Surtax on High Income (3%)

Overview

The surtax (mas yesef) is an additional 3% tax on individuals whose total annual income exceeds ₪721,560 (2026). It applies to all income types: salary, business, rent, interest, dividends, and capital gains. The tax is calculated on the portion above the threshold only.

Example

Total income: ₪900,000 (salary ₪600,000 + capital gain ₪300,000)

Amount above threshold: ₪900,000 − ₪721,560 = ₪178,440

Surtax: ₪178,440 × 3% = ₪5,353

This is in addition to the regular income tax and capital gains tax.

Planning Tips

  • Time capital gains realization to spread income across tax years
  • Consider deferring salary or bonuses if near the threshold
  • Spouses should optimize income allocation to avoid triggering the surtax
  • Company owners: retain profits in the company instead of distributing as dividend

בסיס חוקי

  • Section 121B – Income Tax Ordinance

Important Note: The information on this website is for general informational purposes only and does not constitute professional tax advice. Consult a qualified tax advisor before making financial decisions.