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!

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Negative Income Tax (2014 update)

Just a friendly reminder about the negative income tax for 2013. 

**October UPDATE: the deadline has been extended to December 26, 2014**

All the information is available in Hebrew on the official income tax website, but I'll summarize it in English for you.

This is basically a tax refund for working families. There are various qualifications to meet - basically someone who works and is age 23+ with children under the age of 18, or age 55+, even without children. This program is open to people who earned, on average, no less than 2050 shekels per month and no more than 6109 shekels per month for families with one or two children, and no more than 6717 shekels per month for families with 3 children and up.

The deadline to file based upon your 2013 earnings is September 30, 2014 It's easy. Just go into the post office (not all post offices do all tasks, please verify which branch to use), with your Teudat Zehut and your bank account information (take a check, everything they need is on there, or get a letter from your bank, the banker will have a form to fill out and stamp if you don't have a check. Just knowing your account # and branch # isn't enough, it needs to be "official".). Let the clerk know that you want to apply for "mas shleelee". Answer a few questions, and then go home. Your approval may take a few weeks, and you'll be given instructions for checking the status online.

Even if some months you earned more, if you were unemployed or under-employed for part of the time, you may qualify. In some cases, people who are (legally) self-employed qualify as well... If you were employed by a relative, you are not allowed to claim this benefit. If you have questions about this program, please call the tax authority at *4954. Check it out and see if you qualify! Some people will get a nice big "refund" and others will just get a token amount. Still many others will not qualify, because they are decently employed.

B'hatzlacha. 

Please share this information with all of your English speaking friends, so those who qualify won't miss out.

And if you find me on Facebook, you'll be sure to stay up to date!

Negative Income Tax Update

Update: the deadline for applying for Negative income tax (for the 2012 tax year) has been extended again!
The new deadline is Dec 27, 2013.
If you haven't yet applied for it and think you qualify, please take a few moments to get this taken care of!
I'm reposting my original post about this below, so you can find all the  information you need!

Tuesday, August 20, 2013

Negative Income Tax (Israel)

--- Retrieved from http://www.kosherfrugal.com/2013/08/negative-income-tax-israel.html ---

--- Retrieved from http://www.kosherfrugal.com/2013/08/negative-income-tax-israel.html ---

Just a friendly reminder about the negative income tax for 2012. This is basically a tax refund for working families. There are various qualifications to meet - basically someone who works and is age 23+ with children under the age of 18, or age 55+, even without children. The deadline to file based upon your 2012 earnings is September 30, 2013.

--- Retrieved from http://www.kosherfrugal.com/2013/08/negative-income-tax-israel.html ---
It's easy. Just go into the post office (not all post offices do all tasks, please verify which branch to use), with your Teudat Zehut and your bank account information (take a check, everything they need is on there, or get a letter from your bank, the banker will have a form to fill out and stamp if you don't have a check. Just knowing your account # and branch # isn't enough, it needs to be "official".). Let the clerk know that you want to apply for "mas shleelee". Answer a few questions, and then go home. Your approval may take a few weeks, and you'll be given instructions for checking the status online.
This program is open to people who earned, on average, no less than 2041 shekels per month and no more than 6645 shekels per month (the exact amount that will qualify you depends upon various factors). Even if some months you earned more, if you were unemployed or under-employed for part of the time, you may qualify. In some cases, people who are (legally) self-employed qualify as well... If you were employed by a relative, you are not allowed to claim this benefit.

If you have questions about this program, please call the tax authority at *4954.
Check it out and see if you qualify! Some people will get a nice big "refund" and others will just get a token amount. Still many others will not qualify, because they are decently employed.

B'hatzlacha. 

UPDATE: The deadline for the 2012 tax year has been extended to November 30, 2013!

--- Retrieved from http://www.kosherfrugal.com/2013/08/negative-income-tax-israel.html ---

If you found this post informative/useful/important, etc, please follow this blog (links on the right!) and find us on Facebook!   

Negative Income Tax (Israel)

Just a friendly reminder about the negative income tax for 2012. This is basically a tax refund for working families. There are various qualifications to meet - basically someone who works and is age 23+ with children under the age of 18, or age 55+, even without children. The deadline to file based upon your 2012 earnings is September 30, 2013.
It's easy. Just go into the post office (not all post offices do all tasks, please verify which branch to use), with your Teudat Zehut and your bank account information (take a check, everything they need is on there, or get a letter from your bank, the banker will have a form to fill out and stamp if you don't have a check. Just knowing your account # and branch # isn't enough, it needs to be "official".). Let the clerk know that you want to apply for "mas shleelee". Answer a few questions, and then go home. Your approval may take a few weeks, and you'll be given instructions for checking the status online.
This program is open to people who earned, on average, no less than 2041 shekels per month and no more than 6645 shekels per month (the exact amount that will qualify you depends upon various factors). Even if some months you earned more, if you were unemployed or under-employed for part of the time, you may qualify. In some cases, people who are (legally) self-employed qualify as well... If you were employed by a relative, you are not allowed to claim this benefit.

If you have questions about this program, please call the tax authority at *4954.
Check it out and see if you qualify! Some people will get a nice big "refund" and others will just get a token amount. Still many others will not qualify, because they are decently employed.

B'hatzlacha. 

UPDATE: The deadline for the 2012 tax year has been extended to November 30, 2013!

If you found this post informative/useful/important, etc, please follow this blog (links on the right!) and find us on Facebook!