Treasury vows to compensate workers in South

Israelis living within 7km of Gaza to receive full compensation for work missed in accordance with IDF instructions.

Finance Minister Yuval Steinitz 370 (photo credit: Marc Israel Sellem)
Finance Minister Yuval Steinitz 370
(photo credit: Marc Israel Sellem)
Israelis who reside within seven kilometers of the Gaza Strip will receive full compensation for all work days they miss in accordance with IDF Home Front Command instructions, the Finance Ministry said on Thursday.
Parents of children aged 14 and under who reside within 40 kilometers of Gaza will also be compensated for missing work according to Israel Tax Authority (ITA) criteria, following the Home Front Command’s order to cancel all studies in the area.
Finance Minister Yuval Steinitz and Treasury officials held an emergency discussion on Thursday, one day after the IDF launched of Operation Pillar of Defense.
The officials agreed to use all means at their disposal to ease the financial burden on residents of the South, and said they would invite business representatives and Histadrut labor federation officials to further discussions on the matter.
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ITA director Doron Arbeli announced that all people residing within the 40-kilometer range will be granted a six-day extension to November 21 to hand in periodical tax returns. This applies to statements on value-added tax, advanced income tax payments and income tax deductions. The ITA said it has enlisted reinforcements in the South, in order to provide a suitable response to all residents who suffer property damage as a result of rocket fire from Gaza.
The Industry, Trade and Labor Ministry issued a statement that all southern residents should report to work unless ordered to do otherwise by the Home Front Command. The ministry opened a telephone hotline (1800-201-180) with information about work rights and duties during times of emergency and instructions to employees of factories deemed as “essential” to national security.
The Israel Export Institute set up an emergency room in its Tel Aviv office to allow firms affected by the violence to continue operating.
According to the IEI, the major cities within rocket range are home to about 405 companies that export above $50,000 worth of merchandise, and eight that export above $100 million.