TaxStats for postcode 2044 FY2013

Postcode 2044 includes St Peters, Sydenham, Tempe in New South Wales, and is in the federal electorate of Grayndler.

In FY 2013 the ATO recorded 4,775 individuals in postcode 2044. Of these people, 4,755 made a taxable income or loss. 4,070 of the population paid a gross amount of tax. After tax offsets, 3,850 people actually paid a net amount of tax. There were 905 non-taxable people who paid net tax of $0.

Compare TaxStats of 2044 with NSW

2044 TaxStats FY2013%Ppl#Ppl2044
Avg
2044
Total
Total Individuals100%4,775
Income
Salary or Wage 87%4,135$58,032$239,962,261
Gross Interest55%2,640$1,483$3,915,018
Unfranked Dividends5%240$320$76,811
Franked Dividends19%915$2,526$2,310,952
Dividend Franking Credit19%910$1,087$989,373
Capital Gains3%130$10,820$1,406,567
Termination Payouts2%90$11,215$1,009,369
Tips/Directors Fees etc16%770$4,509$3,471,879
Business Income11%525$20,376$10,697,420
Foreign Income3%155$1,768$274,071
Government payments7%350$5,251$1,837,999
Government pensions2%100$10,409$1,040,878
Total Income or Loss100%4,760$58,535$278,625,923
Deducations
Charitable Gifts40%1,910$351$670,646
Cost of Tax Affairs52%2,505$283$708,114
Work Car expenses21%985$2,742$2,700,544
Work Travel expenses14%675$1,548$1,045,008
Self Education expenses6%295$2,185$644,568
Total Deductions83%3,965$2,768$10,976,263
Taxation
Taxable Income100%4,755$56,209$267,272,916
Medicare Levy 77%3,685$1,006$3,705,615
Medicare Surcharge 2%110$1,166$128,263
Gross Tax 85%4,070$13,262$53,974,724
Net Tax 81%3,850$14,533$55,952,314
Average Tax 100%4,775 $11,718$55,952,314
Gross Tax Rate 85%4,070 24%$53,974,724
Net Tax Rate 81%3,850 26%$55,952,314
Average Tax Rate 100%4,775 21%$55,952,314
%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 $56,209. It is estimated that the average taxable income for people who paid a net amount of tax was $66601.

The average net tax paid was $14,533. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 3,685 people for an average of $1,006. 110 people paid $1,166 on average more for the Medicare surcharge.

4,135 people earned a salary or wage and took home an average of $58,032 each.

Government allowance and payments were collected by 350 people for on average $5,251. 100 people received the pension or other allowance.

Charitable gifts and donations of an average of $351 were made by 1,910 people.

The costs of tax affairs for 2,505 people were claimed for $283 each.