Tax Benefits

75% of the deposit usually comes from the employer, profits on preferred deposits enjoy tax exemption, and the money becomes liquid after six years. Anyone who leaves the fund to work for another decade may discover that the amount received from the employer and compound interest have turned it into one of their largest assets.

For every shekel deposited into pension savings, the state returns a portion through two completely different mechanisms: a credit (zikuy) under Section 45a, which reduces the tax itself, and a deduction (nikuy) under Section 47, which reduces the taxable income. The guide explains the difference, shows a full calculation of how much a self-employed person saves on an income of 280,000 shekels...

A few weeks ago, the Tax Authority began revoking tax benefits only from yeshivas that requested the appropriate approvals for the first time. Now, the Authority is demanding that all Haredi institutions declare that no draft dodgers from IDF service are studying there.

In a letter sent to religious institutions, they are required to declare that they do not have students who are subject to the draft but have not regulated their status, and to provide a full list of students and their ID numbers. An institution that does not meet the requirements may lose its Section 46 approval, which grants donors a tax credit: "Benefits provided in direct or indirect...

A family that chooses to build its home in a community near the border receives more than just an open view and lower rent. It also faces distance from medical services, sparse public transport, fewer education and leisure options, and a security threat that becomes part of the daily routine.

Did you immigrate to Israel in recent years? The Tax Authority reminds you of the benefits that can reduce your tax liability in your first years in the country, alongside tax exemptions on certain income from abroad. And what has changed for those who immigrated in 2026?

Even if you are just about to retire, or have already retired, there are still ways you can maximize the monthly allowance you receive. On the order in which it is correct to withdraw from savings channels, how it is possible to hold two advanced training funds (Keren Hishtalmut), and also why if you are still working, you should not rush to withdraw your pension allowance. Advice ahead of...

Labor party MK Gilad Kariv has called on authorities to revoke tax exemptions for the "Halutzei HaBashan" organization. He argues that the group's activists illegally cross the border into Syria, endangering IDF operations and violating state law.

Recent tax law amendments provide exemptions for income generated from work and business within Israel up to specific annual ceilings. Additionally, purchase tax relief for immigrants buying a single apartment has been updated.