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2014 Israeli Tax Calculator

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legal warning

legal warning: The information here should not be understood legally as financial advice. If you believe anything on this site is in error, please contact me. I am always open to corrections, new ideas, and new opinions...

I recently updated my tax calculator.  The latest version includes the new tax brackets and credits according to 2014.

You can download the latest calculator here or go to the following site:

The Israeli Tax Calculator allows you to check your paycheck and see that the correct taxes were deducted correctly.  If too much money is being taken out for taxes or insurance, then you should demand back your money through a tax alignment (תאום מס) or an insurance alignment (תאום ביטוח לאומי).  If you need to get money back through an alignment see this post for more details.

Note:  While the amount for insurance should match your paycheck perfectly, the amount you pay for taxes may not.  There are other factors besides the ones mentioned in this spreadsheet that can affect the amount of taxes you pay (how much you got paid over the past 6 years, how often you get paid.)

Use the guide as follows:

If you are paying less in taxes than what is calculated on the sheet:  Find out what kind of benefits you are receiving and how to continue receiving them.

If you are paying more in taxes than what is calculated on the sheet:  Odds are you need to do a tax alignment.  Speak to your HR person and fix up your tax record and then file the appropriate paperwork at מס הכנסה.

As always, if you find any flaws in these excel sheets or have any ideas for improving them, please feel free to contact me.

Are there any financial tools you would like to see?  Please feel free to either leave some ideas in the comments below or e-mail me at


  1. […] Full Story (2014 Calculatrice d’impôt israélien | Chomer Shekalim) […]

  2. zivia says:

    Thanks for this. How many points should a single mother with one child under 5 years old get? Also, what percent does the employee pay and what percent does the employer pay when it comes to insurance (national and medical)? Thank you.

  3. Adam says:

    This may beyond the scope of this calculation but as an employer it would be useful to have a calculation that would show the total cost to company based on agreed upon gross wages for an employee.

    • jonnydegani says:

      Hi Adam. The calculation would of course depend on the many different kinds of benefits. As a general rule, take the salary of the worker and multiply by 1.3

  4. Mike says:

    I’ve actually discovered a problem with the calculator. For Keren Hishtalmut, if you enter a percentage it will assume that it’s always above the ceiling. However most employers will, I believe, be willing to treat your salary at the KHL ceiling if your salary exceeds it.

    In this way you can continue making contributions to your KHL but not be taxed on it.

    I added an additional bucket called “keren hishtalmut (up to ceiling)” which will treat your salary as the KHL ceiling if the salary exceeds it. It will not show up as part of your bruto salary because it’s not taxable.

  5. jonnydegani says:

    Line 13 is the amount that you are reimbursed for putting money into you pension.
    An employer has to put in at least 6% as pitzuyim, although it can be as high as 8.33%

  6. This is soooooo Awesome!!! Thank you so much! For an Oleh – 1st year, do you know how many points to add? For my wife, 1 child, new Oleh as well how many points. This is making it possible for us to budget for Aliyah!! You are marvelous!! Thanks again.

  7. Coby says:

    Do you know how much an employer benefits by making part of the pay “bonus” For example of the salary is 70% base and 30% bonus.

  8. […] 2014 Israeli Tax calculator allows you to check your paycheck and see that the deductions are correct […]

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