Income Tax    2018 Tax brackets

2018 Tax brackets in NIS

3% Surcharge Tax will be added to income in excess of NIS 641,880

  • Credit point yearly value - NIS 2,592

  • Credit point monthly value - NIS 216

2018 Tax brackets in USD*

3% Surcharge Tax will be added to income in excess of $183,394

  • Credit point yearly value - USD 741

  • Credit point monthly value - USD 62

 

*The Israeli Tax Authority calculates the tax liability in NIS.

The information above, in USD, is calculated based on an estimated USD/NIS exchange rate of USD 1: NIS 3.5. Any differences between this exchange rate and the final exchange rate for 2018 will affect the tax liability in USD.

 

Contact us