VAT

Finance Ministry austerity plan revealed: Rent tax and tax credits for parents

Despite the lack of a government, senior Finance Ministry officials are already preparing the 2027-2028 budget, seeking austerity measures to cover massive defense spending.

Money bills.
Israel's Tax Authority prepares a NIS 10B reform.

Tax Authority prepares a NIS 10 Billion economic plan for the incoming government

Law enforcement arrests a member of the Hariri crime organization on suspicion of extortion, threats, and the planting of explosive devices.

Your Taxes: How Israeli businesses can claim compensation for protection money damage

An illustrative image of menstrual care products

The case for Israel to subsidize menstrual products - opinion


Service industry staff do not need to pay VAT on tips, Tax Authority confirms

The Tax Authority had initially decided to begin enforcing VAT on tips from June 1, 2025, onwards, but this decision was successfully reversed.

 Tips jar with money on light wooden table in cafe; illustrative

Steep fall in mortgage taking in Israel in January

Compared with January 2024, mortgage taking was up 30% and up 15% from January 2023.

 Mortgage

Altshuler Shaham to acquire 20%-25% stake in KSP at NIS 2.3 billion valuation

Altshuler Shaham leads institutional investors in acquiring a 20%-25% stake in KSP, valuing the retail chain at NIS 2.3 billion, amid strong financial results and shifting expansion plans.

 KSP Logo

Israeli home purchases by foreign residents jump 50%

In November-December, they purchased 22 apartments at prices of more than NIS 10 million, out of 72 such apartments purchased in 2024, a large part of which were new apartments.

 SCENES FROM Tel Aviv: Checking out apartment prices.

Food chain surprises: "We will absorb the VAT increase"

Carrefour announced it will absorb the VAT increase on 1,700 private label products, including food, pharmaceuticals, toiletries, and fresh meat, chicken, and fish.

 Carrefour Dizengoff Center. The 80th branch in Israel