TaxStats for postcode 2103 FY2013

Postcode 2103 includes Mona Vale in New South Wales, and is in the federal electorate of Mackellar.

In FY 2013 the ATO recorded 7,030 individuals in postcode 2103. Of these people, 6,985 made a taxable income or loss. 5,665 of the population paid a gross amount of tax. After tax offsets, 5,170 people actually paid a net amount of tax. There were 1,815 non-taxable people who paid net tax of $0.

Compare TaxStats of 2103 with NSW

2103 TaxStats FY2013%Ppl#Ppl2103
Avg
2103
Total
Total Individuals100%7,030
Income
Salary or Wage 72%5,045$62,849$317,071,909
Gross Interest67%4,695$3,673$17,243,324
Unfranked Dividends11%795$879$698,593
Franked Dividends36%2,535$10,701$27,125,823
Dividend Franking Credit36%2,530$4,594$11,621,937
Capital Gains6%405$22,544$9,130,135
Termination Payouts2%115$36,440$4,190,601
Tips/Directors Fees etc17%1,230$6,143$7,555,341
Business Income11%785$28,292$22,208,872
Foreign Income8%540$2,115$1,142,181
Government payments3%210$4,910$1,031,165
Government pensions6%405$8,940$3,620,695
Total Income or Loss100%7,005$67,419$472,272,043
Deducations
Charitable Gifts34%2,380$924$2,198,734
Cost of Tax Affairs49%3,460$469$1,623,738
Work Car expenses21%1,470$3,455$5,078,582
Work Travel expenses10%705$1,401$987,513
Self Education expenses4%255$2,054$523,799
Total Deductions80%5,635$3,637$20,495,325
Taxation
Taxable Income99%6,985$64,541$450,822,320
Medicare Levy 71%4,985$1,249$6,225,193
Medicare Surcharge 1%75$1,096$82,206
Gross Tax 81%5,665$19,043$107,878,901
Net Tax 74%5,170$21,312$110,181,267
Average Tax 100%7,030 $15,673$110,181,267
Gross Tax Rate 81%5,665 30%$107,878,901
Net Tax Rate 74%5,170 33%$110,181,267
Average Tax Rate 100%7,030 24%$110,181,267
%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 $64,541. It is estimated that the average taxable income for people who paid a net amount of tax was $82987.

The average net tax paid was $21,312. This equates to an average tax of 33 cents in the dollar on taxable income.

The Medicare levy was paid by 4,985 people for an average of $1,249. 75 people paid $1,096 on average more for the Medicare surcharge.

5,045 people earned a salary or wage and took home an average of $62,849 each.

Government allowance and payments were collected by 210 people for on average $4,910. 405 people received the pension or other allowance.

Charitable gifts and donations of an average of $924 were made by 2,380 people.

The costs of tax affairs for 3,460 people were claimed for $469 each.