TaxStats for postcode 2032 FY2013

Postcode 2032 includes Daceyville, Kingsford in New South Wales, and is in the federal electorate of Kingsford Smith.

In FY 2013 the ATO recorded 8,385 individuals in postcode 2032. Of these people, 8,310 made a taxable income or loss. 6,465 of the population paid a gross amount of tax. After tax offsets, 5,925 people actually paid a net amount of tax. There were 2,385 non-taxable people who paid net tax of $0.

Compare TaxStats of 2032 with NSW

2032 TaxStats FY2013%Ppl#Ppl2032
Total Individuals100%8,385
Salary or Wage 79%6,635$54,999$364,918,405
Gross Interest65%5,490$2,915$16,000,875
Unfranked Dividends8%670$689$461,377
Franked Dividends25%2,080$5,285$10,993,636
Dividend Franking Credit25%2,065$2,280$4,709,073
Capital Gains4%310$18,770$5,818,648
Termination Payouts1%115$24,179$2,780,587
Tips/Directors Fees etc15%1,250$4,215$5,268,369
Business Income9%745$30,182$22,485,311
Foreign Income5%445$698$310,766
Government payments5%445$5,822$2,590,914
Government pensions3%270$9,990$2,697,318
Total Income or Loss99%8,335$57,304$477,628,710
Charitable Gifts33%2,785$518$1,442,970
Cost of Tax Affairs45%3,740$340$1,270,645
Work Car expenses16%1,300$2,965$3,854,890
Work Travel expenses12%1,000$1,503$1,502,978
Self Education expenses6%505$2,618$1,322,126
Total Deductions76%6,390$2,997$19,150,536
Taxable Income99%8,310$55,058$457,530,449
Medicare Levy 65%5,455$1,110$6,055,959
Medicare Surcharge 1%105$1,088$114,244
Gross Tax 77%6,465$15,418$99,679,727
Net Tax 71%5,925$17,326$102,658,703
Average Tax 100%8,385 $12,243$102,658,703
Gross Tax Rate 77%6,465 28%$99,679,727
Net Tax Rate 71%5,925 31%$102,658,703
Average Tax Rate 100%8,385 22%$102,658,703
%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 $55,058. It is estimated that the average taxable income for people who paid a net amount of tax was $72390.

The average net tax paid was $17,326. This equates to an average tax of 31 cents in the dollar on taxable income.

The Medicare levy was paid by 5,455 people for an average of $1,110. 105 people paid $1,088 on average more for the Medicare surcharge.

6,635 people earned a salary or wage and took home an average of $54,999 each.

Government allowance and payments were collected by 445 people for on average $5,822. 270 people received the pension or other allowance.

Charitable gifts and donations of an average of $518 were made by 2,785 people.

The costs of tax affairs for 3,740 people were claimed for $340 each.