TaxStats for postcode 2076 FY2013
Postcode 2076 includes Normanhurst, North Wahroonga, Wahroonga in New South Wales, and is in the federal electorate of Berowra.
In FY 2013 the ATO recorded 14,935 individuals in postcode 2076. Of these people, 14,820 made a taxable income or loss. 11,900 of the population paid a gross amount of tax. After tax offsets, 10,945 people actually paid a net amount of tax. There were 3,875 non-taxable people who paid net tax of $0.
Compare TaxStats of 2076 with NSW
| 2076 TaxStats FY2013 | %Ppl | #Ppl | 2076 Avg | 2076 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 14,935 | ||
| Income | ||||
| Salary or Wage | 71% | 10,555 | $79,932 | $843,686,538 |
| Gross Interest | 69% | 10,330 | $4,260 | $44,001,381 |
| Unfranked Dividends | 16% | 2,370 | $1,543 | $3,657,494 |
| Franked Dividends | 41% | 6,125 | $14,199 | $86,971,255 |
| Dividend Franking Credit | 41% | 6,110 | $6,097 | $37,254,727 |
| Capital Gains | 7% | 1,100 | $30,638 | $33,701,555 |
| Termination Payouts | 2% | 225 | $49,583 | $11,156,194 |
| Tips/Directors Fees etc | 16% | 2,365 | $7,571 | $17,905,916 |
| Business Income | 9% | 1,350 | $56,727 | $76,580,824 |
| Foreign Income | 12% | 1,835 | $4,036 | $7,405,793 |
| Government payments | 3% | 510 | $5,123 | $2,612,704 |
| Government pensions | 5% | 790 | $9,214 | $7,279,245 |
| Total Income or Loss | 100% | 14,875 | $88,836 | $1,321,433,511 |
| Deducations | ||||
| Charitable Gifts | 40% | 5,925 | $1,499 | $8,881,666 |
| Cost of Tax Affairs | 46% | 6,830 | $661 | $4,516,825 |
| Work Car expenses | 18% | 2,660 | $3,556 | $9,459,310 |
| Work Travel expenses | 10% | 1,540 | $1,557 | $2,397,376 |
| Self Education expenses | 4% | 645 | $2,392 | $1,542,899 |
| Total Deductions | 79% | 11,840 | $4,770 | $56,476,593 |
| Taxation | ||||
| Taxable Income | 99% | 14,820 | $85,163 | $1,262,116,329 |
| Medicare Levy | 70% | 10,510 | $1,685 | $17,708,984 |
| Medicare Surcharge | 1% | 130 | $1,164 | $151,377 |
| Gross Tax | 80% | 11,900 | $29,820 | $354,855,840 |
| Net Tax | 73% | 10,945 | $33,197 | $363,338,063 |
| Average Tax | 100% | 14,935 | $24,328 | $363,338,063 |
| Gross Tax Rate | 80% | 11,900 | 35% | $354,855,840 |
| Net Tax Rate | 73% | 10,945 | 39% | $363,338,063 |
| Average Tax Rate | 100% | 14,935 | 29% | $363,338,063 |
| %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 $85,163. It is estimated that the average taxable income for people who paid a net amount of tax was $111066.
The average net tax paid was $33,197. This equates to an average tax of 39 cents in the dollar on taxable income.
The Medicare levy was paid by 10,510 people for an average of $1,685. 130 people paid $1,164 on average more for the Medicare surcharge.
10,555 people earned a salary or wage and took home an average of $79,932 each.
Government allowance and payments were collected by 510 people for on average $5,123. 790 people received the pension or other allowance.
Charitable gifts and donations of an average of $1,499 were made by 5,925 people.
The costs of tax affairs for 6,830 people were claimed for $661 each.