VAT

'Smotrich is taking us hostage': Small-business owners protest new VAT, customs exemptions

Protesters also warned of the economic implications of the move for local commerce, employment, and business stability in Israel, saying that the move “will be remembered in infamy."

Small-business owners protest outside the Finance Ministry in Jerusalem against the import reform and Finance Minister Bezalel Smotrich, December 23, 2025.
 An illustration showing VAT in 2025.

Your Taxes: Recovering VAT on employee fringe benefits

 Tips jar with money on light wooden table in cafe; illustrative

Service industry staff do not need to pay VAT on tips, Tax Authority confirms

 Mortgage

Steep fall in mortgage taking in Israel in January


Altshuler Shaham to acquire 20%-25% stake in KSP at NIS 2.3 billion valuation

Altshuler Shaham leads institutional investors in acquiring a 20%-25% stake in KSP, valuing the retail chain at NIS 2.3 billion, amid strong financial results and shifting expansion plans.

 KSP Logo

Israeli home purchases by foreign residents jump 50%

In November-December, they purchased 22 apartments at prices of more than NIS 10 million, out of 72 such apartments purchased in 2024, a large part of which were new apartments.

 SCENES FROM Tel Aviv: Checking out apartment prices.

Food chain surprises: "We will absorb the VAT increase"

Carrefour announced it will absorb the VAT increase on 1,700 private label products, including food, pharmaceuticals, toiletries, and fresh meat, chicken, and fish.

 Carrefour Dizengoff Center. The 80th branch in Israel