VAT, Income Tax and National Insurance payments are accepted at all post office branches, via a check from any bank, and without a teller’s fee.
These payments can be paid using a check that is deferred to the 15th of the month, from the first of the month to the 14th of the month.
Business owners that need to make numerous payments (more than 10 payments) are invited to use the “business envelope” that is available and distributed at the branches, insert all the payments into the envelope and attach a check drawn out for payment on that day, and avoid standing in line at the branch.
VAT, Income Tax and National Insurance payments can also be made using a postdated check dated the 15th of the month.
We wish to note several changes in the bills payment system as of February 2006.
According to the instructions of the Bank of Israel, as of 21.2.2006, the definition of a banking business day will change.
From this date on, a banking business day in the Israeli banking system will end as follows:
Sundays to Thursdays: At 18:30
Fridays and holiday eves: At 14:00
Payments that will be entered into the Postal Bank’s register after the end of the business day will be considered and calculated as having been paid on the next business day.
For your convenience, the Postal Bank enables you to execute payments to VAT, Income Tax and National Insurance as of the 1st of the month and until the 14th of the month using a postdated check for the last payment date on the same month. Please utilize this service in order to avoid missing the last payment date, and avoid fees and charges. Business envelopes for payments of VAT, Income Tax and National Insurance will only be accepted for handling until the 14th of the month. |