TaxStats for postcode 2196 FY2013

Postcode 2196 includes Punchbowl, Roselands in New South Wales, and is in the federal electorate of Banks.

In FY 2013 the ATO recorded 14,100 individuals in postcode 2196. Of these people, 14,015 made a taxable income or loss. 11,035 of the population paid a gross amount of tax. After tax offsets, 9,860 people actually paid a net amount of tax. There were 4,155 non-taxable people who paid net tax of $0.

Compare TaxStats of 2196 with NSW

2196 TaxStats FY2013%Ppl#Ppl2196
Total Individuals100%14,100
Salary or Wage 79%11,125$45,076$501,465,435
Gross Interest45%6,320$1,905$12,038,706
Unfranked Dividends4%615$545$335,453
Franked Dividends18%2,520$2,511$6,327,590
Dividend Franking Credit18%2,505$1,082$2,710,820
Capital Gains2%255$14,020$3,574,982
Termination Payouts1%190$10,070$1,913,277
Tips/Directors Fees etc17%2,435$3,986$9,706,849
Business Income12%1,725$18,669$32,203,244
Foreign Income2%235$632$148,516
Government payments9%1,295$5,804$7,516,520
Government pensions5%685$9,747$6,676,983
Total Income or Loss100%14,030$43,800$614,514,849
Charitable Gifts33%4,605$405$1,866,408
Cost of Tax Affairs52%7,335$212$1,553,456
Work Car expenses21%3,030$3,090$9,362,629
Work Travel expenses8%1,060$1,573$1,667,842
Self Education expenses5%650$1,829$1,188,784
Total Deductions75%10,550$2,557$26,977,625
Taxable Income99%14,015$41,858$586,641,324
Medicare Levy 64%8,995$821$7,388,663
Medicare Surcharge 1%130$1,480$192,344
Gross Tax 78%11,035$8,799$97,100,779
Net Tax 70%9,860$10,095$99,540,051
Average Tax 100%14,100 $7,060$99,540,051
Gross Tax Rate 78%11,035 21%$97,100,779
Net Tax Rate 70%9,860 24%$99,540,051
Average Tax Rate 100%14,100 17%$99,540,051
%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 $41,858. It is estimated that the average taxable income for people who paid a net amount of tax was $54440.

The average net tax paid was $10,095. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 8,995 people for an average of $821. 130 people paid $1,480 on average more for the Medicare surcharge.

11,125 people earned a salary or wage and took home an average of $45,076 each.

Government allowance and payments were collected by 1,295 people for on average $5,804. 685 people received the pension or other allowance.

Charitable gifts and donations of an average of $405 were made by 4,605 people.

The costs of tax affairs for 7,335 people were claimed for $212 each.