TaxStats for postcode 2160 FY2013

Postcode 2160 includes Merrylands, Merrylands West in New South Wales, and is in the federal electorate of Blaxland.

In FY 2013 the ATO recorded 16,155 individuals in postcode 2160. Of these people, 16,050 made a taxable income or loss. 12,815 of the population paid a gross amount of tax. After tax offsets, 11,705 people actually paid a net amount of tax. There were 4,345 non-taxable people who paid net tax of $0.

Compare TaxStats of 2160 with NSW

2160 TaxStats FY2013%Ppl#Ppl2160
Total Individuals100%16,155
Salary or Wage 80%12,980$46,747$606,771,374
Gross Interest49%7,840$1,751$13,729,325
Unfranked Dividends4%720$496$356,827
Franked Dividends17%2,670$2,256$6,023,115
Dividend Franking Credit16%2,660$972$2,584,442
Capital Gains2%390$16,574$6,463,703
Termination Payouts2%255$12,398$3,161,578
Tips/Directors Fees etc18%2,865$3,730$10,687,002
Business Income11%1,755$18,756$32,916,999
Foreign Income2%330$562$185,584
Government payments10%1,550$5,677$8,800,028
Government pensions4%710$10,186$7,231,826
Total Income or Loss99%16,065$45,478$730,607,356
Charitable Gifts31%5,040$352$1,774,091
Cost of Tax Affairs53%8,500$219$1,859,360
Work Car expenses22%3,575$2,851$10,191,599
Work Travel expenses8%1,325$1,254$1,662,159
Self Education expenses6%895$2,029$1,816,285
Total Deductions77%12,460$2,419$30,142,080
Taxable Income99%16,050$43,577$699,412,049
Medicare Levy 67%10,830$833$9,020,647
Medicare Surcharge 1%155$1,134$175,770
Gross Tax 79%12,815$9,250$118,543,972
Net Tax 72%11,705$10,387$121,574,912
Average Tax 100%16,155 $7,526$121,574,912
Gross Tax Rate 79%12,815 21%$118,543,972
Net Tax Rate 72%11,705 24%$121,574,912
Average Tax Rate 100%16,155 17%$121,574,912
%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 $43,577. It is estimated that the average taxable income for people who paid a net amount of tax was $55299.

The average net tax paid was $10,387. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 10,830 people for an average of $833. 155 people paid $1,134 on average more for the Medicare surcharge.

12,980 people earned a salary or wage and took home an average of $46,747 each.

Government allowance and payments were collected by 1,550 people for on average $5,677. 710 people received the pension or other allowance.

Charitable gifts and donations of an average of $352 were made by 5,040 people.

The costs of tax affairs for 8,500 people were claimed for $219 each.