Every few years, you will be required by the Commission to submit a declaration of assets.
The purpose of the report: check for unexplained increase in your capital … here the tax assessor will ask additional tax.
Professional advice: Do not edit this report alone! Recommended to access an accountant who knew to guide you, and fill your report correctly and professionally.
Statement of capital required to calculate the base tables of living expenses based on income and number of persons, the part that the taxpayer could save.
Leave the professional calculations to the professionals.
You don’t go to court without a lawyer, and you don’t do to the Tax Authority without …a CPA.