TaxStats for postcode 2045 FY2013

Postcode 2045 includes Haberfield in New South Wales, and is in the federal electorate of Grayndler.

In FY 2013 the ATO recorded 4,000 individuals in postcode 2045. Of these people, 3,980 made a taxable income or loss. 3,355 of the population paid a gross amount of tax. After tax offsets, 3,115 people actually paid a net amount of tax. There were 865 non-taxable people who paid net tax of $0.

Compare TaxStats of 2045 with NSW

2045 TaxStats FY2013%Ppl#Ppl2045
Total Individuals100%4,000
Salary or Wage 74%2,975$74,243$220,873,713
Gross Interest68%2,730$3,760$10,265,481
Unfranked Dividends12%500$833$416,373
Franked Dividends38%1,535$8,024$12,316,135
Dividend Franking Credit38%1,530$3,442$5,265,879
Capital Gains6%225$23,930$5,384,268
Termination Payouts1%50$58,797$2,939,835
Tips/Directors Fees etc15%600$5,657$3,394,040
Business Income12%465$40,090$18,641,693
Foreign Income9%365$1,304$475,987
Government payments4%150$4,817$722,531
Government pensions4%160$8,891$1,422,592
Total Income or Loss100%3,990$84,255$336,175,906
Charitable Gifts44%1,745$561$979,593
Cost of Tax Affairs52%2,060$528$1,087,254
Work Car expenses19%745$3,341$2,488,752
Work Travel expenses11%450$1,302$585,745
Self Education expenses4%160$2,046$327,371
Total Deductions81%3,230$4,126$13,325,825
Taxable Income100%3,980$81,025$322,480,140
Medicare Levy 76%3,020$1,525$4,604,019
Medicare Surcharge 1%45$1,543$69,453
Gross Tax 84%3,355$26,009$87,259,673
Net Tax 78%3,115$28,824$89,786,258
Average Tax 100%4,000 $22,447$89,786,258
Gross Tax Rate 84%3,355 32%$87,259,673
Net Tax Rate 78%3,115 36%$89,786,258
Average Tax Rate 100%4,000 28%$89,786,258
%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 $81,025. It is estimated that the average taxable income for people who paid a net amount of tax was $100193.

The average net tax paid was $28,824. This equates to an average tax of 36 cents in the dollar on taxable income.

The Medicare levy was paid by 3,020 people for an average of $1,525. 45 people paid $1,543 on average more for the Medicare surcharge.

2,975 people earned a salary or wage and took home an average of $74,243 each.

Government allowance and payments were collected by 150 people for on average $4,817. 160 people received the pension or other allowance.

Charitable gifts and donations of an average of $561 were made by 1,745 people.

The costs of tax affairs for 2,060 people were claimed for $528 each.