TaxStats for postcode 2043 FY2013

Postcode 2043 includes Erskineville in New South Wales, and is in the federal electorate of Sydney.

In FY 2013 the ATO recorded 4,750 individuals in postcode 2043. Of these people, 4,735 made a taxable income or loss. 4,290 of the population paid a gross amount of tax. After tax offsets, 4,160 people actually paid a net amount of tax. There were 575 non-taxable people who paid net tax of $0.

Compare TaxStats of 2043 with NSW

2043 TaxStats FY2013%Ppl#Ppl2043
Total Individuals100%4,750
Salary or Wage 90%4,275$73,646$314,834,863
Gross Interest65%3,090$1,410$4,357,703
Unfranked Dividends7%330$484$159,663
Franked Dividends21%990$5,303$5,250,361
Dividend Franking Credit21%990$2,271$2,248,530
Capital Gains4%175$15,928$2,787,328
Termination Payouts2%100$14,415$1,441,457
Tips/Directors Fees etc15%725$4,718$3,420,677
Business Income12%560$21,583$12,086,317
Foreign Income5%235$1,245$292,559
Government payments4%210$5,518$1,158,759
Government pensions1%60$7,754$465,253
Total Income or Loss100%4,740$76,213$361,250,421
Charitable Gifts42%2,005$414$830,308
Cost of Tax Affairs50%2,395$334$799,379
Work Car expenses22%1,040$2,718$2,826,329
Work Travel expenses21%995$1,524$1,516,230
Self Education expenses8%390$2,494$972,576
Total Deductions87%4,125$3,431$14,154,832
Taxable Income100%4,735$73,257$346,873,822
Medicare Levy 85%4,015$1,230$4,939,184
Medicare Surcharge 3%150$1,098$164,706
Gross Tax 90%4,290$18,987$81,454,591
Net Tax 88%4,160$20,452$85,080,550
Average Tax 100%4,750 $17,912$85,080,550
Gross Tax Rate 90%4,290 26%$81,454,591
Net Tax Rate 88%4,160 28%$85,080,550
Average Tax Rate 100%4,750 24%$85,080,550
%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 $73,257. It is estimated that the average taxable income for people who paid a net amount of tax was $81724.

The average net tax paid was $20,452. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 4,015 people for an average of $1,230. 150 people paid $1,098 on average more for the Medicare surcharge.

4,275 people earned a salary or wage and took home an average of $73,646 each.

Government allowance and payments were collected by 210 people for on average $5,518. 60 people received the pension or other allowance.

Charitable gifts and donations of an average of $414 were made by 2,005 people.

The costs of tax affairs for 2,395 people were claimed for $334 each.