TaxStats for postcode 2138 FY2013

Postcode 2138 includes Concord West, Liberty Grove, Rhodes in New South Wales, and is in the federal electorate of Reid.

In FY 2013 the ATO recorded 9,620 individuals in postcode 2138. Of these people, 9,540 made a taxable income or loss. 7,655 of the population paid a gross amount of tax. After tax offsets, 7,180 people actually paid a net amount of tax. There were 2,360 non-taxable people who paid net tax of $0.

Compare TaxStats of 2138 with NSW

2138 TaxStats FY2013%Ppl#Ppl2138
Avg
2138
Total
Total Individuals100%9,620
Income
Salary or Wage 82%7,900$60,662$479,228,889
Gross Interest65%6,285$2,151$13,519,071
Unfranked Dividends8%800$752$601,603
Franked Dividends23%2,190$5,288$11,581,642
Dividend Franking Credit23%2,185$2,216$4,841,322
Capital Gains4%380$11,660$4,430,859
Termination Payouts2%170$16,055$2,729,412
Tips/Directors Fees etc15%1,435$5,934$8,515,597
Business Income8%795$27,817$22,114,129
Foreign Income5%460$654$300,938
Government payments3%335$4,977$1,667,337
Government pensions2%215$10,250$2,203,710
Total Income or Loss99%9,560$60,141$574,950,725
Deducations
Charitable Gifts31%3,005$509$1,530,829
Cost of Tax Affairs45%4,285$316$1,355,614
Work Car expenses21%2,040$2,846$5,806,739
Work Travel expenses12%1,130$1,260$1,423,413
Self Education expenses7%720$2,830$2,037,655
Total Deductions78%7,490$3,128$23,429,227
Taxation
Taxable Income99%9,540$57,738$550,819,071
Medicare Levy 69%6,615$1,104$7,300,712
Medicare Surcharge 2%170$1,194$203,026
Gross Tax 80%7,655$15,592$119,358,667
Net Tax 75%7,180$17,201$123,503,560
Average Tax 100%9,620 $12,838$123,503,560
Gross Tax Rate 80%7,655 27%$119,358,667
Net Tax Rate 75%7,180 30%$123,503,560
Average Tax Rate 100%9,620 22%$123,503,560
%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 $57,738. It is estimated that the average taxable income for people who paid a net amount of tax was $72771.

The average net tax paid was $17,201. This equates to an average tax of 30 cents in the dollar on taxable income.

The Medicare levy was paid by 6,615 people for an average of $1,104. 170 people paid $1,194 on average more for the Medicare surcharge.

7,900 people earned a salary or wage and took home an average of $60,662 each.

Government allowance and payments were collected by 335 people for on average $4,977. 215 people received the pension or other allowance.

Charitable gifts and donations of an average of $509 were made by 3,005 people.

The costs of tax affairs for 4,285 people were claimed for $316 each.