TaxStats for postcode 2195 FY2013

Postcode 2195 includes Lakemba, Wiley Park in New South Wales, and is in the federal electorate of Watson.

In FY 2013 the ATO recorded 10,945 individuals in postcode 2195. Of these people, 10,850 made a taxable income or loss. 8,335 of the population paid a gross amount of tax. After tax offsets, 7,490 people actually paid a net amount of tax. There were 3,360 non-taxable people who paid net tax of $0.

Compare TaxStats of 2195 with NSW

2195 TaxStats FY2013%Ppl#Ppl2195
Total Individuals100%10,945
Salary or Wage 80%8,705$41,025$357,123,199
Gross Interest35%3,855$1,349$5,200,722
Unfranked Dividends3%280$379$106,243
Franked Dividends9%955$2,034$1,942,008
Dividend Franking Credit9%950$873$828,994
Capital Gains1%135$7,315$987,541
Termination Payouts1%145$6,074$880,749
Tips/Directors Fees etc17%1,815$3,194$5,796,657
Business Income16%1,710$15,319$26,195,639
Foreign Income1%100$5,166$516,572
Government payments11%1,200$6,156$7,386,706
Government pensions3%360$10,415$3,749,516
Total Income or Loss99%10,855$38,974$423,060,777
Charitable Gifts25%2,790$448$1,250,025
Cost of Tax Affairs52%5,675$152$863,786
Work Car expenses19%2,120$2,663$5,645,256
Work Travel expenses7%745$1,429$1,064,591
Self Education expenses5%555$2,088$1,159,009
Total Deductions71%7,810$2,240$17,493,058
Taxable Income99%10,850$37,340$405,142,419
Medicare Levy 56%6,075$750$4,556,820
Medicare Surcharge 1%80$1,047$83,754
Gross Tax 76%8,335$7,101$59,183,400
Net Tax 68%7,490$8,017$60,048,152
Average Tax 100%10,945 $5,486$60,048,152
Gross Tax Rate 76%8,335 19%$59,183,400
Net Tax Rate 68%7,490 21%$60,048,152
Average Tax Rate 100%10,945 15%$60,048,152
%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 $37,340. It is estimated that the average taxable income for people who paid a net amount of tax was $48708.

The average net tax paid was $8,017. This equates to an average tax of 21 cents in the dollar on taxable income.

The Medicare levy was paid by 6,075 people for an average of $750. 80 people paid $1,047 on average more for the Medicare surcharge.

8,705 people earned a salary or wage and took home an average of $41,025 each.

Government allowance and payments were collected by 1,200 people for on average $6,156. 360 people received the pension or other allowance.

Charitable gifts and donations of an average of $448 were made by 2,790 people.

The costs of tax affairs for 5,675 people were claimed for $152 each.