Severance Pay
Found 5 recent publications
The legal nightmare with Migdal: Received 382,000 shekels — and was forced to return every shekel
A dramatic court ruling reveals how an erroneous distribution of compensation funds after death led to a demand for immediate restitution, and clarifies who is truly entitled to the funds accumulated in the deceased's policy.
The legal trick that will save you tens of thousands of shekels from the Tax Authority
Employees who finish a period of employment and receive large grants at once can use a special mechanism that will prevent the payment of a marginal tax of up to 50 percent, but one mistake in planning could cost dearly.
Did you receive a large grant? The move that will save you tens of thousands of shekels in taxes
Ending employment is sometimes accompanied by receiving a retirement grant or a large sum of money. Apparently, this is money subject to tax of up to 50%, but under certain conditions you can save tens of thousands of shekels net. This is how the "tax spreading" method works.
The benefits battle: The Treasury stopped payments to the Military Advocate General, contrary to the Chief of Staff's decision
Exposure: Zamir decided that Tomer-Yerushalmi would receive the conditions of IDF retirees worth millions of shekels and that only the "Chief of Staff's increments" would be withheld from her - but the Accountant General at the Treasury stopped the decision. Professional sources believe that it is necessary to first understand where the criminal proceedings are heading, after which Zamir himself...
"Golden Parachute": Departing ministers and MKs will receive an adjustment grant of up to 312,000 shekels
The Likud primaries have resulted in 17 ministers and Knesset members leaving the legislature. All departing MKs will receive a substantial adjustment grant, reaching up to 312,000 shekels depending on their tenure.