TaxStats for postcode 2018 FY2013

Postcode 2018 includes Eastlakes, Rosebery in New South Wales, and is in the federal electorate of Kingsford Smith.

In FY 2013 the ATO recorded 8,210 individuals in postcode 2018. Of these people, 8,150 made a taxable income or loss. 6,695 of the population paid a gross amount of tax. After tax offsets, 6,185 people actually paid a net amount of tax. There were 1,965 non-taxable people who paid net tax of $0.

Compare TaxStats of 2018 with NSW

2018 TaxStats FY2013%Ppl#Ppl2018
Avg
2018
Total
Total Individuals100%8,210
Income
Salary or Wage 82%6,720$54,020$363,013,853
Gross Interest56%4,615$2,045$9,437,323
Unfranked Dividends5%450$723$325,351
Franked Dividends20%1,605$3,228$5,181,705
Dividend Franking Credit19%1,595$1,390$2,217,692
Capital Gains2%200$19,999$3,999,738
Termination Payouts2%125$13,903$1,737,924
Tips/Directors Fees etc18%1,485$4,732$7,026,793
Business Income10%855$20,740$17,732,363
Foreign Income3%225$1,140$256,461
Government payments6%465$5,605$2,606,414
Government pensions4%290$9,141$2,650,982
Total Income or Loss99%8,160$53,613$437,485,623
Deducations
Charitable Gifts34%2,820$403$1,136,018
Cost of Tax Affairs53%4,320$297$1,282,418
Work Car expenses21%1,685$3,063$5,161,875
Work Travel expenses12%1,000$1,702$1,701,800
Self Education expenses5%440$2,359$1,037,891
Total Deductions80%6,570$2,885$18,955,660
Taxation
Taxable Income99%8,150$51,176$417,082,471
Medicare Levy 69%5,700$962$5,485,240
Medicare Surcharge 1%105$1,077$113,090
Gross Tax 82%6,695$12,135$81,241,052
Net Tax 75%6,185$13,556$83,845,276
Average Tax 100%8,210 $10,213$83,845,276
Gross Tax Rate 82%6,695 24%$81,241,052
Net Tax Rate 75%6,185 26%$83,845,276
Average Tax Rate 100%8,210 20%$83,845,276
%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 $51,176. It is estimated that the average taxable income for people who paid a net amount of tax was $63622.

The average net tax paid was $13,556. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 5,700 people for an average of $962. 105 people paid $1,077 on average more for the Medicare surcharge.

6,720 people earned a salary or wage and took home an average of $54,020 each.

Government allowance and payments were collected by 465 people for on average $5,605. 290 people received the pension or other allowance.

Charitable gifts and donations of an average of $403 were made by 2,820 people.

The costs of tax affairs for 4,320 people were claimed for $297 each.