2009 tax brackets

 Monthly brackets [on income from personal toil (*1)]  tax rates  Yearly brackets (*2) [on income from personal toil]
 up to 4,590  10 %  up to 55,080
 from 4,591 to 8,160  15 %  from 55,081 to 97,920
 from 8,161 to 12,250  23 %  from 97,921 to 147,000
 from 12,251 to 17,600  30 %  from 147,001 to 211,200
 from 17,601 to 37,890  34 %  from 211,201 to 454,680
 from each additional shekel  46 %  from each additional shekel

 

* 1) personal toil – salaried employees only. self employed and income not from personal toil – other tax rates may apply.

* 2) Yearly brackets – the monthly brackets multiplied by 12.

 

 

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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