TaxStats for postcode 2135 FY2013

Postcode 2135 includes Strathfield, Strathfield in New South Wales, and is in the federal electorate of Reid.

In FY 2013 the ATO recorded 15,800 individuals in postcode 2135. Of these people, 15,635 made a taxable income or loss. 12,320 of the population paid a gross amount of tax. After tax offsets, 11,320 people actually paid a net amount of tax. There were 4,315 non-taxable people who paid net tax of $0.

Compare TaxStats of 2135 with NSW

2135 TaxStats FY2013%Ppl#Ppl2135
Avg
2135
Total
Total Individuals100%15,800
Income
Salary or Wage 77%12,215$51,629$630,647,058
Gross Interest61%9,645$3,567$34,403,444
Unfranked Dividends9%1,500$1,302$1,953,707
Franked Dividends26%4,135$12,656$52,333,782
Dividend Franking Credit26%4,120$5,435$22,392,267
Capital Gains4%700$40,894$28,625,598
Termination Payouts1%160$19,965$3,194,433
Tips/Directors Fees etc14%2,200$8,636$19,000,015
Business Income9%1,370$56,957$78,031,750
Foreign Income5%805$1,949$1,568,732
Government payments4%615$5,418$3,331,904
Government pensions3%440$9,769$4,298,321
Total Income or Loss99%15,680$63,424$994,490,315
Deducations
Charitable Gifts26%4,130$874$3,607,777
Cost of Tax Affairs44%6,880$393$2,704,202
Work Car expenses13%2,035$3,073$6,253,617
Work Travel expenses8%1,335$1,238$1,652,968
Self Education expenses5%765$2,777$2,124,189
Total Deductions74%11,695$3,366$39,366,246
Taxation
Taxable Income99%15,635$60,904$952,233,351
Medicare Levy 60%9,540$1,287$12,279,659
Medicare Surcharge 1%180$1,243$223,693
Gross Tax 78%12,320$18,564$228,712,038
Net Tax 72%11,320$20,795$235,395,754
Average Tax 100%15,800 $14,898$235,395,754
Gross Tax Rate 78%12,320 30%$228,712,038
Net Tax Rate 72%11,320 34%$235,395,754
Average Tax Rate 100%15,800 24%$235,395,754
%PPL is rounded Percentage of total individuals used in the average (AVG).
#PPL is the number of individuals used to calculate the average (AVG).
*Tax Rates calculated from Taxable Income.
*Treat each stat/line item separately. Columns while related do not total due to different numbers of people used in each calculation.

The average taxable income was $60,904. It is estimated that the average taxable income for people who paid a net amount of tax was $79545.

The average net tax paid was $20,795. This equates to an average tax of 34 cents in the dollar on taxable income.

The Medicare levy was paid by 9,540 people for an average of $1,287. 180 people paid $1,243 on average more for the Medicare surcharge.

12,215 people earned a salary or wage and took home an average of $51,629 each.

Government allowance and payments were collected by 615 people for on average $5,418. 440 people received the pension or other allowance.

Charitable gifts and donations of an average of $874 were made by 4,130 people.

The costs of tax affairs for 6,880 people were claimed for $393 each.