TaxStats for postcode 2130 FY2013

Postcode 2130 includes Summer Hill in New South Wales, and is in the federal electorate of Grayndler.

In FY 2013 the ATO recorded 4,520 individuals in postcode 2130. Of these people, 4,495 made a taxable income or loss. 3,835 of the population paid a gross amount of tax. After tax offsets, 3,620 people actually paid a net amount of tax. There were 875 non-taxable people who paid net tax of $0.

Compare TaxStats of 2130 with NSW

2130 TaxStats FY2013%Ppl#Ppl2130
Avg
2130
Total
Total Individuals100%4,520
Income
Salary or Wage 85%3,835$62,362$239,157,602
Gross Interest66%2,965$2,375$7,043,176
Unfranked Dividends7%330$688$226,931
Franked Dividends23%1,045$4,168$4,355,870
Dividend Franking Credit23%1,040$1,795$1,867,034
Capital Gains4%160$12,794$2,047,037
Termination Payouts2%75$17,005$1,275,342
Tips/Directors Fees etc16%715$4,253$3,041,159
Business Income12%540$27,086$14,626,489
Foreign Income6%265$2,089$553,651
Government payments6%275$5,372$1,477,203
Government pensions3%130$10,089$1,311,560
Total Income or Loss100%4,500$65,477$294,646,607
Deducations
Charitable Gifts40%1,830$531$971,069
Cost of Tax Affairs51%2,305$328$756,669
Work Car expenses18%815$2,541$2,070,746
Work Travel expenses14%630$1,197$754,238
Self Education expenses7%315$2,192$690,429
Total Deductions83%3,730$2,929$10,926,092
Taxation
Taxable Income99%4,495$63,058$283,446,198
Medicare Levy 77%3,490$1,138$3,971,845
Medicare Surcharge 2%80$1,048$83,864
Gross Tax 85%3,835$16,576$63,570,203
Net Tax 80%3,620$18,147$65,690,420
Average Tax 100%4,520 $14,533$65,690,420
Gross Tax Rate 85%3,835 26%$63,570,203
Net Tax Rate 80%3,620 29%$65,690,420
Average Tax Rate 100%4,520 23%$65,690,420
%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 $63,058. It is estimated that the average taxable income for people who paid a net amount of tax was $75400.

The average net tax paid was $18,147. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 3,490 people for an average of $1,138. 80 people paid $1,048 on average more for the Medicare surcharge.

3,835 people earned a salary or wage and took home an average of $62,362 each.

Government allowance and payments were collected by 275 people for on average $5,372. 130 people received the pension or other allowance.

Charitable gifts and donations of an average of $531 were made by 1,830 people.

The costs of tax affairs for 2,305 people were claimed for $328 each.