TaxStats for postcode 2212 FY2013

Postcode 2212 includes Revesby, Revesby Heights, Revesby Heights, Revesby North in New South Wales, and is in the federal electorate of Banks.

In FY 2013 the ATO recorded 7,915 individuals in postcode 2212. Of these people, 7,875 made a taxable income or loss. 6,535 of the population paid a gross amount of tax. After tax offsets, 6,045 people actually paid a net amount of tax. There were 1,830 non-taxable people who paid net tax of $0.

Compare TaxStats of 2212 with NSW

2212 TaxStats FY2013%Ppl#Ppl2212
Avg
2212
Total
Total Individuals100%7,915
Income
Salary or Wage 83%6,600$52,897$349,121,488
Gross Interest55%4,320$1,718$7,420,209
Unfranked Dividends6%510$548$279,691
Franked Dividends25%1,970$2,753$5,423,021
Dividend Franking Credit25%1,965$1,178$2,314,336
Capital Gains3%275$12,004$3,301,081
Termination Payouts1%95$14,901$1,415,601
Tips/Directors Fees etc19%1,500$3,933$5,900,096
Business Income8%630$20,123$12,677,345
Foreign Income3%240$561$134,602
Government payments6%445$5,492$2,443,963
Government pensions5%365$9,802$3,577,820
Total Income or Loss100%7,885$52,074$410,603,059
Deducations
Charitable Gifts38%3,045$440$1,338,320
Cost of Tax Affairs53%4,230$231$975,197
Work Car expenses23%1,800$2,793$5,028,171
Work Travel expenses9%700$1,272$890,191
Self Education expenses5%410$1,686$691,380
Total Deductions82%6,490$2,495$16,189,522
Taxation
Taxable Income99%7,875$50,023$393,927,845
Medicare Levy 73%5,770$922$5,318,088
Medicare Surcharge 1%70$1,043$73,008
Gross Tax 83%6,535$11,335$74,074,241
Net Tax 76%6,045$12,580$76,047,387
Average Tax 100%7,915 $9,608$76,047,387
Gross Tax Rate 83%6,535 23%$74,074,241
Net Tax Rate 76%6,045 25%$76,047,387
Average Tax Rate 100%7,915 19%$76,047,387
%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 $50,023. It is estimated that the average taxable income for people who paid a net amount of tax was $61533.

The average net tax paid was $12,580. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 5,770 people for an average of $922. 70 people paid $1,043 on average more for the Medicare surcharge.

6,600 people earned a salary or wage and took home an average of $52,897 each.

Government allowance and payments were collected by 445 people for on average $5,492. 365 people received the pension or other allowance.

Charitable gifts and donations of an average of $440 were made by 3,045 people.

The costs of tax affairs for 4,230 people were claimed for $231 each.