TaxStats for postcode 2162 FY2013

Postcode 2162 includes Chester Hill, Chester Hill, Sefton, Sefton in New South Wales, and is in the federal electorate of Blaxland.

In FY 2013 the ATO recorded 7,845 individuals in postcode 2162. Of these people, 7,800 made a taxable income or loss. 6,165 of the population paid a gross amount of tax. After tax offsets, 5,570 people actually paid a net amount of tax. There were 2,230 non-taxable people who paid net tax of $0.

Compare TaxStats of 2162 with NSW

2162 TaxStats FY2013%Ppl#Ppl2162
Avg
2162
Total
Total Individuals100%7,845
Income
Salary or Wage 80%6,315$46,906$296,210,007
Gross Interest46%3,605$1,989$7,171,587
Unfranked Dividends5%415$346$143,785
Franked Dividends20%1,605$2,019$3,239,816
Dividend Franking Credit20%1,595$870$1,387,294
Capital Gains2%155$25,438$3,942,933
Termination Payouts1%115$9,866$1,134,639
Tips/Directors Fees etc18%1,410$3,491$4,921,982
Business Income10%795$20,487$16,287,137
Foreign Income3%200$669$133,867
Government payments10%785$6,006$4,714,768
Government pensions6%435$10,115$4,400,072
Total Income or Loss100%7,810$45,598$356,118,054
Deducations
Charitable Gifts34%2,635$375$989,161
Cost of Tax Affairs53%4,190$198$831,434
Work Car expenses20%1,595$2,626$4,189,081
Work Travel expenses7%535$1,325$708,931
Self Education expenses5%360$1,758$632,810
Total Deductions78%6,095$2,322$14,153,894
Taxation
Taxable Income99%7,800$43,795$341,603,217
Medicare Levy 66%5,205$847$4,407,367
Medicare Surcharge 1%80$1,090$87,214
Gross Tax 79%6,165$9,488$58,491,041
Net Tax 71%5,570$10,770$59,991,038
Average Tax 100%7,845 $7,647$59,991,038
Gross Tax Rate 79%6,165 22%$58,491,041
Net Tax Rate 71%5,570 25%$59,991,038
Average Tax Rate 100%7,845 17%$59,991,038
%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 $43,795. It is estimated that the average taxable income for people who paid a net amount of tax was $56525.

The average net tax paid was $10,770. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 5,205 people for an average of $847. 80 people paid $1,090 on average more for the Medicare surcharge.

6,315 people earned a salary or wage and took home an average of $46,906 each.

Government allowance and payments were collected by 785 people for on average $6,006. 435 people received the pension or other allowance.

Charitable gifts and donations of an average of $375 were made by 2,635 people.

The costs of tax affairs for 4,190 people were claimed for $198 each.