Income Tax Ordinance Amendment (Deduction for Childcare Expenses) Bill
Translated from Hebrew: הצעת חוק לתיקון פקודת מס הכנסה (ניכוי בגין הוצאות טיפול בילדים)
TL;DRAn amendment to the Income Tax Ordinance allowing parents to deduct childcare expenses for young children from their taxable income, on condition of business activity or employment.
Translated from Hebrew
What does the bill do?
The bill allows one of the parents to deduct amounts paid for the care of young children (from 3 months to 3 years old, or until the end of the school year), up to set amounts: up to 20,000 shekels a year in total. The conditions include a requirement that both spouses, or one of them (being self-employed), work or are engaged in a company or self-employed business for at least 70 hours a week (or 35 hours for a self-employed person), and that these expenses are paid in accordance with the provisions of family law on child support.
The votes on this bill
Coalition 68 seats
Left the coalition 8 seats
Opposition 44 seats
Tap an MK for detailsChanged position between readingsOnly MKs who held a seat on the day of the vote are shown