Steps to Fill Out the Salary Simulator:

1️⃣ Select the Type of Calculation:

• Net from Gross Calculation: Enter your gross salary to determine how much net salary you will receive.

• Gross from Net Calculation: Enter your desired net salary, and the simulator will calculate the required gross salary.

2️⃣ Enter the Gross Salary:

• Input your monthly gross salary (excluding travel reimbursements).

3️⃣ Vehicle Imputation (if applicable):

• If you use a company car, enter the monthly taxable value of the vehicle (check with your employer for the exact amount).

4️⃣ Bonuses (if applicable):

• Enter the bonus amount you received this month.

5️⃣ Travel Reimbursement:

• Input the travel expense reimbursement you received from your employer.

• Do not include this amount in the gross salary field – it is entered separately.

6️⃣ Number of Tax Credit Points:

• Enter the number of tax credit points you are entitled to.

• Every Israeli resident receives 2.25 basic credit points.

• In certain cases (e.g., children, academic studies), the number of tax credit points may increase. Check your payslip for your exact points.

7️⃣ Click "Calculate":

• The simulator will process the information and display:
  ✅ Net salary
  ✅ Income tax, National Insurance, and Health Insurance deductions
  ✅ Pension and severance contributions
  ✅ Total employer cost