TaxStats for postcode 2034 FY2013

Postcode 2034 includes Coogee, South Coogee in New South Wales, and is in the federal electorate of Kingsford Smith.

In FY 2013 the ATO recorded 13,700 individuals in postcode 2034. Of these people, 13,625 made a taxable income or loss. 11,685 of the population paid a gross amount of tax. After tax offsets, 11,050 people actually paid a net amount of tax. There were 2,575 non-taxable people who paid net tax of $0.

Compare TaxStats of 2034 with NSW

2034 TaxStats FY2013%Ppl#Ppl2034
Total Individuals100%13,700
Salary or Wage 82%11,170$72,974$815,114,678
Gross Interest65%8,845$3,193$28,246,404
Unfranked Dividends9%1,230$1,264$1,554,402
Franked Dividends26%3,545$10,312$36,554,802
Dividend Franking Credit26%3,530$4,435$15,657,110
Capital Gains5%630$25,770$16,234,826
Termination Payouts2%235$27,335$6,423,678
Tips/Directors Fees etc18%2,415$6,663$16,092,011
Business Income11%1,515$38,466$58,276,657
Foreign Income7%985$4,346$4,281,261
Government payments4%525$5,097$2,675,749
Government pensions3%385$10,163$3,912,597
Total Income or Loss100%13,650$82,268$1,122,954,380
Charitable Gifts39%5,300$789$4,180,924
Cost of Tax Affairs51%6,990$496$3,465,679
Work Car expenses22%3,010$3,352$10,088,479
Work Travel expenses17%2,330$1,806$4,207,496
Self Education expenses6%880$2,228$1,960,500
Total Deductions83%11,380$4,855$55,249,516
Taxable Income99%13,625$78,178$1,065,170,045
Medicare Levy 74%10,155$1,423$14,449,213
Medicare Surcharge 3%350$1,220$426,979
Gross Tax 85%11,685$23,556$275,252,602
Net Tax 81%11,050$25,641$283,332,751
Average Tax 100%13,700 $20,681$283,332,751
Gross Tax Rate 85%11,685 30%$275,252,602
Net Tax Rate 81%11,050 33%$283,332,751
Average Tax Rate 100%13,700 26%$283,332,751
%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 $78,178. It is estimated that the average taxable income for people who paid a net amount of tax was $93599.

The average net tax paid was $25,641. This equates to an average tax of 33 cents in the dollar on taxable income.

The Medicare levy was paid by 10,155 people for an average of $1,423. 350 people paid $1,220 on average more for the Medicare surcharge.

11,170 people earned a salary or wage and took home an average of $72,974 each.

Government allowance and payments were collected by 525 people for on average $5,097. 385 people received the pension or other allowance.

Charitable gifts and donations of an average of $789 were made by 5,300 people.

The costs of tax affairs for 6,990 people were claimed for $496 each.