TaxStats for postcode 2106 FY2013

Postcode 2106 includes Newport, Newport Beach in New South Wales, and is in the federal electorate of Mackellar.

In FY 2013 the ATO recorded 6,350 individuals in postcode 2106. Of these people, 6,290 made a taxable income or loss. 5,080 of the population paid a gross amount of tax. After tax offsets, 4,670 people actually paid a net amount of tax. There were 1,620 non-taxable people who paid net tax of $0.

Compare TaxStats of 2106 with NSW

2106 TaxStats FY2013%Ppl#Ppl2106
Avg
2106
Total
Total Individuals100%6,350
Income
Salary or Wage 73%4,630$64,870$300,350,027
Gross Interest66%4,190$3,469$14,534,238
Unfranked Dividends11%715$5,137$3,673,186
Franked Dividends36%2,255$22,677$51,137,069
Dividend Franking Credit35%2,245$9,761$21,914,322
Capital Gains6%360$22,034$7,932,098
Termination Payouts1%90$45,656$4,109,038
Tips/Directors Fees etc17%1,100$6,979$7,676,488
Business Income13%835$22,848$19,078,477
Foreign Income8%495$3,407$1,686,621
Government payments4%250$4,879$1,219,626
Government pensions4%260$8,452$2,197,503
Total Income or Loss100%6,320$80,635$509,612,463
Deducations
Charitable Gifts33%2,080$1,746$3,631,649
Cost of Tax Affairs50%3,155$598$1,885,600
Work Car expenses21%1,355$3,699$5,012,715
Work Travel expenses11%670$2,128$1,426,040
Self Education expenses4%245$1,980$485,097
Total Deductions79%5,025$4,880$24,523,008
Taxation
Taxable Income99%6,290$76,927$483,868,592
Medicare Levy 71%4,525$1,501$6,791,138
Medicare Surcharge 1%65$1,272$82,697
Gross Tax 80%5,080$25,739$130,755,443
Net Tax 74%4,670$28,751$134,265,717
Average Tax 100%6,350 $21,144$134,265,717
Gross Tax Rate 80%5,080 33%$130,755,443
Net Tax Rate 74%4,670 37%$134,265,717
Average Tax Rate 100%6,350 27%$134,265,717
%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 $76,927. It is estimated that the average taxable income for people who paid a net amount of tax was $99449.

The average net tax paid was $28,751. This equates to an average tax of 37 cents in the dollar on taxable income.

The Medicare levy was paid by 4,525 people for an average of $1,501. 65 people paid $1,272 on average more for the Medicare surcharge.

4,630 people earned a salary or wage and took home an average of $64,870 each.

Government allowance and payments were collected by 250 people for on average $4,879. 260 people received the pension or other allowance.

Charitable gifts and donations of an average of $1,746 were made by 2,080 people.

The costs of tax affairs for 3,155 people were claimed for $598 each.