2026 rates · Sources shown · Olim credit points
Net salary calculator
What lands in your bank from a gross Israeli salary, with the deductions explained line by line.
Payslip decoder
The lines on an Israeli tlush, in English.
- שכר יסוד / Schar yesod
- Base salary before anything is added or deducted.
- שעות נוספות / Sha'ot nosafot
- Overtime: 125% for the first two hours, 150% after.
- הבראה / Havra'a
- Convalescence pay: a yearly fixed amount per day of entitlement, usually paid in summer.
- נסיעות / Nesi'ot
- Travel allowance; partly tax-free.
- מס הכנסה / Mas hachnasa
- Income tax after your credit points.
- ביטוח לאומי / Bituach Leumi
- National insurance: 1.04% up to ₪7,703, 7% above.
- מס בריאות / Mas briut
- Health tax: 3.23% then 5.17%, same threshold.
- פנסיה / Pensia
- Your pension contribution (minimum 6%); the employer adds 6.5% plus severance.
- קרן השתלמות / Keren hishtalmut
- Study fund: you 2.5%, employer 7.5%, tax-free up to ₪15,712 salary. Withdrawable tax-free after 6 years.
- נקודות זיכוי / Nekudot zikui
- Credit points; each worth ₪242 off tax per month.
- שווי רכב / Shovi rechev
- Taxable value of a company car, added to income for tax.
- נטו לתשלום / Neto letashlum
- What lands in your bank.
Sources
Israel Tax Authority: 2026 income tax brackets · checked 2026-10-01
Tax Authority: 2026 monthly deductions booklet (credit points) · checked 2026-10-01
Bituach Leumi: 2026 employee rates and thresholds · checked 2026-10-01
Ministry of Labor: mandatory pension · checked 2026-10-01
Estimates, not tax advice. Two items are awaiting a licensed accountant's confirmation: the mother/father split of child credit points, and the new 2026 oleh earned-income exemption, which this calculator does not yet apply.
Questions
What are credit points (nekudot zikui)?
Each point knocks ₪242 a month off your income tax. Every resident gets 2.25; women 2.75; parents get more for each child; new olim get extra points for their first 54 months.
Why is my payslip different?
Employers apply credits only if you filed form 101, your pension and study-fund rates may differ, some income is taxed at source differently, and the 2026 oleh exemption (Circular 7/2026) can remove income tax entirely for recent olim. Use the payslip decoder below to read yours line by line.
Is this up to date?
Rates were checked on 2026-10-01: the 2026 brackets (after the March 2026 widening), the 2026 Bituach Leumi thresholds and the 2026 credit point value. Sources are linked on this page.