In 2011, the tax rates (%) remain the same, but the amounts in each bracket have been revised. The new tax rates for 2011 are as follows: monthly gross pay tax rate in % tax up to 5,070 10 507 next 3,590 (up to 8,660) 14 503 next 5,410 (up …
Tag Archives: payslip
What is the health tax and what do I get out of it ?
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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You can’t fight the taxes, but you can understand them
Israeli Taxes on salaried employees are outrageous. This is no secret. It has been that way since the bulsheviks started running the new state in 1948, and maybe even before that. Since we live in the only Democrapic (from the word crap – there’s lot’s of it folks !) country in the middle-east, where everyone …
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