People who run their own small business in Israel deals with two payments that sit outside income tax. The first covers National Insurance and health tax. The second is the mandatory pension contribution that became law in 2017.Both are usually treated as another tax, though each one purchases something concrete. The National Insurance calculation runs across two brackets, capped at a ceiling, with the pension deposit handled separately up to the average national wage. Ogen site The point that matters most is simple. Declaring an income lower than the real figure reduces the monthly payment, while also cutting down any future allowance. Benefits are calculated from the income reported in the period before the event.There is a full written guide, plus a calculator that breaks down the monthly payment.