TaxStats for postcode 2171 FY2013

Postcode 2171 includes Carnes Hill, Cecil Hills, Cecil Hills, Elizabeth Hills, Horningsea Park, Horningsea Park, Hoxton Park, Middleton Grange, West Hoxton, West Hoxton in New South Wales, and is in the federal electorate of Fowler.

In FY 2013 the ATO recorded 16,840 individuals in postcode 2171. Of these people, 16,765 made a taxable income or loss. 14,340 of the population paid a gross amount of tax. After tax offsets, 13,485 people actually paid a net amount of tax. There were 3,280 non-taxable people who paid net tax of $0.

Compare TaxStats of 2171 with NSW

2171 TaxStats FY2013%Ppl#Ppl2171
Avg
2171
Total
Total Individuals100%16,840
Income
Salary or Wage 85%14,265$53,854$768,225,767
Gross Interest47%7,970$1,587$12,652,043
Unfranked Dividends4%715$272$194,185
Franked Dividends20%3,300$3,698$12,204,123
Dividend Franking Credit20%3,295$1,587$5,229,908
Capital Gains2%395$28,061$11,083,899
Termination Payouts2%295$10,980$3,239,117
Tips/Directors Fees etc20%3,415$4,233$14,454,740
Business Income9%1,465$22,399$32,815,156
Foreign Income1%245$734$179,771
Government payments5%855$5,325$4,553,035
Government pensions3%460$8,880$4,084,606
Total Income or Loss100%16,785$54,505$914,867,208
Deducations
Charitable Gifts39%6,560$334$2,191,839
Cost of Tax Affairs58%9,785$234$2,293,791
Work Car expenses29%4,815$3,094$14,895,464
Work Travel expenses10%1,700$1,479$2,513,602
Self Education expenses5%855$1,769$1,512,321
Total Deductions83%13,995$3,019$42,254,147
Taxation
Taxable Income100%16,765$51,969$871,262,048
Medicare Levy 77%12,940$927$11,997,195
Medicare Surcharge 1%235$1,147$269,656
Gross Tax 85%14,340$11,629$166,759,825
Net Tax 80%13,485$12,777$172,294,999
Average Tax 100%16,840 $10,231$172,294,999
Gross Tax Rate 85%14,340 22%$166,759,825
Net Tax Rate 80%13,485 25%$172,294,999
Average Tax Rate 100%16,840 20%$172,294,999
%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 $51,969. It is estimated that the average taxable income for people who paid a net amount of tax was $61691.

The average net tax paid was $12,777. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 12,940 people for an average of $927. 235 people paid $1,147 on average more for the Medicare surcharge.

14,265 people earned a salary or wage and took home an average of $53,854 each.

Government allowance and payments were collected by 855 people for on average $5,325. 460 people received the pension or other allowance.

Charitable gifts and donations of an average of $334 were made by 6,560 people.

The costs of tax affairs for 9,785 people were claimed for $234 each.