Does the calculation include tax credit points?

Yes. You can change the credit-point value and contribution assumptions in the calculator.

Personal calculation · 2026 model

How much net pay remains from gross salary?

Enter a monthly salary and see a transparent allocation across tax, employee deposits and take-home pay.

Assumptions and sources

Base salary

The estimate updates immediately from monthly pay.

Adjust calculation assumptions

Tax credit pointsWizard details are calculated locally and are not stored in the report.

2.25

Points shown on form 101

Eligible-locality tax benefit for 2026I have a valid form 1312A residency certificate

Employee pensionEmployer pensionSeverance

Education fund up to the tax-advantaged capMonthly company-car taxable valueCopy the taxable use value from your payslip. It increases tax but is not cash paid to you.

Check the use value with the Israel Tax Authority calculator

Pension and severance deposits are calculated on the full base salary.

Now
Full picture
Decision

Moment 1 · now

What is expected to reach your account?

Estimated net pay after taxes and employee deposits under your selected assumptions.

Estimated monthly net pay₪16,679

Moment 2 · full picture

What sits outside net pay?

See taxes, insurance, employee savings and the amount the employer pays beyond gross separately.

Estimated monthly employer cost₪31,548

Where your monthly gross goesEvery segment is part of gross pay; employer deposits are separate33% does not reach net pay directly

Net pay: ₪16,67967%
Income tax: ₪3,99416%
National Insurance and health: ₪2,43410%
Employee pension: ₪1,5006%
Employee education fund: ₪3932%

Effective tax and insurance rate: 26%
From each additional shekel you keep: 57 agorot
Tax freedom day, illustration: 4 April

A proportional illustration using income tax, National Insurance and health only; it is not a legal date or cash-flow forecast.

Full calculation breakdown

Monthly gross pay₪25,000

The starting amount before tax and employee deposits.

Tax before credits₪4,776

Progressive monthly income tax before credits.

Credit points and pension credit-₪782

Tax credit points and the eligible employee-pension credit, capped at the tax due.

Income tax due₪3,994

₪4,776 - ₪782 = ₪3,994

National Insurance₪1,291

Reduced rate up to ILS 7,703 and full rate up to the ILS 51,910 ceiling.

Health insurance₪1,143

Shown separately from National Insurance using employee rates.

Employee pension₪1,500

A long-term deposit that does not reach the current account.

Employee education fund₪393

2.5% up to the tax-advantaged ceiling when enabled.

Less all deductions-₪8,321

Estimated net pay₪16,679

Employer cost above gross pay₪6,548 · 26%

Gross pay: ₪25,000
Employer pension: +₪1,625
Severance: +₪2,083
Employer education fund: +₪1,178
Employer National Insurance: +₪1,662
Total employer cost: ₪31,548

Moment 3 · decision

How does this pay compare with your market?

To avoid inventing a comparison, the next step adds role, experience and region and shows only cohorts that pass the privacy threshold.

Monthly gross carried temporarily into comparison₪25,000The amount and assumptions remain only in journey memory. Role, experience and region are selected next; storage occurs only after consent.

Next step · personal market comparisonAdd your current employment dataData is stored only in the next step, with consent, to create the report

Change calculation direction

2026 estimate. Not tax advice. Salary amounts are not stored or sent to analytics.

What the calculation includes

Progressive 2026 income tax
Tax credit points and pension tax credit
National Insurance, health and employee deposits

The wizard covers common family situations and eligible-locality benefits backed by form 1312A. Tax coordination, partial-year eligibility and complex entitlements require manual review.