Do the monthly tax deductions seem too high to you?

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Are you sure the taxes you pay are too high? Aryeh Goldin - Tax refunds has been involved in the field for many years and explains how you can track all tax reductions. So just in case you are in a hurry to check eligibility for tax refunds, you should know all the main reasons for the formation of gaps that benefit quite a few employees in receiving refunds. The first reason Aryeh Goldin points to is changes in the total monthly income for any reason. The tax deductions are calculated based on an estimated calculation of the annual income of each employee. The tax authority multiplies the total monthly income by the number of working months during the year and arrives at the total expected annual income (assuming there will be no changes in salary or prolonged absences from the workplace). According to the total annual income, it is possible to calculate how many taxes each employee has to pay according to the tax rates that we all know. So why do changes in the monthly salary create tax gaps that lead to many refunds? An example is given that will explain the point well. Has the salary been affected? This may not have been updated with the tax authority and you continue to pay the high salary An employee who earns about NIS 10,000 every month is expected to earn NIS 120,000 every year, assuming he manages to complete all the months of work. Based on this annual income, that employee will be charged a one-year tax deduction divided into 12 monthly payments. The reason for distributing the annual deduction for payments is to prevent financial difficulties for the average household in Israel. If there was a decrease in that employee's salary for a variety of possible reasons (cuts in working hours, prolonged absences due to injury or illness, closures during the corona virus period, etc.) and on average he earned only 7,000 shekels per month (and not 10,000 as he was expected to earn if he completed all the working days or his salary would not have been affected), hi