Glossary entry

Hebrew term or phrase:

משכורת ללא סוציאליאות

English translation:

salary without social benefits

    The asker opted for community grading. The question was closed on 2015-04-02 06:54:30 based on peer agreement (or, if there were too few peer comments, asker preference.)
Mar 29, 2015 16:17
9 yrs ago
8 viewers *
Hebrew term

משכורת ללא סוציאליאות

Hebrew to English Bus/Financial Law: Taxation & Customs Withholding tax Form 106
Here I am not sure if this refers to income WITHOUT deductions for social benefits/fringes OR EXEMPT FROM deduction. This is a slight but important distinction. In other words there is gross salary and maybe a portion is exempted form deductions for the Provident fund/kupat gemel, etc...This is under the general heading in the withholding form of קופות גמל...The answer would depend on how the tax code intends ...
Proposed translations (English)
3 +2 salary without social benefits

Proposed translations

+2
20 mins
Selected

salary without social benefits

. קופות גמל – משכורת ללא סוציאליות – סך כל התשלומים בגינם לא מופרש לקופות הגמל – כגון נסיעות, בונוסים, הבראה וכד'.

[סה"כ הכנסה מבוטחת + משכורת ללא סוציאליות = הכנסת עבודה]

http://www.feex.co.il/robinhood/טופס-106/
Note from asker:
The link is very helpful!! Thanks. So no social benefits would be figured on that portion of the salary. Looking some more I find that the amount under this heading is the same as the 35% credit to Kupot gemel...This leads me to think it is a portion of income that is exempt from taxation that goes to Kupot Gemek. Thoughts?
Peer comment(s):

agree David Greenberg
10 mins
Thanks a lot!
agree Sergio Kot
26 mins
Thanks a lot!
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4 KudoZ points awarded for this answer. Comment: "This was a great help. Thanks!!"
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