TaxStats for postcode 2101 FY2013

Postcode 2101 includes Elanora Heights, Ingleside, Narrabeen, Narrabeen Peninsula, North Narrabeen in New South Wales, and is in the federal electorate of Mackellar.

In FY 2013 the ATO recorded 11,830 individuals in postcode 2101. Of these people, 11,750 made a taxable income or loss. 9,770 of the population paid a gross amount of tax. After tax offsets, 8,935 people actually paid a net amount of tax. There were 2,815 non-taxable people who paid net tax of $0.

Compare TaxStats of 2101 with NSW

2101 TaxStats FY2013%Ppl#Ppl2101
Avg
2101
Total
Total Individuals100%11,830
Income
Salary or Wage 74%8,805$62,168$547,393,324
Gross Interest65%7,710$3,053$23,535,134
Unfranked Dividends11%1,265$1,145$1,448,978
Franked Dividends34%3,965$11,836$46,927,850
Dividend Franking Credit33%3,945$5,093$20,092,064
Capital Gains5%580$19,303$11,195,476
Termination Payouts1%165$21,891$3,612,039
Tips/Directors Fees etc18%2,160$5,400$11,663,520
Business Income13%1,530$25,010$38,265,880
Foreign Income7%845$2,577$2,177,404
Government payments3%395$4,874$1,925,054
Government pensions6%675$9,398$6,343,691
Total Income or Loss100%11,790$67,107$791,196,140
Deducations
Charitable Gifts34%4,030$805$3,245,563
Cost of Tax Affairs50%5,880$447$2,627,679
Work Car expenses23%2,770$3,264$9,039,923
Work Travel expenses12%1,385$1,509$2,090,228
Self Education expenses5%595$2,039$1,213,261
Total Deductions81%9,620$3,494$33,609,084
Taxation
Taxable Income99%11,750$64,343$756,030,963
Medicare Levy 72%8,575$1,210$10,373,662
Medicare Surcharge 1%120$1,209$145,032
Gross Tax 83%9,770$18,198$177,793,684
Net Tax 76%8,935$20,311$181,480,973
Average Tax 100%11,830 $15,341$181,480,973
Gross Tax Rate 83%9,770 28%$177,793,684
Net Tax Rate 76%8,935 32%$181,480,973
Average Tax Rate 100%11,830 24%$181,480,973
%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 $64,343. It is estimated that the average taxable income for people who paid a net amount of tax was $80834.

The average net tax paid was $20,311. This equates to an average tax of 32 cents in the dollar on taxable income.

The Medicare levy was paid by 8,575 people for an average of $1,210. 120 people paid $1,209 on average more for the Medicare surcharge.

8,805 people earned a salary or wage and took home an average of $62,168 each.

Government allowance and payments were collected by 395 people for on average $4,874. 675 people received the pension or other allowance.

Charitable gifts and donations of an average of $805 were made by 4,030 people.

The costs of tax affairs for 5,880 people were claimed for $447 each.