Enacted law · Amendment published 31.3.2026 · Estimates

2026 Oleh Tax Benefit Calculator

Under the Encouragement of Aliyah temporary law, qualifying olim and veteran returning residents who arrive between November 5, 2025 and December 31, 2026 receive an exemption on Israeli earned income (יגיעה אישית), up to a cap of ₪1,000,000 per year. Enter your expected income to see the difference.

Tax without benefit
YOU SAVE / YEAR
Tax with benefit
Tax-exempt portion
Taxable income after exemption
Basic tax credit points for an Israeli resident are 2.25 (2.75 for women). New olim receive additional credit points during their first years in Israel — these vary by arrival date and are not included by default; add them above to refine the estimate.

How this is calculated

The calculator applies Israel's 2026 income tax brackets as amended by Amendment 288 (published March 31, 2026, retroactive to January 1): 10% to ₪84,120/yr, 14% to ₪120,720, 20% to ₪228,000, 31% to ₪301,200, 35% to ₪560,280, 47% to ₪721,560, plus the 3% surtax (mas yesef) above that threshold. The benefit exempts your Israeli earned income up to the annual cap, and remaining income is taxed at the rates that would apply to the top slices — which is why the saving is largest for high earners. In the year of arrival, the cap is prorated to your period of Israeli residency (not modeled here; assume a full year for planning).

This tool models the flagship exemption years. The benefit tapers in later years of the program (2028–2030) under a reduced schedule; professional sources describe the reduction differently, so this calculator deliberately shows the full-exemption picture — treat later years as smaller. Not tax advice; the law includes eligibility conditions (e.g., prior years abroad) that only a professional can confirm for your case.