Israeli Tax Authority Distributes NIS 260 Million in Work Grants to 130,000 Eligible Recipients
Translated & summarized from Ynet by baba
The Israeli Tax Authority is distributing NIS 260 million today to 130,000 eligible recipients as the first installment of the 2025 Work Grant, aimed at supporting low-income workers. Eligible employees and self-employed individuals can apply online, with additional provisions for parents of toddlers and older women.
The story in 6 lines · by baba
- 130,000 eligible recipients receive first 2025 Work Grant installment today totaling NIS 260 million.
- Work Grant supports low-wage workers and aims to reduce socio-economic disparities.
- Eligible recipients include employees and self-employed aged 21+, parents or those 55+ without children.
- Additional grant available from 2024 for parents of toddlers.
- Women over 60 born after 1960 can apply for grant and 2026 advance payment.
- Applications for 2024 Work Grant accepted online until December 31, 2026.
On Thursday, approximately 130,000 eligible Israeli citizens will receive the first installment of the 2025 Work Grant (negative income tax) directly into their bank accounts. The total payout amounts to around NIS 260 million. The grant, which can reach several thousand shekels annually depending on the claimant's circumstances, is intended to improve the financial situation of low-wage workers, reduce socio-economic gaps, and incentivize workforce participation.
The Israeli Tax Authority is processing these payments today for the 2025 eligibility year. The Work Grant is paid in multiple installments, with the first installment disbursed on July 15 of the eligibility year. Eligible recipients include employees and self-employed individuals aged 21 and over who are parents, or those aged 55 and above without children, provided their income meets the criteria outlined in the 2025 Work Grant guide.
Starting in 2024, an additional grant is available for workers who are parents of toddlers. Furthermore, employed women born after January 1, 1960, who are over 60 years old and meet other criteria, can apply for both the Work Grant and an advance payment for the 2026 eligibility year. Applications for the 2024 Work Grant remain open online through the Tax Authority’s website until December 31, 2026. The application process is straightforward and fully digital.
