TaxStats for postcode 2062 FY2013

Postcode 2062 includes Cammeray in New South Wales, and is in the federal electorate of North Sydney.

In FY 2013 the ATO recorded 4,700 individuals in postcode 2062. Of these people, 4,670 made a taxable income or loss. 4,060 of the population paid a gross amount of tax. After tax offsets, 3,845 people actually paid a net amount of tax. There were 825 non-taxable people who paid net tax of $0.

Compare TaxStats of 2062 with NSW

2062 TaxStats FY2013%Ppl#Ppl2062
Total Individuals100%4,700
Salary or Wage 80%3,740$86,804$324,645,307
Gross Interest72%3,385$3,526$11,936,121
Unfranked Dividends13%610$1,347$821,460
Franked Dividends35%1,640$13,148$21,562,982
Dividend Franking Credit35%1,630$5,663$9,230,360
Capital Gains7%340$24,551$8,347,312
Termination Payouts2%110$42,218$4,643,977
Tips/Directors Fees etc16%730$7,622$5,563,917
Business Income10%485$43,522$21,108,299
Foreign Income11%525$3,941$2,069,113
Government payments3%120$5,866$703,960
Government pensions2%105$9,993$1,049,243
Total Income or Loss100%4,680$97,745$457,446,564
Charitable Gifts43%2,000$827$1,653,496
Cost of Tax Affairs50%2,360$655$1,544,829
Work Car expenses24%1,120$3,483$3,901,174
Work Travel expenses16%750$1,514$1,135,664
Self Education expenses6%260$2,681$697,050
Total Deductions85%3,990$4,597$18,342,150
Taxable Income99%4,670$93,914$438,580,712
Medicare Levy 79%3,710$1,680$6,234,029
Medicare Surcharge 1%70$1,495$104,660
Gross Tax 86%4,060$30,263$122,869,222
Net Tax 82%3,845$32,813$126,165,295
Average Tax 100%4,700 $26,844$126,165,295
Gross Tax Rate 86%4,060 32%$122,869,222
Net Tax Rate 82%3,845 35%$126,165,295
Average Tax Rate 100%4,700 29%$126,165,295
%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 $93,914. It is estimated that the average taxable income for people who paid a net amount of tax was $111490.

The average net tax paid was $32,813. This equates to an average tax of 35 cents in the dollar on taxable income.

The Medicare levy was paid by 3,710 people for an average of $1,680. 70 people paid $1,495 on average more for the Medicare surcharge.

3,740 people earned a salary or wage and took home an average of $86,804 each.

Government allowance and payments were collected by 120 people for on average $5,866. 105 people received the pension or other allowance.

Charitable gifts and donations of an average of $827 were made by 2,000 people.

The costs of tax affairs for 2,360 people were claimed for $655 each.