TaxStats for postcode 2085 FY2013

Postcode 2085 includes Belrose, Belrose, Belrose West, Davidson, Davidson in New South Wales, and is in the federal electorate of Mackellar.

In FY 2013 the ATO recorded 7,130 individuals in postcode 2085. Of these people, 7,075 made a taxable income or loss. 5,580 of the population paid a gross amount of tax. After tax offsets, 4,990 people actually paid a net amount of tax. There were 2,085 non-taxable people who paid net tax of $0.

Compare TaxStats of 2085 with NSW

2085 TaxStats FY2013%Ppl#Ppl2085
Avg
2085
Total
Total Individuals100%7,130
Income
Salary or Wage 70%4,960$69,701$345,717,820
Gross Interest69%4,900$3,559$17,437,688
Unfranked Dividends15%1,075$806$866,539
Franked Dividends42%2,970$7,091$21,060,049
Dividend Franking Credit41%2,955$3,052$9,018,972
Capital Gains6%450$11,731$5,279,017
Termination Payouts1%105$30,948$3,249,555
Tips/Directors Fees etc16%1,175$7,104$8,347,650
Business Income9%640$29,624$18,959,155
Foreign Income10%700$1,823$1,276,148
Government payments2%170$4,295$730,116
Government pensions8%565$8,654$4,889,715
Total Income or Loss99%7,090$68,003$482,138,490
Deducations
Charitable Gifts39%2,780$733$2,039,119
Cost of Tax Affairs47%3,385$496$1,680,484
Work Car expenses21%1,520$3,864$5,873,770
Work Travel expenses11%765$1,144$875,374
Self Education expenses3%240$2,115$507,668
Total Deductions79%5,640$3,578$20,179,471
Taxation
Taxable Income99%7,075$65,113$460,674,243
Medicare Levy 67%4,805$1,311$6,301,456
Medicare Surcharge 1%75$1,232$92,382
Gross Tax 78%5,580$19,934$111,232,356
Net Tax 70%4,990$22,738$113,462,564
Average Tax 100%7,130 $15,913$113,462,564
Gross Tax Rate 78%5,580 31%$111,232,356
Net Tax Rate 70%4,990 35%$113,462,564
Average Tax Rate 100%7,130 24%$113,462,564
%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 $65,113. It is estimated that the average taxable income for people who paid a net amount of tax was $87305.

The average net tax paid was $22,738. This equates to an average tax of 35 cents in the dollar on taxable income.

The Medicare levy was paid by 4,805 people for an average of $1,311. 75 people paid $1,232 on average more for the Medicare surcharge.

4,960 people earned a salary or wage and took home an average of $69,701 each.

Government allowance and payments were collected by 170 people for on average $4,295. 565 people received the pension or other allowance.

Charitable gifts and donations of an average of $733 were made by 2,780 people.

The costs of tax affairs for 3,385 people were claimed for $496 each.