TaxStats for postcode 2063 FY2013

Postcode 2063 includes Northbridge in New South Wales, and is in the federal electorate of North Sydney.

In FY 2013 the ATO recorded 4,180 individuals in postcode 2063. Of these people, 4,145 made a taxable income or loss. 3,425 of the population paid a gross amount of tax. After tax offsets, 3,195 people actually paid a net amount of tax. There were 950 non-taxable people who paid net tax of $0.

Compare TaxStats of 2063 with NSW

2063 TaxStats FY2013%Ppl#Ppl2063
Total Individuals100%4,180
Salary or Wage 64%2,695$112,272$302,573,835
Gross Interest76%3,175$6,235$19,795,390
Unfranked Dividends18%770$2,024$1,558,296
Franked Dividends47%1,975$18,559$36,654,595
Dividend Franking Credit47%1,970$7,971$15,702,169
Capital Gains10%435$72,864$31,695,760
Termination Payouts2%65$71,451$4,644,310
Tips/Directors Fees etc12%515$10,664$5,491,890
Business Income11%470$71,709$33,703,325
Foreign Income16%650$9,201$5,980,492
Government payments3%110$5,032$553,482
Government pensions3%120$9,102$1,092,187
Total Income or Loss100%4,165$138,007$574,798,178
Charitable Gifts43%1,785$2,750$4,908,198
Cost of Tax Affairs47%1,975$1,363$2,692,348
Work Car expenses15%625$4,286$2,678,607
Work Travel expenses9%380$1,232$468,211
Self Education expenses3%140$2,576$360,675
Total Deductions79%3,300$8,253$27,234,253
Taxable Income99%4,145$131,842$546,487,103
Medicare Levy 74%3,090$2,547$7,869,177
Medicare Surcharge 1%55$1,378$75,802
Gross Tax 82%3,425$53,238$182,339,444
Net Tax 76%3,195$58,145$185,772,634
Average Tax 100%4,180 $44,443$185,772,634
Gross Tax Rate 82%3,425 40%$182,339,444
Net Tax Rate 76%3,195 44%$185,772,634
Average Tax Rate 100%4,180 34%$185,772,634
%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 $131,842. It is estimated that the average taxable income for people who paid a net amount of tax was $167476.

The average net tax paid was $58,145. This equates to an average tax of 44 cents in the dollar on taxable income.

The Medicare levy was paid by 3,090 people for an average of $2,547. 55 people paid $1,378 on average more for the Medicare surcharge.

2,695 people earned a salary or wage and took home an average of $112,272 each.

Government allowance and payments were collected by 110 people for on average $5,032. 120 people received the pension or other allowance.

Charitable gifts and donations of an average of $2,750 were made by 1,785 people.

The costs of tax affairs for 1,975 people were claimed for $1,363 each.