David Oliver asked:
Q. “What is the threshold at which a married man with no children starts to pay tax?
A. Your status grants you 2.25 tax credit points, which are worth 215 sh each, thus giving you a credit of 483.75 sh per month on your taxes. Also, you are eligible for a tax deduction on your portion towards pension.
Basically, all income is taxable, however until you fully utilize your tax credit you will not effectively be paying tax. Another point is that income tax in Israel is annual, thus you may be charged more tax in one month because you had a higher income, but it is reconfigured each month annually to date.
In short, you would start paying tax at 5,515 sh
