TaxStats for postcode 2035 FY2013

Postcode 2035 includes Maroubra, Maroubra South, Pagewood in New South Wales, and is in the federal electorate of Kingsford Smith.

In FY 2013 the ATO recorded 20,200 individuals in postcode 2035. Of these people, 20,055 made a taxable income or loss. 16,590 of the population paid a gross amount of tax. After tax offsets, 15,395 people actually paid a net amount of tax. There were 4,660 non-taxable people who paid net tax of $0.

Compare TaxStats of 2035 with NSW

2035 TaxStats FY2013%Ppl#Ppl2035
Avg
2035
Total
Total Individuals100%20,200
Income
Salary or Wage 78%15,815$63,106$998,026,205
Gross Interest64%13,020$3,316$43,178,188
Unfranked Dividends9%1,840$823$1,513,873
Franked Dividends29%5,845$6,503$38,007,449
Dividend Franking Credit29%5,830$2,792$16,277,970
Capital Gains4%845$21,727$18,359,209
Termination Payouts2%320$19,540$6,252,795
Tips/Directors Fees etc17%3,430$5,607$19,231,581
Business Income10%1,960$26,051$51,059,386
Foreign Income6%1,140$4,602$5,246,021
Government payments5%930$5,402$5,023,700
Government pensions4%830$9,550$7,926,353
Total Income or Loss99%20,085$66,727$1,340,215,289
Deducations
Charitable Gifts36%7,285$566$4,121,218
Cost of Tax Affairs51%10,270$430$4,419,416
Work Car expenses20%4,130$3,175$13,112,792
Work Travel expenses13%2,580$1,535$3,960,891
Self Education expenses5%1,010$2,382$2,405,464
Total Deductions80%16,260$3,534$57,468,324
Taxation
Taxable Income99%20,055$63,817$1,279,851,810
Medicare Levy 71%14,305$1,209$17,293,932
Medicare Surcharge 2%305$1,136$346,481
Gross Tax 82%16,590$17,963$297,998,760
Net Tax 76%15,395$19,822$305,156,875
Average Tax 100%20,200 $15,107$305,156,875
Gross Tax Rate 82%16,590 28%$297,998,760
Net Tax Rate 76%15,395 31%$305,156,875
Average Tax Rate 100%20,200 24%$305,156,875
%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 $63,817. It is estimated that the average taxable income for people who paid a net amount of tax was $79502.

The average net tax paid was $19,822. This equates to an average tax of 31 cents in the dollar on taxable income.

The Medicare levy was paid by 14,305 people for an average of $1,209. 305 people paid $1,136 on average more for the Medicare surcharge.

15,815 people earned a salary or wage and took home an average of $63,106 each.

Government allowance and payments were collected by 930 people for on average $5,402. 830 people received the pension or other allowance.

Charitable gifts and donations of an average of $566 were made by 7,285 people.

The costs of tax affairs for 10,270 people were claimed for $430 each.