Tuesday, October 3, 2023

Ma'anak Avodah 2022 (Reverse-Tax 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 some people can also apply for the 2021 grant. 
  
Updated information for the 2022 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 2,240 and 6,750 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 1,380 and 10,230 NIS to qualify×¥
 

5. If you have 3 or more children, and your average monthly income falls between 2,240 NIS and 7,400 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 1,380 and 12,480 NIS per month.

*children who are counted are those who are under the age of 19 as of 31/12/2022

How do you apply? 


Online, if you have applied at least once in the last TWO years.

If you have not applied in the last 2 years, all you have to do is 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 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 13,104 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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