Billions of shekels waiting at the Tax Authority: How to claim your entitlement by the end of the year

Billions of shekels in unclaimed tax refunds are waiting at the Israel Tax Authority, with eligibility for the 2020 tax year set to expire on December 31, 2026. The Tax Authority reports that about 90% of refund requests result in an actual payout. The article details who is eligible, how to submit a request, and what to watch out for.

Billions of shekels in unclaimed tax refunds are waiting at the Israel Tax Authority, but eligibility for the 2020 tax year is set to expire on December 31, 2026. The Tax Authority reports that about 90% of refund requests result in an actual payout, plus statutory interest and linkage. The average tax refund in Israel ranges from 9,000 to 9,500 shekels, but amounts can range from 200 shekels to 60,000 shekels. The article details who may be eligible for a refund, including employees who did not complete a full work year, those who changed employers, parents, people with disabilities, donors to recognized charities, and more. It also explains how to submit a request, what to watch out for, and the concern about discovering a debt instead of a refund—authority data shows only 2.7% to 3.7% of requests result in a debt.

Billions of shekels waiting at the Tax Authority: How to claim your entitlement by the end of the year