Israel Income Tax Table 2026 Calculator
Israel income tax brackets for 2026: 10% up to ₪84,120, 14% to ₪120,720, 20% to ₪228,000, 31% to ₪301,200, 35% to ₪560,280 and 47% above. A 3% surtax applies to annual taxable income over ₪721,560, giving a 50% maximum rate. Each credit point is worth ₪242 a month; residents get at least 2.25 points.
2026 Bracket Schedule
Annual taxable income is taxed at 10% up to ₪84,120, 14% from ₪84,120 to ₪120,720, 20% to ₪228,000, 31% to ₪301,200, 35% to ₪560,280 and 47% above ₪560,280. Cumulative tax at each threshold: ₪8,412, ₪13,536, ₪34,992, ₪57,684 and ₪148,362. For 2026 the 20% bracket was widened to ₪19,000 a month (₪228,000 a year) and the 31% bracket to ₪25,100 a month (₪301,200 a year), applying from 1 January 2026.
Surtax
A 3% surtax applies to annual taxable income exceeding ₪721,560, so the maximum income tax rate is 50%. Since 2025 a further 2% surtax applies to the part of income from capital sources (such as capital gains, dividends, interest and rent) above the same threshold; this calculator does not add that 2%.
Credit Points (Nekudot Zikui)
Each point is worth ₪242 per month, which is ₪2,904 per year, deducted from the tax itself. Resident individuals are entitled to a minimum of 2.25 points (₪6,534 a year). Additional points are granted for, among other things, dependent children, new immigrants and single-parent families; enter your own total.
Worked Example
Taxable income ₪180,000 with 2.25 points: ₪13,536 on the first ₪120,720 plus 20% of ₪59,280 (₪11,856) = ₪25,392, less ₪6,534 of credit points = ₪18,858.
Source and Disclaimer
Bracket amounts and credit point value are the 2026 figures as published by PwC (last reviewed 29 June 2026). An estimate only; it does not cover national insurance, health tax, or passive income taxed at fixed rates.
Source: PwC Worldwide Tax Summaries — Israel, taxes on personal income. Last updated: October 2026.