Everything you always wanted to know about payroll and labor laws but were afraid to ask
There are three types of income that determine the basis for Social Security and Health Tax payments: 1. salaried employee 2. self-employed 3. other income (not work related) The following are exempt from payment: 1. Housewives – provided they are married to an ensured person and that they do not work outside of their household. 2. An insured person who …
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Self-employed individuals need to pay monthly advances towards their Social Security payments. Many times their accountant will get the advances reduced or stop them altogether. While this may seem normal, it may seriously deprive the self-employed individual with regard to compensation from Social Security in case of a work-related accident. Recently, a self-employed individual sued …
Soon to be released ! The first ever English language Employee’s Rights Handbook ! This comprehensive guide explains in layman’s terms the makeup of the Israeli payslip, how to read it, explained are the basic labor laws, sick leave pay, vacation, protection of salary, severance pay, women’s employment, overtime, minimum wage, youth employment, work and …
If you are employed currently by two employers you may be paying too much social security (Bituach Leumi) and health tax (Bituach Briut) from your secondary place of employment. First, it’s important to understand that for each place of employment you will need to pay Bituach leumi and Bituach Briut. There are two rates for each. The first …