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Corona Virus crisis in Israel - Help for self-employed and salaried workers

Olé Hadash tax benefits Tax treaty France - Israel Support for olim Cabinet Expert Comptable Dray & Dray

Assistance for self-employed and salaried workers in Israel

Hello everyone, here's a brief update on news in Israel following the Corona Virus crisis.

Yesterday, the government decided on a package of benefits for the entire Israeli business sector.

These new benefits apply both to self-employed workers in Israel, and to employees in Israel's public and private sectors.

Here is a brief summary:

Discover the summary of the article in this video:

Compensation for self-employed workers in Israel.

1. Subsidy for self-employed workers in Israel up to 6,000 shekels. The guidelines and conditions for obtaining this are still not defined. We will keep you informed as soon as the authorities issue clear instructions and guidelines on this subject.

2. Employers may send their employees on unpaid leave. The duration of unpaid leave must not be less than 30 days. Employees on unpaid leave can receive unemployment benefit If they have more than 6 payslips in the last 18 months of employment. (Instead of 12 months out of 18 under "classic" conditions).

Any employee who registers with the employment office before 19/03/2020 will see his status as having been registered on 15/03/2020. They will therefore receive higher unemployment benefits.

Postponement of VAT payments in Israel

3. Postponement of VAT payment in Israel to 28.4.2020 instead of the initially planned date of 27/03/2020.

4. Concerning Bitouah Leoumi installment payments as a self-employed person in Israel. (Ossek Patour / Ossek Mourché) It is strongly recommended to contact the administration and ask for a postponement / freeze of payments. samples. Make sure that your social security rights are not affected by this freeze. Bitouah Léoumi remains an insurance policy, and in these "unprecedented" times, it's important to make sure you're covered in the event of a problem.

4. Concerning state-guaranteed loans to help companies get through this unprecedented situation, the government has decided to reduce the amount of guarantee capital required. (10% instead of the usual 25%).

5. Any company with more than 10 employees must inform at least 70% of its workforce that they are either laid off or have to work from home.

If there are fewer than 10 of you, you can continue to work while respecting the mandatory 2-metre distance.

As you can easily understand, instructions are not always clear, so we strive to keep you informed as quickly as possible, with reliable information and verified sources.

If there are any forms to fill in, or exact details of the various allowances granted to the self-employed in Israel following the Corona crisis, we'll send you an update.

We wish good health to everyone reading this.

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Our firm specializes in Israeli accounting and taxation, with in-depth expertise in Olim Hadashim benefits and tax optimization.

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Our consultants in Jerusalem

English speaking accountants in Israel
Address: Kanfei Nesharim 68. Merkaz Oranim
Phone number: 02 631 9000
Fax: 02 631 9005
Email: office@cpa-dray.com