TaxStats for postcode 2197 FY2013

Postcode 2197 includes Bass Hill, Bass Hill in New South Wales, and is in the federal electorate of Blaxland.

In FY 2013 the ATO recorded 3,835 individuals in postcode 2197. Of these people, 3,820 made a taxable income or loss. 3,100 of the population paid a gross amount of tax. After tax offsets, 2,815 people actually paid a net amount of tax. There were 1,005 non-taxable people who paid net tax of $0.

Compare TaxStats of 2197 with NSW

2197 TaxStats FY2013%Ppl#Ppl2197
Avg
2197
Total
Total Individuals100%3,835
Income
Salary or Wage 81%3,090$48,106$148,646,382
Gross Interest48%1,825$1,938$3,536,280
Unfranked Dividends6%225$269$60,519
Franked Dividends21%805$2,816$2,267,043
Dividend Franking Credit21%800$1,212$969,780
Capital Gains3%100$10,402$1,040,179
Termination Payouts1%40$20,361$814,432
Tips/Directors Fees etc19%715$4,433$3,169,516
Business Income11%410$21,738$8,912,642
Foreign Income3%105$780$81,882
Government payments9%330$5,640$1,861,161
Government pensions5%205$9,947$2,039,168
Total Income or Loss100%3,820$47,575$181,736,711
Deducations
Charitable Gifts35%1,350$382$516,308
Cost of Tax Affairs56%2,155$222$478,101
Work Car expenses23%900$3,078$2,769,990
Work Travel expenses8%295$1,384$408,250
Self Education expenses4%160$1,892$302,658
Total Deductions79%3,030$2,662$8,065,366
Taxation
Taxable Income100%3,820$45,406$173,452,500
Medicare Levy 69%2,640$857$2,261,163
Medicare Surcharge 1%30$1,115$33,441
Gross Tax 81%3,100$9,830$30,474,503
Net Tax 73%2,815$11,017$31,013,536
Average Tax 100%3,835 $8,087$31,013,536
Gross Tax Rate 81%3,100 22%$30,474,503
Net Tax Rate 73%2,815 24%$31,013,536
Average Tax Rate 100%3,835 18%$31,013,536
%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 $45,406. It is estimated that the average taxable income for people who paid a net amount of tax was $57333.

The average net tax paid was $11,017. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 2,640 people for an average of $857. 30 people paid $1,115 on average more for the Medicare surcharge.

3,090 people earned a salary or wage and took home an average of $48,106 each.

Government allowance and payments were collected by 330 people for on average $5,640. 205 people received the pension or other allowance.

Charitable gifts and donations of an average of $382 were made by 1,350 people.

The costs of tax affairs for 2,155 people were claimed for $222 each.