TaxStats for postcode 2024 FY2013

Postcode 2024 includes Bronte, Charing Cross, Waverley in New South Wales, and is in the federal electorate of Wentworth.

In FY 2013 the ATO recorded 7,280 individuals in postcode 2024. Of these people, 7,240 made a taxable income or loss. 6,105 of the population paid a gross amount of tax. After tax offsets, 5,755 people actually paid a net amount of tax. There were 1,485 non-taxable people who paid net tax of $0.

Compare TaxStats of 2024 with NSW

2024 TaxStats FY2013%Ppl#Ppl2024
Total Individuals100%7,280
Salary or Wage 77%5,590$85,489$477,883,403
Gross Interest67%4,870$4,038$19,665,388
Unfranked Dividends11%785$2,550$2,001,964
Franked Dividends30%2,150$17,219$37,021,558
Dividend Franking Credit29%2,140$7,418$15,874,278
Capital Gains5%365$44,335$16,182,419
Termination Payouts2%145$35,824$5,194,432
Tips/Directors Fees etc14%1,050$7,089$7,443,628
Business Income14%1,015$49,244$49,983,044
Foreign Income9%645$16,363$10,553,830
Government payments4%305$5,414$1,651,355
Government pensions3%245$9,781$2,396,449
Total Income or Loss100%7,260$102,898$747,037,920
Charitable Gifts38%2,780$1,228$3,415,137
Cost of Tax Affairs52%3,820$758$2,896,176
Work Car expenses20%1,435$3,789$5,436,867
Work Travel expenses16%1,130$1,901$2,147,855
Self Education expenses5%345$2,483$856,552
Total Deductions81%5,930$5,445$32,287,379
Taxable Income99%7,240$98,520$713,284,314
Medicare Levy 75%5,480$1,840$10,082,342
Medicare Surcharge 2%165$1,176$194,061
Gross Tax 84%6,105$34,771$212,275,223
Net Tax 79%5,755$37,910$218,174,341
Average Tax 100%7,280 $29,969$218,174,341
Gross Tax Rate 84%6,105 35%$212,275,223
Net Tax Rate 79%5,755 38%$218,174,341
Average Tax Rate 100%7,280 30%$218,174,341
%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 $98,520. It is estimated that the average taxable income for people who paid a net amount of tax was $120845.

The average net tax paid was $37,910. This equates to an average tax of 38 cents in the dollar on taxable income.

The Medicare levy was paid by 5,480 people for an average of $1,840. 165 people paid $1,176 on average more for the Medicare surcharge.

5,590 people earned a salary or wage and took home an average of $85,489 each.

Government allowance and payments were collected by 305 people for on average $5,414. 245 people received the pension or other allowance.

Charitable gifts and donations of an average of $1,228 were made by 2,780 people.

The costs of tax affairs for 3,820 people were claimed for $758 each.