TaxStats for postcode 2217 FY2013

Postcode 2217 includes Beverley Park, Kogarah, Kogarah Bay, Kogarah Bay, Monterey, Ramsgate, Ramsgate Beach in New South Wales, and is in the federal electorate of Barton.

In FY 2013 the ATO recorded 15,385 individuals in postcode 2217. Of these people, 15,285 made a taxable income or loss. 12,590 of the population paid a gross amount of tax. After tax offsets, 11,625 people actually paid a net amount of tax. There were 3,660 non-taxable people who paid net tax of $0.

Compare TaxStats of 2217 with NSW

2217 TaxStats FY2013%Ppl#Ppl2217
Avg
2217
Total
Total Individuals100%15,385
Income
Salary or Wage 81%12,450$53,120$661,342,807
Gross Interest59%9,005$2,570$23,140,563
Unfranked Dividends6%940$628$589,996
Franked Dividends23%3,505$5,300$18,576,754
Dividend Franking Credit23%3,485$2,282$7,953,911
Capital Gains3%475$20,095$9,544,981
Termination Payouts2%265$19,110$5,064,146
Tips/Directors Fees etc19%2,970$4,035$11,985,382
Business Income9%1,365$18,883$25,774,876
Foreign Income3%515$1,087$559,904
Government payments5%775$5,454$4,226,711
Government pensions4%645$9,491$6,121,645
Total Income or Loss100%15,310$54,142$828,907,128
Deducations
Charitable Gifts34%5,225$440$2,298,930
Cost of Tax Affairs54%8,360$260$2,174,411
Work Car expenses21%3,185$3,040$9,681,401
Work Travel expenses11%1,685$1,252$2,110,057
Self Education expenses6%905$2,386$2,159,233
Total Deductions81%12,410$2,835$35,178,010
Taxation
Taxable Income99%15,285$51,820$792,068,072
Medicare Levy 69%10,605$981$10,398,712
Medicare Surcharge 1%165$1,211$199,743
Gross Tax 82%12,590$12,494$157,297,772
Net Tax 76%11,625$13,886$161,428,388
Average Tax 100%15,385 $10,493$161,428,388
Gross Tax Rate 82%12,590 24%$157,297,772
Net Tax Rate 76%11,625 27%$161,428,388
Average Tax Rate 100%15,385 20%$161,428,388
%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 $51,820. It is estimated that the average taxable income for people who paid a net amount of tax was $64357.

The average net tax paid was $13,886. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 10,605 people for an average of $981. 165 people paid $1,211 on average more for the Medicare surcharge.

12,450 people earned a salary or wage and took home an average of $53,120 each.

Government allowance and payments were collected by 775 people for on average $5,454. 645 people received the pension or other allowance.

Charitable gifts and donations of an average of $440 were made by 5,225 people.

The costs of tax affairs for 8,360 people were claimed for $260 each.