TaxStats for postcode 2073 FY2013

Postcode 2073 includes Pymble, West Pymble in New South Wales, and is in the federal electorate of Bradfield.

In FY 2013 the ATO recorded 10,350 individuals in postcode 2073. Of these people, 10,235 made a taxable income or loss. 8,225 of the population paid a gross amount of tax. After tax offsets, 7,655 people actually paid a net amount of tax. There were 2,580 non-taxable people who paid net tax of $0.

Compare TaxStats of 2073 with NSW

2073 TaxStats FY2013%Ppl#Ppl2073
Avg
2073
Total
Total Individuals100%10,350
Income
Salary or Wage 70%7,220$90,325$652,143,577
Gross Interest71%7,375$4,669$34,433,907
Unfranked Dividends18%1,850$1,718$3,178,855
Franked Dividends45%4,620$15,269$70,544,570
Dividend Franking Credit44%4,605$6,562$30,216,832
Capital Gains9%890$29,372$26,140,791
Termination Payouts2%185$51,683$9,561,310
Tips/Directors Fees etc13%1,375$9,072$12,474,525
Business Income10%990$53,210$52,677,545
Foreign Income14%1,415$2,455$3,474,135
Government payments3%315$5,191$1,635,173
Government pensions3%355$7,993$2,837,596
Total Income or Loss99%10,280$100,981$1,038,086,917
Deducations
Charitable Gifts41%4,270$1,009$4,306,954
Cost of Tax Affairs45%4,655$1,022$4,758,320
Work Car expenses17%1,735$3,476$6,031,288
Work Travel expenses10%1,055$1,637$1,726,575
Self Education expenses4%420$2,729$1,146,196
Total Deductions78%8,120$5,041$40,932,178
Taxation
Taxable Income99%10,235$97,104$993,857,054
Medicare Levy 71%7,360$1,902$14,001,934
Medicare Surcharge 1%110$1,304$143,393
Gross Tax 79%8,225$35,988$296,002,795
Net Tax 74%7,655$39,685$303,787,173
Average Tax 100%10,350 $29,351$303,787,173
Gross Tax Rate 79%8,225 37%$296,002,795
Net Tax Rate 74%7,655 41%$303,787,173
Average Tax Rate 100%10,350 30%$303,787,173
%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 $97,104. It is estimated that the average taxable income for people who paid a net amount of tax was $125787.

The average net tax paid was $39,685. This equates to an average tax of 41 cents in the dollar on taxable income.

The Medicare levy was paid by 7,360 people for an average of $1,902. 110 people paid $1,304 on average more for the Medicare surcharge.

7,220 people earned a salary or wage and took home an average of $90,325 each.

Government allowance and payments were collected by 315 people for on average $5,191. 355 people received the pension or other allowance.

Charitable gifts and donations of an average of $1,009 were made by 4,270 people.

The costs of tax affairs for 4,655 people were claimed for $1,022 each.