Income & Expenses
Managing income and expenses properly is critical for self-employed taxpayers in Israel. Learn which business expenses are fully or partially deductible — including home office costs, vehicle expenses, phone and internet, professional development — and how to maintain records that will stand up to a Tax Authority audit.
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Expenses known to the self-employed
List of expenses that can be deducted from business income
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Work from home - known expenses
Deduction of expenses when working from home
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Self-employed car expenses
Deduction of car expenses in an independent business
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Invoices and receipts
Obligation to issue invoices and receipts
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Mixed income (employee + self-employed)
Taxation of those who work as an employee as well as self-employed