TaxStats for postcode 2021 FY2013

Postcode 2021 includes Centennial Park, Moore Park, Paddington in New South Wales, and is in the federal electorate of Wentworth.

In FY 2013 the ATO recorded 10,530 individuals in postcode 2021. Of these people, 10,450 made a taxable income or loss. 8,965 of the population paid a gross amount of tax. After tax offsets, 8,540 people actually paid a net amount of tax. There were 1,910 non-taxable people who paid net tax of $0.

Compare TaxStats of 2021 with NSW

2021 TaxStats FY2013%Ppl#Ppl2021
Total Individuals100%10,530
Salary or Wage 77%8,145$89,065$725,431,146
Gross Interest66%6,930$4,013$27,810,358
Unfranked Dividends11%1,175$2,257$2,651,425
Franked Dividends28%2,975$20,164$59,989,210
Dividend Franking Credit28%2,965$8,666$25,693,262
Capital Gains6%615$25,548$15,711,763
Termination Payouts2%195$47,122$9,188,706
Tips/Directors Fees etc13%1,360$10,501$14,281,143
Business Income13%1,380$61,099$84,316,694
Foreign Income10%1,015$5,294$5,373,069
Government payments4%435$5,157$2,243,351
Government pensions2%195$10,119$1,973,229
Total Income or Loss100%10,495$108,300$1,136,612,793
Charitable Gifts37%3,920$1,546$6,059,840
Cost of Tax Affairs50%5,250$879$4,613,259
Work Car expenses17%1,840$3,696$6,801,385
Work Travel expenses17%1,785$1,900$3,391,869
Self Education expenses6%600$2,911$1,746,888
Total Deductions81%8,495$5,723$48,616,183
Taxable Income99%10,450$103,858$1,085,316,017
Medicare Levy 76%8,000$1,919$15,349,651
Medicare Surcharge 3%285$1,359$387,304
Gross Tax 85%8,965$36,432$326,613,109
Net Tax 81%8,540$39,347$336,025,988
Average Tax 100%10,530 $31,911$336,025,988
Gross Tax Rate 85%8,965 35%$326,613,109
Net Tax Rate 81%8,540 38%$336,025,988
Average Tax Rate 100%10,530 31%$336,025,988
%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 $103,858. It is estimated that the average taxable income for people who paid a net amount of tax was $124402.

The average net tax paid was $39,347. This equates to an average tax of 38 cents in the dollar on taxable income.

The Medicare levy was paid by 8,000 people for an average of $1,919. 285 people paid $1,359 on average more for the Medicare surcharge.

8,145 people earned a salary or wage and took home an average of $89,065 each.

Government allowance and payments were collected by 435 people for on average $5,157. 195 people received the pension or other allowance.

Charitable gifts and donations of an average of $1,546 were made by 3,920 people.

The costs of tax affairs for 5,250 people were claimed for $879 each.