What are you paying in income tax advances?
The advance is a percentage of turnover, not of profit. Enter your turnover and the advance rate you were given, and see the monthly payment, the annual total, and the gap against the tax you actually expect to owe.
How the rate is set, when you pay, and how to ask for a reduction are covered in the income tax advances guide.
The monthly payment
The rate appears on the assessing officer's notice and in your Tax Authority account.
You can estimate it in the annual net calculator.
What rate last year implies
The assessing officer derives the rate from the ratio between the tax you actually paid and that year's turnover. This shows the same ratio, so you can tell whether the rate you were given still makes sense.
A higher rate than the one you were given points to a bill at year end. A much lower one means you are financing the Tax Authority, and you can ask for a reduction using form 2216א.
This calculator is an estimate, not tax advice. The advance rate is set by the assessing officer, and any change is requested through them. Full detail in the income tax advances guide.
Turnover without hunting for it
Slate shows monthly turnover straight from the documents you issued, ready for the advance report.
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