Everything you always wanted to know about payroll and labor laws but were afraid to ask
If you have a life insurance policy or a kupat gemel savings account, you have 10 days left (until the end of the tax year) to capitalize on the tax benefits by making a deposit by Dec 31st. If you are self-employed use the deposit slip to claim your tax deduction when filing your taxes. …
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The current mandatory health tax (or bituach briut in hebrew) was introduced in order to ensure that everyone has medical insurance coverage. In fact, it has caused quite a burden on those who are salaried workers. In addition to having an additional 4-5% of your gross pay deducted from your payslip, it doesn’t give you …
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