Recognized Business Expenses 2026: Deduct Every Valid Shekel
Under Section 17 of the Income Tax Ordinance, any expense incurred wholly and exclusively for generating business revenue is recognized for tax deduction purposes.
6 Core Expense Categories Recognized for Tax Deduction:
1. Home Office Operating Expenses
Proportional deduction of electricity, municipal rates (Arnona), internet, and water bills (typically 25% to 33% if operating from home).
2. Professional Fees & Software Subscriptions
100% deduction for CPA fees, legal counsel, cloud software, hosting, domain registration, and CRM tools.
3. Advertising, Marketing & Design
100% deduction for Google Ads, Meta campaigns, website development, print branding, and exhibition stands.
4. Vehicle & Transportation Expenses
45% deduction for private/light vehicles or 100% deduction for heavy commercial vehicles (>3.5 tons).
5. Professional Training & Literature
Deduction for industry seminars, professional courses, textbooks, and trade subscriptions maintaining existing skills.
6. Travel & Client Hospitality
Domestic business travel, foreign business trips within statutory per-diem caps, and client refreshments (80% recognized).
๐ก Critical Tax Rule: Duality of Purpose: Expenses serving both personal and business purposes must be split reasonably with clear accounting documentation.
๐ Want to ensure you're deducting all eligible expenses? Schedule a tax review at 2 Khuri St, Haifa.
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