Guides

Invoicing, VAT, expenses and the Israel Tax Authority, explained plainly.

• Documents

  The Israel Invoice Model - The Complete Guide to Allocation Numbers

  Everything you need to know about the Israel Invoice reform - who needs an allocation number, how the threshold drops each year, how to connect to the Tax Authority, and what happens when a request fails.

• Documents

  What is an allocation number, and when is it required

  A short guide to the Israel Tax Authority's allocation number - who it affects, how it works, and what happens if the request fails.

• Business status

  Moving from Osek Patur to Osek Murshe - When It's Mandatory and What Changes

  When an osek patur must switch to osek murshe, what the transition actually looks like, and what happens to existing documents and numbering.

• Documents

  Open Format - the export file your accountant asks for, and how to produce it

  What an Open Format file (INI and BKMVDATA) is, when your accountant or the Tax Authority requires it, and how to export it from your bookkeeping system.

• Documents

  Retaining Fiscal Documents - How Long and How

  How long Israeli law requires you to keep invoices and receipts, what separates a fiscal document from ordinary business data, and what happens when you close a business.

• Documents

  Digital Signatures on Accounting Documents - Why the Law Requires Them

  What a digital signature on an invoice or receipt actually is, why Israeli law requires it, and how it differs from a regular PDF.

• Documents

  Credit Note (חשבונית מס זיכוי) - When You Need One and How to Issue It Correctly

  What a credit note is, when you're required to issue one instead of editing or deleting an invoice, and how it affects your VAT report.

• VAT & expenses

  Deductible expenses for freelancers - deduction percentages by category

  Which business expenses freelancers can deduct on income tax and VAT, and at what percentage - car, phone and internet, home office and more.

• VAT & expenses

  The periodic VAT report - how to fill it out, when to file, and what happens if you're late

  A guide to the periodic VAT report for licensed dealers - output VAT versus input VAT, filing deadlines, and late filing.

• Documents

  Tax Invoice, Transaction Invoice, and Receipt - What's the Difference and When to Issue Each

  A guide to the differences between a tax invoice, a transaction invoice, a receipt, and a combined tax-invoice-receipt - which document to issue and when, based on business status and how payment was made.

• Business status

  How to Open an Osek Patur - A Step-by-Step Guide

  A practical guide to opening an osek patur file with the Israel Tax Authority and National Insurance (Bituach Leumi) - required documents, the order of steps, and what to do after opening.

• Business status

  Osek Patur vs Osek Murshe - The Full Differences

  The difference between osek patur and osek murshe in Israel - VAT, invoices, expense deductions, and when you must switch between statuses.