TaxStats for postcode 2519 FY2013

Postcode 2519 includes Balgownie, Fairy Meadow, Fernhill, Mount Ousley, Mount Pleasant, Reidtown in New South Wales, and is in the federal electorate of Cunningham.

In FY 2013 the ATO recorded 8,765 individuals in postcode 2519. Of these people, 8,710 made a taxable income or loss. 6,900 of the population paid a gross amount of tax. After tax offsets, 6,280 people actually paid a net amount of tax. There were 2,430 non-taxable people who paid net tax of $0.

Compare TaxStats of 2519 with NSW

2519 TaxStats FY2013%Ppl#Ppl2519
Avg
2519
Total
Total Individuals100%8,765
Income
Salary or Wage 77%6,740$55,757$375,802,116
Gross Interest60%5,275$2,526$13,323,028
Unfranked Dividends12%1,040$524$544,891
Franked Dividends35%3,065$5,215$15,984,533
Dividend Franking Credit35%3,055$2,243$6,853,600
Capital Gains4%385$10,705$4,121,572
Termination Payouts1%125$12,548$1,568,440
Tips/Directors Fees etc20%1,760$3,457$6,084,288
Business Income7%645$30,630$19,756,175
Foreign Income6%485$2,438$1,182,399
Government payments7%630$5,677$3,576,677
Government pensions6%545$9,583$5,222,485
Total Income or Loss100%8,730$56,217$490,776,065
Deducations
Charitable Gifts43%3,770$363$1,366,935
Cost of Tax Affairs52%4,585$277$1,267,882
Work Car expenses30%2,595$2,268$5,886,436
Work Travel expenses10%875$1,500$1,312,563
Self Education expenses6%515$1,926$991,731
Total Deductions81%7,080$3,267$23,133,195
Taxation
Taxable Income99%8,710$53,612$466,957,861
Medicare Levy 69%6,040$1,047$6,324,932
Medicare Surcharge 1%85$1,081$91,845
Gross Tax 79%6,900$14,092$97,237,802
Net Tax 72%6,280$15,900$99,854,848
Average Tax 100%8,765 $11,392$99,854,848
Gross Tax Rate 79%6,900 26%$97,237,802
Net Tax Rate 72%6,280 30%$99,854,848
Average Tax Rate 100%8,765 21%$99,854,848
%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 $53,612. It is estimated that the average taxable income for people who paid a net amount of tax was $69713.

The average net tax paid was $15,900. This equates to an average tax of 30 cents in the dollar on taxable income.

The Medicare levy was paid by 6,040 people for an average of $1,047. 85 people paid $1,081 on average more for the Medicare surcharge.

6,740 people earned a salary or wage and took home an average of $55,757 each.

Government allowance and payments were collected by 630 people for on average $5,677. 545 people received the pension or other allowance.

Charitable gifts and donations of an average of $363 were made by 3,770 people.

The costs of tax affairs for 4,585 people were claimed for $277 each.