Towards a few more social measures in Israel?
The first installment of the work tax credit for the 2025 tax year will be paid as early as tomorrow, Thursday, by the Israeli tax authority. A total of approximately 260 million shekels will be…
Assessment
Israel's tax authority is disbursing the first installment of a work tax credit for fiscal year 2025, totaling 260 million shekels to roughly 130,000 low-income employees and self-employed workers. The payment targets those meeting strict age and family criteria, suggesting a focused effort to support specific vulnerable groups. This move signals a potential expansion of social safety nets, though the long-term impact on inequality will depend on whether such measures become routine or remain one-off.