The Finance Committee approved increasing the tax exemption ceiling for landlords to NIS 7,500 per month. This is a benefit of thousands of shekels a year, which will also have a positive impact on rising rental prices.
The rationale behind this proposal is to make it easier for owners of a single apartment, who have chosen not to live in an apartment they own, but to rent it out and rent another apartment. The proposal will also help older people who live in assisted living facilities and rent out their apartments.