    45%     every additional shekel
          from 
39,341      40,231

  

Moshe Egel-Tal, CSPP
Founder and CEO, Israpay   "making payroll simple"

 Sitehttp://www.israpay.com
 Email:  mo***********@***il.com

Skype: motal7

Snail Mail:  p.o. box 44429 Jerusalem, Israel 91443

 Follow me on social networks: Facebook, xing, twitter, Plaxo, FriendFeed, LinkedIn, Digg, Tagfoot, Myspace    Username: Israpay

Published by motal7

Israpay was founded in 2009 with the goal of helping Anglos better understand Israeli labor laws. Whether you are an employer or an employee it is imperitive that you understand what employee's rights are. If you are an employer this will help you avoid possible lawsuits in the future and/or legal sanctions by the Ministry of Industry, Trade and Employment's Administration of Enforcement and Regulation dept. If you are an employee, it is imperitive that you know what your rights are and how to read your payslip. Israpay has vast experience in setting up and implementing payroll departments and procedures for companies to suit their needs. private consultation is available to both employees and employers.

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