TaxStats for postcode 2176 FY2013

Postcode 2176 includes Abbotsbury, Abbotsbury, Bossley Park, Bossley Park, Edensor Park, Edensor Park, Greenfield Park, Greenfield Park, Prairiewood, Prairiewood, St Johns Park, Wakeley in New South Wales, and is in the federal electorate of McMahon.

In FY 2013 the ATO recorded 23,945 individuals in postcode 2176. Of these people, 23,835 made a taxable income or loss. 19,640 of the population paid a gross amount of tax. After tax offsets, 18,125 people actually paid a net amount of tax. There were 5,710 non-taxable people who paid net tax of $0.

Compare TaxStats of 2176 with NSW

2176 TaxStats FY2013%Ppl#Ppl2176
Avg
2176
Total
Total Individuals100%23,945
Income
Salary or Wage 83%19,870$48,623$966,132,325
Gross Interest51%12,185$1,867$22,743,691
Unfranked Dividends5%1,300$345$448,104
Franked Dividends22%5,300$2,576$13,653,365
Dividend Franking Credit22%5,290$1,103$5,834,499
Capital Gains2%595$15,890$9,454,602
Termination Payouts2%385$10,639$4,096,024
Tips/Directors Fees etc19%4,510$4,051$18,270,528
Business Income9%2,040$22,083$45,049,261
Foreign Income2%525$551$289,506
Government payments8%1,865$5,399$10,069,481
Government pensions4%930$9,781$9,096,774
Total Income or Loss100%23,860$48,881$1,166,302,326
Deducations
Charitable Gifts38%9,195$309$2,842,901
Cost of Tax Affairs56%13,415$224$2,999,103
Work Car expenses25%6,010$2,898$17,415,048
Work Travel expenses8%1,910$1,479$2,825,486
Self Education expenses5%1,125$1,864$2,096,818
Total Deductions81%19,385$2,657$51,499,974
Taxation
Taxable Income100%23,835$46,699$1,113,081,010
Medicare Levy 72%17,360$864$14,990,917
Medicare Surcharge 1%235$1,127$264,932
Gross Tax 82%19,640$10,033$197,053,164
Net Tax 76%18,125$11,196$202,928,155
Average Tax 100%23,945 $8,475$202,928,155
Gross Tax Rate 82%19,640 21%$197,053,164
Net Tax Rate 76%18,125 24%$202,928,155
Average Tax Rate 100%23,945 18%$202,928,155
%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 $46,699. It is estimated that the average taxable income for people who paid a net amount of tax was $57631.

The average net tax paid was $11,196. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 17,360 people for an average of $864. 235 people paid $1,127 on average more for the Medicare surcharge.

19,870 people earned a salary or wage and took home an average of $48,623 each.

Government allowance and payments were collected by 1,865 people for on average $5,399. 930 people received the pension or other allowance.

Charitable gifts and donations of an average of $309 were made by 9,195 people.

The costs of tax affairs for 13,415 people were claimed for $224 each.