TaxStats for postcode 2199 FY2013

Postcode 2199 includes Yagoona, Yagoona, Yagoona West in New South Wales, and is in the federal electorate of Blaxland.

In FY 2013 the ATO recorded 7,390 individuals in postcode 2199. Of these people, 7,350 made a taxable income or loss. 5,870 of the population paid a gross amount of tax. After tax offsets, 5,320 people actually paid a net amount of tax. There were 2,030 non-taxable people who paid net tax of $0.

Compare TaxStats of 2199 with NSW

2199 TaxStats FY2013%Ppl#Ppl2199
Avg
2199
Total
Total Individuals100%7,390
Income
Salary or Wage 81%5,955$46,430$276,492,655
Gross Interest47%3,460$2,084$7,212,328
Unfranked Dividends4%300$363$108,890
Franked Dividends18%1,300$2,734$3,554,654
Dividend Franking Credit18%1,300$1,174$1,525,702
Capital Gains2%165$9,456$1,560,167
Termination Payouts2%115$13,428$1,544,241
Tips/Directors Fees etc18%1,335$4,081$5,448,304
Business Income11%800$20,825$16,660,269
Foreign Income2%160$496$79,404
Government payments9%680$5,765$3,920,229
Government pensions5%375$10,509$3,940,943
Total Income or Loss100%7,360$45,492$334,817,748
Deducations
Charitable Gifts33%2,475$346$856,958
Cost of Tax Affairs53%3,930$214$840,659
Work Car expenses21%1,560$2,845$4,438,929
Work Travel expenses7%530$1,455$771,390
Self Education expenses5%345$1,723$594,303
Total Deductions77%5,685$2,465$14,013,303
Taxation
Taxable Income99%7,350$43,613$320,552,598
Medicare Levy 67%4,970$834$4,142,931
Medicare Surcharge 1%70$1,126$78,845
Gross Tax 79%5,870$9,240$54,237,346
Net Tax 72%5,320$10,411$55,385,325
Average Tax 100%7,390 $7,495$55,385,325
Gross Tax Rate 79%5,870 21%$54,237,346
Net Tax Rate 72%5,320 24%$55,385,325
Average Tax Rate 100%7,390 17%$55,385,325
%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 $43,613. It is estimated that the average taxable income for people who paid a net amount of tax was $55675.

The average net tax paid was $10,411. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 4,970 people for an average of $834. 70 people paid $1,126 on average more for the Medicare surcharge.

5,955 people earned a salary or wage and took home an average of $46,430 each.

Government allowance and payments were collected by 680 people for on average $5,765. 375 people received the pension or other allowance.

Charitable gifts and donations of an average of $346 were made by 2,475 people.

The costs of tax affairs for 3,930 people were claimed for $214 each.