TaxStats for postcode 2191 FY2013

Postcode 2191 includes Belfield, Belfield in New South Wales, and is in the federal electorate of Watson.

In FY 2013 the ATO recorded 2,980 individuals in postcode 2191. Of these people, 2,960 made a taxable income or loss. 2,390 of the population paid a gross amount of tax. After tax offsets, 2,190 people actually paid a net amount of tax. There were 770 non-taxable people who paid net tax of $0.

Compare TaxStats of 2191 with NSW

2191 TaxStats FY2013%Ppl#Ppl2191
Total Individuals100%2,980
Salary or Wage 78%2,315$51,239$118,619,222
Gross Interest54%1,615$2,342$3,783,077
Unfranked Dividends7%195$657$128,112
Franked Dividends24%725$3,562$2,582,623
Dividend Franking Credit24%725$1,526$1,106,454
Capital Gains3%75$14,749$1,106,184
Termination Payouts2%55$10,049$552,681
Tips/Directors Fees etc18%530$5,720$3,031,703
Business Income11%335$20,577$6,893,402
Foreign Income3%95$398$37,783
Government payments7%195$5,248$1,023,438
Government pensions5%140$9,540$1,335,586
Total Income or Loss99%2,965$50,080$148,488,673
Charitable Gifts35%1,035$395$408,659
Cost of Tax Affairs53%1,565$269$421,097
Work Car expenses21%620$3,316$2,056,217
Work Travel expenses8%240$1,615$387,663
Self Education expenses4%120$2,147$257,690
Total Deductions78%2,315$2,698$6,245,528
Taxable Income99%2,960$48,005$142,093,793
Medicare Levy 70%2,075$917$1,903,617
Medicare Surcharge 1%30$1,111$33,341
Gross Tax 80%2,390$11,085$26,492,630
Net Tax 73%2,190$12,470$27,308,607
Average Tax 100%2,980 $9,164$27,308,607
Gross Tax Rate 80%2,390 23%$26,492,630
Net Tax Rate 73%2,190 26%$27,308,607
Average Tax Rate 100%2,980 19%$27,308,607
%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 $48,005. It is estimated that the average taxable income for people who paid a net amount of tax was $60664.

The average net tax paid was $12,470. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 2,075 people for an average of $917. 30 people paid $1,111 on average more for the Medicare surcharge.

2,315 people earned a salary or wage and took home an average of $51,239 each.

Government allowance and payments were collected by 195 people for on average $5,248. 140 people received the pension or other allowance.

Charitable gifts and donations of an average of $395 were made by 1,035 people.

The costs of tax affairs for 1,565 people were claimed for $269 each.