Israeli Tax Authority to Distribute NIS 260 Million Work Grants to 130,000 Eligible Recipients
Translated & summarized from Globes by baba
The Israeli Tax Authority will distribute NIS 260 million tomorrow to about 130,000 eligible low-income workers as the first installment of the 2025 work grant, aiming to improve economic conditions and encourage employment.
The story in 6 lines · by baba
- Israeli Tax Authority to pay NIS 260 million to 130,000 eligible recipients tomorrow.
- Work grant targets low-income workers meeting legal criteria to reduce economic gaps.
- First payment for 2025 eligibility year scheduled for July 15, with multiple installments.
- Eligibility includes workers aged 21+, parents, and those 55+ without children meeting income criteria.
- Women over 60 born after 1960 can apply for grant and advance payment for 2026.
- Applications for 2024 grant accepted online until end of 2026; 2025 applications open until end of 2027.
The Israeli Tax Authority will transfer approximately NIS 260 million tomorrow to around 130,000 eligible recipients as the first payment for the 2025 work grant year. This grant is paid directly into the bank accounts of low-income workers who meet the legal criteria, aiming to improve their economic situation, reduce socio-economic gaps, and encourage labor market participation.
The work grant is disbursed in several installments based on the application date, with the first payment scheduled for July 15 of the eligibility year. Eligible recipients include employees and self-employed individuals aged 21 and over who are parents or aged 55 and above without children, provided their income meets the guidelines for the 2025 tax year. Starting in 2024, an additional grant is available for workers who are parents of toddlers.
Women employees born after January 1, 1960, aged over 60, can apply for both the work grant and an advance payment for the 2026 eligibility year. Applications for the work grant are submitted online via the Tax Authority's website. Applications for the 2024 grant can still be filed online until December 31, 2026, while applications for the 2025 grant are accepted from January 1, 2026, through December 31, 2027.
The grant amount depends on various factors including earned income, business income, other earnings, spouse’s income, number of children, age, and family status such as single parenthood. The minimum monthly payment for the work grant is NIS 20.
This initiative is part of broader efforts to support low-income workers and promote economic inclusion in Israel.
