TaxStats for postcode 2075 FY2013

Postcode 2075 includes North St Ives, St Ives, St Ives Chase in New South Wales, and is in the federal electorate of Bradfield.

In FY 2013 the ATO recorded 12,755 individuals in postcode 2075. Of these people, 12,635 made a taxable income or loss. 10,085 of the population paid a gross amount of tax. After tax offsets, 9,120 people actually paid a net amount of tax. There were 3,515 non-taxable people who paid net tax of $0.

Compare TaxStats of 2075 with NSW

2075 TaxStats FY2013%Ppl#Ppl2075
Avg
2075
Total
Total Individuals100%12,755
Income
Salary or Wage 67%8,490$82,710$702,208,244
Gross Interest72%9,220$5,108$47,091,407
Unfranked Dividends17%2,180$1,422$3,099,225
Franked Dividends44%5,570$13,538$75,408,518
Dividend Franking Credit44%5,560$5,810$32,305,510
Capital Gains9%1,090$20,731$22,597,053
Termination Payouts1%185$59,818$11,066,395
Tips/Directors Fees etc14%1,765$10,579$18,672,239
Business Income9%1,140$45,533$51,908,020
Foreign Income14%1,790$4,850$8,681,630
Government payments3%330$5,310$1,752,454
Government pensions5%690$8,761$6,045,088
Total Income or Loss99%12,675$88,770$1,125,165,412
Deducations
Charitable Gifts40%5,040$1,187$5,980,632
Cost of Tax Affairs45%5,700$768$4,378,869
Work Car expenses17%2,170$3,863$8,381,731
Work Travel expenses9%1,195$1,598$1,909,675
Self Education expenses3%440$2,558$1,125,436
Total Deductions78%9,920$4,713$46,754,428
Taxation
Taxable Income99%12,635$84,868$1,072,309,132
Medicare Levy 69%8,790$1,711$15,037,024
Medicare Surcharge 1%115$1,500$172,545
Gross Tax 79%10,085$29,880$301,335,586
Net Tax 72%9,120$33,658$306,963,709
Average Tax 100%12,755 $24,066$306,963,709
Gross Tax Rate 79%10,085 35%$301,335,586
Net Tax Rate 72%9,120 40%$306,963,709
Average Tax Rate 100%12,755 28%$306,963,709
%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 $84,868. It is estimated that the average taxable income for people who paid a net amount of tax was $112953.

The average net tax paid was $33,658. This equates to an average tax of 40 cents in the dollar on taxable income.

The Medicare levy was paid by 8,790 people for an average of $1,711. 115 people paid $1,500 on average more for the Medicare surcharge.

8,490 people earned a salary or wage and took home an average of $82,710 each.

Government allowance and payments were collected by 330 people for on average $5,310. 690 people received the pension or other allowance.

Charitable gifts and donations of an average of $1,187 were made by 5,040 people.

The costs of tax affairs for 5,700 people were claimed for $768 each.