Monday, February 1, 2021

2020 Maanak Avodah



Maybe you've heard about this already, and maybe this is new information for you. There is a reverse-tax benefit in Israel for low-income families. It's called the "Maanak Avodah" or "Working Grant". The point of this grant is to put more money in your pocket if you earn less than a certain amount of money!

Please don't miss out on this if you qualify - apply as soon as possible in order to avoid disappointment later. It won't take much of your time to apply, and you can do it now, BEFORE YOU FORGET! Right now, you can still apply for the 2019 grant AND some people can also apply for the 2020 grant. 
  
Updated information for the 2020 grant: 

Who can apply for this grant?


You can apply for this grant if: 


1. You were employed or self-employed
 

2. You were 23 years of age or older, and have minor children*, or 55 years of age or above, even if you have no minor children
 

3. You did not own more than 50% of a property or rights to a property (anywhere in the world) in the 2020 tax year, other than your primary residence
 

4. If you have one or two children, or are age 55+ without children, and your average monthly income falls between 2,080 and 6,270 you may be eligible for this grant. If you are a single parent of 1-2 children (with custody of your minor children), your average monthly income must fall between 1,280 and 9,490 NIS to qualify
 

5. If you have 3 or more children, and your average monthly income falls between 2,080 NIS and 6,879 NIS, you may be eligible for this grant. If you are a single parent of 3 or more children (with custody), you may qualify if your income is between 1,2780 and 11,580 NIS per month.

*children who are counted are those who are under the age of 19 as of Dec. 31, 2020

How do you apply? 


Online, if you have applied at least once in the last TWO years.

If you have not applied in the last 2 years, all you have to do is go to the post office and answer a few questions. BE SURE to bring your teudat zehut (ID card) and either your checkbook or an "ishur" from your bank that you have an account with them. Please keep any paperwork you receive at the post office and/or in the mail. 


If you have questions after you've applied, or to check the status of your application, you can check the status of your request online, or call *4954 or or 02-565-6400 to speak with the Tax Authority. 


How much can you expect to receive? 


The amount you receive will vary depending on your circumstances, and if you qualify, will vary from 20 shekels/month to 720 shekels/month (240 shekels yearly to 8,640 shekels yearly). (These amounts are based upon older information, and I'll update when the exact amounts for this year are published.)

Some people will qualify for a "Corona bonus" this year.

Your spouse's income may affect your eligibility, as may various other factors.


I hope this helps some of you out there! It's worth it to check if you are eligible.


Please share this information with your friends and family who may benefit from it!

2 comments:

  1. Tghanks for this information Ester. I always do this at the post office but was wondering how to do it during lockdown. Thanks for the link. xxx

    ReplyDelete
  2. Do you know if the income is neto or bruto?

    ReplyDelete

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