Local tax reforms to benefit students, families with kids

By NADAV SHEMER
December 27, 2011 18:14

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

Students, low-income earners and families with small children were the biggest beneficiaries of municipal tax (arnona) reforms announced by Interior Minister Eli Yishai Tuesday.

Under the reforms, which were based on the recommendations of a committee led by former ministry director-general Dov Kahat, the income threshold for families eligible for arnona discounts will increase by 25 percent.

Accredit non-profit organizations and students living in dormitories will be granted an across-the-board 66% municipal tax reduction, while a government decision to give reserve soldiers a 5% discount will also be implemented.

New considerations will be taken into account when calculating family concessions. Children aged under five will be counted twice, and families with handicapped individuals will also be eligible for larger reductions. Payments to reserve soldiers, higher education tutorial costs and tax-free scholarships will be deducted from annual income when calculating concessions.

Related Content

Breaking news
August 17, 2018
Report: Seven injured, two critically, in Gaza border clashes

By JERUSALEM POST STAFF