The distribution of Corona grants is already underway, all citizens are eligible. There are additional payments for the children and also increased grants for pension recipients. According to social security announcements and publications, most of the grants were transferred to citizens’ bank accounts, but in practice thousands of people did not receive the money.
The distribution is carried out by the National Insurance Institute. According to the publications, grants totaling 1.78 billion shekels were distributed and according to announcements from the National Insurance, they completed most of the distribution. Therefore, if you have not yet received the grant so that you can understand why. So that you don’t waste your time in long waits and internet searches, we have put together tips, explanations and useful tips for you.
So let’s do some tidying up
• If you have children you should have received a children’s grant according to the following calculation, a grant of 500 NIS for each child up to the fourth and an amount of 300 NIS for each child aged 5 and older. The grant was transferred to the same bank account where child allowance is entered until 2/08/2020. The division is already over.
• If you are a resident of Israel over the age of 18, you are entitled to receive a grant of NIS 750. The grant is paid to the bank account that is updated with the National Insurance. This grant has also already been paid.
• If you received an allowance from the National Insurance in July, you are entitled to an increased grant of an additional NIS 1,500 per couple or each, depending on the type of allowance you receive. Below is a partial list of the eligible allowances (disability, income security, alimony and more), a full list can be found on the National Insurance website at the following link: this grant has also already been paid.
So why didn’t you get it?
One of the common reasons is that your bank account is not updated with National Insurance or that old and irrelevant details are updated. If you update your bank account details you can receive the grant. Like Chen, it is very important that all your National Insurance details be updated. For example, every citizen received an SMS that the funds are going to come in, if you did not receive the message it could be a sign that your mobile phone is also not updated. Updating social security details is done in several ways, the easiest of which is to enter a personal area on the social security website. You can register for a personal area digitally in exactly 5 minutes at the following link:
In addition, on the social security page there is a detailed explanation of the grants and a link to the calculator:
A warm recommendation for your peace of mind, always make sure your National Insurance details are up to date.
The second reason is if your income exceeded the ceiling of NIS 649,560 in the annual report for 2019 or if the report has not yet been submitted to the Income Tax or NIS 641,880 in the annual report for 2018. It is important to note that something essential for people whose income has been significantly affected by Corona. In the normal situation in the month of August, most of the people who are required to report have not yet submitted the report for the last tax year, but this year we are working hard to help our clients submit the reports ahead of time so that they are entitled to their grants both as self-employed and as citizens.
The third reason for not receiving the grant is that you have not yet submitted a report for 2018 to the income tax. The submission date for the 2018 reports has long passed, for every month of delay in submission there is a fine. In final cases, if the business is closed, the reporting obligation can be canceled retroactively. You can find out if this is your case in several ways, the easiest in our opinion, by giving a power of attorney to a representative (tax consultant or CPA) who can do all the actions for you quickly and efficiently.
In conclusion, it is important for us to say that we are here for any question, always available to help and assist.