Maanak Avodah 2024 - Reminder to apply!

It's time for your yearly reminder to check if you might be able to claim this benefit! 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 apply for the 2024 grant, and some people may still be able to apply for the 2023 grant.
  
Updated information for the 2024 grant: 
Who can apply for this grant?

You can apply for this grant if: 

1. You were employed or self-employed
 
2. You were 21 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 2022 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 2,390 and 7,220 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 1,470 and 10,930 NIS to qualifyץ
 
5. If you have 3 or more children, and your average monthly income falls between 2,390 NIS and 7,910 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 1,470 and 13,340 NIS per month.

*children who are counted are those who are under the age of 19 as of 31/12/2023

How do you apply? 

Online, using the Israeli tax website - this form lets you apply for this year and last year

OR
At the post office, where you'll need to 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. (This option only allows you to apply for 2024, whereas online you may still be able to apply for the previous year).

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 in your "eizor ishi", or call *4954 or or 02-565-6400 to speak with the Tax Authority. 

Your payment may arrive in anywhere from 1-4 installments.

How much can you expect to receive? 

The amount you receive will vary depending on your circumstances, and if you qualify, could be up to 10,080 NIS.

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!

Don't miss out on useful tips and tricks for living in Israel! Follow me on FB and join my Kosher Frugal group!

Maanak Avodah 2023 - Reminder to apply!

It's time for your yearly reminder to check if you might be able to claim this benefit! 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 2022 grant AND the 2023 grant. 
  
Updated information for the 2023 grant: 
Who can apply for this grant?

You can apply for this grant if: 

1. You were employed or self-employed
 
2. You were 21 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 2022 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 2,320 and 6,980 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 1,420 and 10,570 NIS to qualifyץ
 
5. If you have 3 or more children, and your average monthly income falls between 2,320 NIS and 7,650 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 1,420 and 12,900 NIS per month.

*children who are counted are those who are under the age of 19 as of 31/12/2023

How do you apply? 

Online, using the Israeli tax website - this option allows you to apply for 2023 and 2022 if you missed this reminder last year.

OR
At the post office, where you'll need to 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. This option only allows you to apply for 2023.

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 in your "eizor ishi", or call *4954 or or 02-565-6400 to speak with the Tax Authority. 

Your payment may arrive in anywhere from 1-4 installments.

How much can you expect to receive? 

The amount you receive will vary depending on your circumstances, and if you qualify, could be up to 9,720 NIS.

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!

Don't miss out on useful tips and tricks for living in Israel! Follow me on FB and join my Kosher Frugal group!

FREE Help filing your Israeli taxes!

Every year, many of us have to file a yearly tax report with the Israel Tax Authority.

Many, many people pay an accountant to handle this report, but did you know that in some cases you can also get FREE help?

Here's the deal:

The Israel Tax Authority runs Free Clinics for Atzma'im with income from self employment up to 60,000 NIS using Form 137, and other people who need to file a tax report using Form 1301.

Find this help HERE:

Regional Tax Offices will operate these services between May 8, 2022 and June 30, 20022, Sunday - Thursday from 1pm - 6:00pm. Some offices may be closed on certain days of the week. I recommend calling before you go to verify they are open!

In Eilat, the service will be available only on Mondays and Wednesdays.

In Um Al Fahem, the service is only available on Sundays. 

In Ashdod and Rishon Letzion the clinic is available on Tuesdays and Thursdays from 1-6pm

In Tel Aviv, there is a special Resource Center dedicated just to this service, and it will remain open until July 28, 2022. Find it at Rechov Shefa Tal 12, Tel Aviv.




NOTE: The Tax Authority is not offering assistance with other issues at these clinics. They are ONLY for getting help filing your yearly tax report (only forms 1301 and 137).

Good luck, and don't wait to do your taxes! Better just to get it done with, right?

Follow me on Facebook for more tips and info!

 

Series: Financial Assistance in Israel (Part 2)

If you missed Part 1 in this series, please be sure to check it out!
 
"Ma'anak Avodah" Info (formerly Negative Income Tax)

NEW: You can now apply for the Maanak Avodah ONLINE. Currently, the online system is available only for people who have applied in the past. But this is a HUGE step forward! CLICK HERE to go to the online application

You can apply for this grant if:

1. You were employed or self employed
2. You were 23 years of age or older, with minor children, or 55 years of age or above, even without minor children
3. You did not own more than 50% of a property or rights to a property in the 2015 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 2,060 and 6,141 you may be eligible for this grant.
5. If you have 3 or more children, and your average monthly income falls between 2,060 NIS and 6,750 NIS, you may be eligible for this grant.

*Some people will be eligible for the grant even if their monthly income falls below the minimum amounts stated above, so please keep that in mind.


The application deadline is September 30, 2016 
UPDATE: The deadline has been extended! You have until December 28, 2016 to apply!

How do you apply? 

In order to apply, all you have to do is fill out the online form OR 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 call *4954 or 1-222-4954 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 range from 80 shekels/month to 720 shekels/month (960 shekels yearly to 8,640 shekels yearly). 

Your spouse's income may affect your eligibility. 

I hope this helps some of you out there! It's worth it to check if you are eligible. (If you're not eligible, that's not a bad thing, really. I know some of you complained to me last year that you were not eligible, but that means you are earning more money than the people this program is supposed to help.)

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

Be sure to check out the other installments in this series:
Part 1
Part 3
Part 4 
Part 5

Series: Financial Assistance in Israel (Part 1)

I have fielded many questions lately about getting financial assistance in Israel, for people who earn low wages.

Sometimes it happens that the only jobs available are minimum wage jobs - it happens a lot, especially in the area of the country where I live. You may also have found that until your Hebrew improves, your job options are severely limited.

As such, it's really hard to make ends meet, for many, many individuals and families.

I'm going to post a series of posts about government and other programs that will provide some assistance to those in need.

This first installment is about Bituach Leumi's Income Support (Havtachat Hachnassa) Benefit.

If you have no work, or only work at a low-wage job, you can apply for Income Support/Income Supplement. This benefit ranges from 1384 NIS to 4400 NIS.

There are a number of conditions for entitlement, so please be aware that not everyone is automatically entitled.

In general, you must be 20 or over, in the country at least 24 months, not in the army, not in a Kollel or College (except for vocational training programs), not a member of a kibbutz, and actively looking for work or for additional or better-paying work (via the Employment Office).

There are also other requirements about car ownership, owning more than one property, and investments, so you really need to read the guidelines carefully. There are also various "special cases" in which one or more requirement is not required.

Bituach Leumi has all the information IN ENGLISH on their website. You can find it here, along with application instructions.

I hope this information helps someone out there - so please share this with anyone who might find this helpful.

Be sure to check out the other installments in this series:
Part 2
Part 3
Part 4
Part 5

New Bank Fee regulations

Good news!

Banks have to stop charging certain fees!

I know you all hate bank fees as much as I do, so I'm sure this will make you happy.

First change: from now on, banks are no longer allowed to charge a transaction fee for purchases you make with your debit card (my bank doesn't do that, but I'm guessing some of you use banks that do).

Second change: If you need an "ishur" that you have an account at the bank, one will be provided free of charge (but if you need more than one in a calendar year, your bank can charge for the second, third, etc).

Third change: Money transfer fees will be capped at the rate of a teller-assisted banking transaction.

Fourth change: The 2 shekel/monthly fee for housing loans is cancelled.

Fifth change: the fee for paying in "tashlumim" (installments) - 50 agurot per installment - will not be charged for any new charges made in tashlumim.

These new regulations should save us all a little bit of pocket change.