TaxStats for postcode 2192 FY2013

Postcode 2192 includes Belmore in New South Wales, and is in the federal electorate of Watson.

In FY 2013 the ATO recorded 6,390 individuals in postcode 2192. Of these people, 6,345 made a taxable income or loss. 5,080 of the population paid a gross amount of tax. After tax offsets, 4,585 people actually paid a net amount of tax. There were 1,760 non-taxable people who paid net tax of $0.

Compare TaxStats of 2192 with NSW

2192 TaxStats FY2013%Ppl#Ppl2192
Avg
2192
Total
Total Individuals100%6,390
Income
Salary or Wage 80%5,115$45,216$231,277,491
Gross Interest48%3,080$1,966$6,055,869
Unfranked Dividends4%245$831$203,646
Franked Dividends16%1,045$2,604$2,721,202
Dividend Franking Credit16%1,040$1,119$1,164,066
Capital Gains2%110$15,086$1,659,470
Termination Payouts2%105$13,383$1,405,250
Tips/Directors Fees etc19%1,215$3,518$4,274,638
Business Income12%745$19,838$14,779,008
Foreign Income1%90$507$45,591
Government payments9%575$5,434$3,124,837
Government pensions4%270$9,956$2,688,138
Total Income or Loss99%6,350$44,548$282,880,464
Deducations
Charitable Gifts31%2,005$402$805,733
Cost of Tax Affairs53%3,355$247$827,758
Work Car expenses20%1,275$2,981$3,800,261
Work Travel expenses8%500$1,562$781,008
Self Education expenses5%300$1,940$581,921
Total Deductions76%4,840$2,469$11,952,355
Taxation
Taxable Income99%6,345$42,676$270,780,528
Medicare Levy 66%4,200$817$3,430,996
Medicare Surcharge 1%65$1,341$87,194
Gross Tax 79%5,080$8,853$44,971,897
Net Tax 72%4,585$10,051$46,084,116
Average Tax 100%6,390 $7,212$46,084,116
Gross Tax Rate 79%5,080 21%$44,971,897
Net Tax Rate 72%4,585 24%$46,084,116
Average Tax Rate 100%6,390 17%$46,084,116
%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 $42,676. It is estimated that the average taxable income for people who paid a net amount of tax was $54452.

The average net tax paid was $10,051. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 4,200 people for an average of $817. 65 people paid $1,341 on average more for the Medicare surcharge.

5,115 people earned a salary or wage and took home an average of $45,216 each.

Government allowance and payments were collected by 575 people for on average $5,434. 270 people received the pension or other allowance.

Charitable gifts and donations of an average of $402 were made by 2,005 people.

The costs of tax affairs for 3,355 people were claimed for $247 each.