Tax planning for the self-employed

Strategies

  • Maximum deposit for pension and training fund
  • Timing of income and expenses at the end of the year
  • Correct use of stairs no
  • Choosing an appropriate business structure (independent/company)
  • Contributions for tax credit (35%)

company

Above an income of about NIS 400,000/year, you should consider switching to a limited liability company (23% tax versus high rates).

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.