TaxStats for postcode 2143 FY2013

Postcode 2143 includes Birrong, Birrong, Potts Hill, Potts Hill, Regents Park, Regents Park in New South Wales, and is in the federal electorate of Blaxland.

In FY 2013 the ATO recorded 3,810 individuals in postcode 2143. Of these people, 3,785 made a taxable income or loss. 3,020 of the population paid a gross amount of tax. After tax offsets, 2,760 people actually paid a net amount of tax. There were 1,025 non-taxable people who paid net tax of $0.

Compare TaxStats of 2143 with NSW

2143 TaxStats FY2013%Ppl#Ppl2143
Avg
2143
Total
Total Individuals100%3,810
Income
Salary or Wage 80%3,045$47,270$143,938,143
Gross Interest49%1,885$1,706$3,215,534
Unfranked Dividends6%210$551$115,735
Franked Dividends20%780$1,891$1,475,007
Dividend Franking Credit20%775$815$631,386
Capital Gains2%95$14,364$1,364,547
Termination Payouts1%55$11,351$624,279
Tips/Directors Fees etc19%730$3,110$2,270,079
Business Income10%390$18,185$7,092,042
Foreign Income3%100$438$43,763
Government payments10%375$5,795$2,173,066
Government pensions5%180$9,993$1,798,689
Total Income or Loss99%3,790$45,125$171,022,571
Deducations
Charitable Gifts33%1,270$445$565,157
Cost of Tax Affairs52%1,990$187$372,079
Work Car expenses20%750$2,658$1,993,529
Work Travel expenses8%315$1,237$389,600
Self Education expenses5%205$1,868$383,001
Total Deductions78%2,965$2,248$6,664,543
Taxation
Taxable Income99%3,785$43,363$164,127,274
Medicare Levy 67%2,535$835$2,117,019
Medicare Surcharge 1%20$1,205$24,106
Gross Tax 79%3,020$9,177$27,713,155
Net Tax 72%2,760$10,309$28,453,692
Average Tax 100%3,810 $7,468$28,453,692
Gross Tax Rate 79%3,020 21%$27,713,155
Net Tax Rate 72%2,760 24%$28,453,692
Average Tax Rate 100%3,810 17%$28,453,692
%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 $43,363. It is estimated that the average taxable income for people who paid a net amount of tax was $55010.

The average net tax paid was $10,309. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 2,535 people for an average of $835. 20 people paid $1,205 on average more for the Medicare surcharge.

3,045 people earned a salary or wage and took home an average of $47,270 each.

Government allowance and payments were collected by 375 people for on average $5,795. 180 people received the pension or other allowance.

Charitable gifts and donations of an average of $445 were made by 1,270 people.

The costs of tax affairs for 1,990 people were claimed for $187 each.