On video: Damage to a rehabilitation day center in Kiryat Shmona, January 11, 2024/Video and stills photography credit: Kiryat Shmona municipality spokesperson
Starting today: business owners in Safar settlements in the south and north can apply for advance payments for compensation for the indirect damage caused to them due to the war also for January-February 2024, the tax authority announced.
Business owners in Sefer settlements in the south and north of the country who were evacuated according to government decisions and in Sefer settlements in the conflict line area, who suffered indirect damage due to the war and who meet the eligibility conditions for payment of compensation according to property tax regulations, including cessation of activity, are entitled to the advance payment.
A complete list of the localities that qualify for an advance appears on the Tax Authority's website.
According to the law, business owners in Safar settlements who suffered economic damage due to war can claim full compensation for the economic damage caused to them - indirect damage (ie not damage caused by, for example, a missile hitting the business).
More often than not, these businesses are forced to wait until the end of the fighting in order to be able to assess the full damage caused to them and claim compensation.
Through the distribution of advances, the tax authority tries to ease the cash flow situation of these business owners.
Closed shops in Kiryat Shmona.
Applications can be submitted until the end of March/Reuben Castro
In order to receive the advance, business owners whose business address is in those localities must notify through the system that they are requesting an advance and declare that they will later file a claim, from which the amount of the advance they will receive will be deducted.
The Tax Authority, based on the data in its possession, will make a calculation in two tracks (salary and cycles) and pay the maximum advance (with the exception of business owners from certain branches who will receive an advance according to the calculation of a salary track).
The advance ceiling is 1 million shekels, and applications for the advance can be submitted until March 31, 2024. At the same time, it is still possible to submit an application for advances for the months of November-December 2023, until February 29, 2024
. For the months of October-December 2023. Of this, advances were paid in 10,085 cases for a total amount of over NIS 1.2 billion."
More on the same topic:
Internal Revenue Service
Compensation
property tax
War of Iron Swords
Gaza war