TaxStats for postcode 2072 FY2013

Postcode 2072 includes Gordon in New South Wales, and is in the federal electorate of Bradfield.

In FY 2013 the ATO recorded 4,795 individuals in postcode 2072. Of these people, 4,740 made a taxable income or loss. 3,715 of the population paid a gross amount of tax. After tax offsets, 3,440 people actually paid a net amount of tax. There were 1,300 non-taxable people who paid net tax of $0.

Compare TaxStats of 2072 with NSW

2072 TaxStats FY2013%Ppl#Ppl2072
Avg
2072
Total
Total Individuals100%4,795
Income
Salary or Wage 67%3,225$82,324$265,496,204
Gross Interest74%3,535$4,737$16,743,740
Unfranked Dividends18%860$2,624$2,256,614
Franked Dividends41%1,985$16,387$32,528,937
Dividend Franking Credit41%1,975$7,048$13,919,873
Capital Gains9%420$20,728$8,705,579
Termination Payouts2%85$64,872$5,514,090
Tips/Directors Fees etc11%550$10,837$5,960,501
Business Income9%450$48,387$21,774,283
Foreign Income14%680$3,391$2,306,181
Government payments3%135$5,496$741,967
Government pensions3%165$9,973$1,645,612
Total Income or Loss99%4,750$92,652$440,097,977
Deducations
Charitable Gifts37%1,780$1,765$3,142,474
Cost of Tax Affairs41%1,965$2,108$4,141,699
Work Car expenses14%695$3,017$2,096,599
Work Travel expenses9%445$1,593$708,766
Self Education expenses4%215$2,879$619,070
Total Deductions74%3,565$6,518$23,235,004
Taxation
Taxable Income99%4,740$87,659$415,502,768
Medicare Levy 67%3,235$1,789$5,788,746
Medicare Surcharge 1%55$1,532$84,237
Gross Tax 77%3,715$32,273$119,893,524
Net Tax 72%3,440$35,624$122,545,951
Average Tax 100%4,795 $25,557$122,545,951
Gross Tax Rate 77%3,715 37%$119,893,524
Net Tax Rate 72%3,440 41%$122,545,951
Average Tax Rate 100%4,795 29%$122,545,951
%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 $87,659. It is estimated that the average taxable income for people who paid a net amount of tax was $116251.

The average net tax paid was $35,624. This equates to an average tax of 41 cents in the dollar on taxable income.

The Medicare levy was paid by 3,235 people for an average of $1,789. 55 people paid $1,532 on average more for the Medicare surcharge.

3,225 people earned a salary or wage and took home an average of $82,324 each.

Government allowance and payments were collected by 135 people for on average $5,496. 165 people received the pension or other allowance.

Charitable gifts and donations of an average of $1,765 were made by 1,780 people.

The costs of tax affairs for 1,965 people were claimed for $2,108 each.