TaxStats for postcode 2023 FY2013

Postcode 2023 includes Bellevue Hill in New South Wales, and is in the federal electorate of Wentworth.

In FY 2013 the ATO recorded 6,945 individuals in postcode 2023. Of these people, 6,895 made a taxable income or loss. 5,915 of the population paid a gross amount of tax. After tax offsets, 5,620 people actually paid a net amount of tax. There were 1,275 non-taxable people who paid net tax of $0.

Compare TaxStats of 2023 with NSW

2023 TaxStats FY2013%Ppl#Ppl2023
Total Individuals100%6,945
Salary or Wage 68%4,725$91,787$433,691,762
Gross Interest72%4,970$8,654$43,012,727
Unfranked Dividends15%1,010$3,901$3,939,911
Franked Dividends37%2,575$39,470$101,634,069
Dividend Franking Credit37%2,560$17,014$43,556,875
Capital Gains8%575$96,566$55,525,734
Termination Payouts2%105$40,088$4,209,236
Tips/Directors Fees etc12%850$12,249$10,411,342
Business Income13%910$76,881$69,961,942
Foreign Income13%880$10,967$9,650,769
Government payments3%200$5,793$1,158,630
Government pensions2%125$10,499$1,312,347
Total Income or Loss100%6,920$152,112$1,052,613,788
Charitable Gifts39%2,735$3,365$9,204,015
Cost of Tax Affairs50%3,500$2,096$7,337,671
Work Car expenses17%1,170$3,999$4,679,058
Work Travel expenses13%900$1,945$1,750,579
Self Education expenses4%285$2,693$767,420
Total Deductions81%5,600$9,797$54,861,487
Taxable Income99%6,895$144,150$993,915,736
Medicare Levy 77%5,380$2,680$14,417,139
Medicare Surcharge 2%105$1,766$185,391
Gross Tax 85%5,915$57,117$337,848,851
Net Tax 81%5,620$61,471$345,466,490
Average Tax 100%6,945 $49,743$345,466,490
Gross Tax Rate 85%5,915 40%$337,848,851
Net Tax Rate 81%5,620 43%$345,466,490
Average Tax Rate 100%6,945 35%$345,466,490
%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 $144,150. It is estimated that the average taxable income for people who paid a net amount of tax was $174131.

The average net tax paid was $61,471. This equates to an average tax of 43 cents in the dollar on taxable income.

The Medicare levy was paid by 5,380 people for an average of $2,680. 105 people paid $1,766 on average more for the Medicare surcharge.

4,725 people earned a salary or wage and took home an average of $91,787 each.

Government allowance and payments were collected by 200 people for on average $5,793. 125 people received the pension or other allowance.

Charitable gifts and donations of an average of $3,365 were made by 2,735 people.

The costs of tax affairs for 3,500 people were claimed for $2,096 each.