TaxStats for postcode 2178 FY2013

Postcode 2178 includes Cecil Park, Cecil Park, Kemps Creek, Kemps Creek, Mount Vernon, Mount Vernon in New South Wales, and is in the federal electorate of Fowler.

In FY 2013 the ATO recorded 1,840 individuals in postcode 2178. Of these people, 1,830 made a taxable income or loss. 1,540 of the population paid a gross amount of tax. After tax offsets, 1,400 people actually paid a net amount of tax. There were 430 non-taxable people who paid net tax of $0.

Compare TaxStats of 2178 with NSW

2178 TaxStats FY2013%Ppl#Ppl2178
Avg
2178
Total
Total Individuals100%1,840
Income
Salary or Wage 76%1,390$48,620$67,582,492
Gross Interest60%1,095$2,739$2,999,022
Unfranked Dividends7%125$832$104,041
Franked Dividends26%480$14,916$7,159,916
Dividend Franking Credit26%480$6,392$3,068,118
Capital Gains4%75$20,546$1,540,973
Termination Payouts1%20$4,797$95,941
Tips/Directors Fees etc19%355$6,813$2,418,598
Business Income10%180$22,387$4,029,601
Foreign Income3%55$329$18,110
Government payments4%65$6,414$416,938
Government pensions3%60$9,647$578,840
Total Income or Loss99%1,830$57,325$104,904,505
Deducations
Charitable Gifts31%570$371$211,420
Cost of Tax Affairs50%915$314$287,132
Work Car expenses23%430$3,163$1,360,268
Work Travel expenses8%150$2,120$317,981
Self Education expenses4%70$1,739$121,763
Total Deductions79%1,450$2,911$4,221,620
Taxation
Taxable Income99%1,830$54,949$100,556,227
Medicare Levy 73%1,340$1,023$1,370,313
Medicare Surcharge 1%25$1,026$25,660
Gross Tax 84%1,540$13,774$21,211,429
Net Tax 76%1,400$15,615$21,860,772
Average Tax 100%1,840 $11,881$21,860,772
Gross Tax Rate 84%1,540 25%$21,211,429
Net Tax Rate 76%1,400 28%$21,860,772
Average Tax Rate 100%1,840 22%$21,860,772
%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 $54,949. It is estimated that the average taxable income for people who paid a net amount of tax was $68140.

The average net tax paid was $15,615. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 1,340 people for an average of $1,023. 25 people paid $1,026 on average more for the Medicare surcharge.

1,390 people earned a salary or wage and took home an average of $48,620 each.

Government allowance and payments were collected by 65 people for on average $6,414. 60 people received the pension or other allowance.

Charitable gifts and donations of an average of $371 were made by 570 people.

The costs of tax affairs for 915 people were claimed for $314 each.