TaxStats for postcode 2037 FY2013

Postcode 2037 includes Forest Lodge, Glebe in New South Wales, and is in the federal electorate of Sydney.

In FY 2013 the ATO recorded 8,675 individuals in postcode 2037. Of these people, 8,640 made a taxable income or loss. 7,180 of the population paid a gross amount of tax. After tax offsets, 6,745 people actually paid a net amount of tax. There were 1,895 non-taxable people who paid net tax of $0.

Compare TaxStats of 2037 with NSW

2037 TaxStats FY2013%Ppl#Ppl2037
Total Individuals100%8,675
Salary or Wage 84%7,315$65,927$482,259,192
Gross Interest64%5,535$2,650$14,669,506
Unfranked Dividends9%755$789$595,981
Franked Dividends23%2,005$10,818$21,689,888
Dividend Franking Credit23%1,995$4,659$9,293,723
Capital Gains4%360$21,656$7,796,268
Termination Payouts2%155$32,114$4,977,674
Tips/Directors Fees etc14%1,195$5,864$7,008,052
Business Income11%965$38,833$37,473,613
Foreign Income7%605$1,812$1,096,231
Government payments8%670$5,405$3,621,195
Government pensions2%195$10,411$2,030,149
Total Income or Loss100%8,660$75,341$652,456,731
Charitable Gifts36%3,130$920$2,880,998
Cost of Tax Affairs45%3,945$511$2,014,478
Work Car expenses15%1,320$2,691$3,552,575
Work Travel expenses15%1,305$1,629$2,125,634
Self Education expenses7%565$2,837$1,602,934
Total Deductions80%6,970$4,283$29,855,452
Taxable Income100%8,640$71,958$621,717,862
Medicare Levy 74%6,390$1,349$8,622,388
Medicare Surcharge 2%205$1,103$226,212
Gross Tax 83%7,180$21,898$157,229,327
Net Tax 78%6,745$24,066$162,323,609
Average Tax 100%8,675 $18,712$162,323,609
Gross Tax Rate 83%7,180 30%$157,229,327
Net Tax Rate 78%6,745 33%$162,323,609
Average Tax Rate 100%8,675 26%$162,323,609
%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 $71,958. It is estimated that the average taxable income for people who paid a net amount of tax was $88803.

The average net tax paid was $24,066. This equates to an average tax of 33 cents in the dollar on taxable income.

The Medicare levy was paid by 6,390 people for an average of $1,349. 205 people paid $1,103 on average more for the Medicare surcharge.

7,315 people earned a salary or wage and took home an average of $65,927 each.

Government allowance and payments were collected by 670 people for on average $5,405. 195 people received the pension or other allowance.

Charitable gifts and donations of an average of $920 were made by 3,130 people.

The costs of tax affairs for 3,945 people were claimed for $511 each.