For self employed person


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

as of Jan 01, 2022

 

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 45,075

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 205 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.

Those earning income below NIS 2,638 per month, will pay insurance contributions from the minimal income (in Hebrew).

as of Jan 01, 2022