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 to 14,070) 23 1,244
next 7,170 (up to 21,240) 30 2,151
next 18,990 (up to 40,230) 33 6,267
every additional shekel 45 ——
personal credit points have been updated as well to 209 shekels each (from 205 shekels in 2010)
Note: the taxes are gross (prior to credits). All amounts are in shekels. Since taxes are configured annually the following table is for a monthly salary only. In certain situations other restrictions or laws may apply. The above information is meant as general information and in any case of contradiction, the existing tax laws and regulations are the deciding factor.
