For self employed person


Rates of national and health Insurance contributions, as percentages of income, for the self-employed aged betewen 18 and prior to retirement age:

as of Jan 01, 2021

 

For the share of income which is up to 60% of the average wage (reduced rate) - NIS 6,331

For the share of income which exceeds 60% of the average wage up to the maximum income liable for insurance contributions (full rate) - NIS 44,020

National  insurance contributions

% 2.87

12.83

Health insurance contributions

% 3.1

5

Total

% 5.97

17.83













Rates of insurance contributions for the self-employed who is under 18 or has reached retirement age:

Those up to age 18 or who are receiving an old-age pension, will pay as follows:

  • On the portion of income up to 60% of the average wage NIS 6,331 - a reduced insurance contribution rate of % 0.17 .
  • On the portion of income above 60% of the average wage - a regular insurance contribution rate of 0.78 .

Above rates involve national insurance contributions alone:

Those under 18 - are exempted to pay health insurance contributions.
Those receiving an old age pension - health insurance contributions are deducted from the pension, amounting to NIS 200 per month.

Those who reached retirement age and do not receive an old-age pension, will pay as follows:

  • On the portion of income up to 60% of the average wage NIS 6,331 - a reduced insurance contribution rate of % 5.47 .
  • On the portion of income above 60% of the average wage - a regular insurance contribution rate of 15.62 .

Above rates involve health insurance contributions as well.

as of Jan 01, 2021