Money and taxes in Israel, in plain English.

Income tax, currency, banking, health insurance: calculators and guides checked against official sources, for people who live in Israel, invest there or are moving there.

Calculate my 2026 taxRead the income tax guide

Figures checked on gov.il2026 schedule, Amendment 288Free, no sign-up
Reference rateLoading…

ECB reference rate, no margin. Banks and exchange bureaus add 1–3% on top.

Israel's 2026 tax schedule, in seven steps

In Hebrew, tax brackets are madregot mas, literally "tax steps". The 2026 Budget Law of March 31, 2026 widened two of them, effective from January 1.

Israel 2026 monthly income tax schedule, drawn as steps10%≤ ₪7,01014%≤ ₪10,06020%≤ ₪19,00031%≤ ₪25,10035%≤ ₪46,69047%≤ ₪60,13050%> ₪60,130
Monthly taxable income. Each step applies only to the part of income that reaches it. The last step includes the 3% surtax.

What changed in 2026 and how your tax is calculated

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