TaxStats for postcode 2008 FY2013

Postcode 2008 includes Chippendale, Chippendale, Darlington, Darlington, Golden Grove, Golden Grove in New South Wales, and is in the federal electorate of Sydney.

In FY 2013 the ATO recorded 4,605 individuals in postcode 2008. Of these people, 4,595 made a taxable income or loss. 3,545 of the population paid a gross amount of tax. After tax offsets, 3,340 people actually paid a net amount of tax. There were 1,255 non-taxable people who paid net tax of $0.

Compare TaxStats of 2008 with NSW

2008 TaxStats FY2013%Ppl#Ppl2008
Avg
2008
Total
Total Individuals100%4,605
Income
Salary or Wage 91%4,170$51,033$212,806,958
Gross Interest58%2,690$1,516$4,077,417
Unfranked Dividends4%180$444$79,904
Franked Dividends13%620$4,001$2,480,567
Dividend Franking Credit13%615$1,727$1,062,352
Capital Gains2%100$7,389$738,906
Termination Payouts1%60$14,073$844,403
Tips/Directors Fees etc12%570$4,936$2,813,344
Business Income10%480$17,903$8,593,554
Foreign Income3%140$1,720$240,839
Government payments7%340$5,460$1,856,512
Government pensions1%35$8,232$288,104
Total Income or Loss100%4,600$53,600$246,558,255
Deducations
Charitable Gifts30%1,370$626$858,284
Cost of Tax Affairs38%1,735$327$567,982
Work Car expenses12%560$2,365$1,324,468
Work Travel expenses16%735$1,271$933,874
Self Education expenses8%375$2,777$1,041,271
Total Deductions75%3,435$2,752$9,453,836
Taxation
Taxable Income100%4,595$51,552$236,880,238
Medicare Levy 66%3,020$1,025$3,094,172
Medicare Surcharge 2%85$1,255$106,669
Gross Tax 77%3,545$13,573$48,115,254
Net Tax 73%3,340$14,988$50,058,588
Average Tax 100%4,605 $10,870$50,058,588
Gross Tax Rate 77%3,545 26%$48,115,254
Net Tax Rate 73%3,340 29%$50,058,588
Average Tax Rate 100%4,605 21%$50,058,588
%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 $51,552. It is estimated that the average taxable income for people who paid a net amount of tax was $66413.

The average net tax paid was $14,988. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 3,020 people for an average of $1,025. 85 people paid $1,255 on average more for the Medicare surcharge.

4,170 people earned a salary or wage and took home an average of $51,033 each.

Government allowance and payments were collected by 340 people for on average $5,460. 35 people received the pension or other allowance.

Charitable gifts and donations of an average of $626 were made by 1,370 people.

The costs of tax affairs for 1,735 people were claimed for $327 each.