TaxStats for postcode 2086 FY2013

Postcode 2086 includes Frenchs Forest, Frenchs Forest, Frenchs Forest East, Frenchs Forest East in New South Wales, and is in the federal electorate of Mackellar.

In FY 2013 the ATO recorded 8,030 individuals in postcode 2086. Of these people, 7,975 made a taxable income or loss. 6,450 of the population paid a gross amount of tax. After tax offsets, 5,920 people actually paid a net amount of tax. There were 2,055 non-taxable people who paid net tax of $0.

Compare TaxStats of 2086 with NSW

2086 TaxStats FY2013%Ppl#Ppl2086
Total Individuals100%8,030
Salary or Wage 76%6,075$69,166$420,184,403
Gross Interest66%5,305$2,872$15,234,614
Unfranked Dividends13%1,015$858$870,487
Franked Dividends38%3,040$5,699$17,325,734
Dividend Franking Credit38%3,035$2,441$7,407,223
Capital Gains6%500$13,203$6,601,546
Termination Payouts2%125$33,377$4,172,145
Tips/Directors Fees etc16%1,310$6,430$8,422,767
Business Income9%755$22,535$17,013,636
Foreign Income9%690$1,288$888,606
Government payments3%215$5,061$1,088,202
Government pensions6%470$9,129$4,290,467
Total Income or Loss100%8,000$68,981$551,847,294
Charitable Gifts39%3,150$518$1,630,686
Cost of Tax Affairs47%3,785$443$1,675,696
Work Car expenses22%1,730$3,251$5,624,034
Work Travel expenses12%930$1,201$1,117,384
Self Education expenses4%335$1,880$629,722
Total Deductions80%6,435$3,166$20,372,525
Taxable Income99%7,975$66,473$530,120,807
Medicare Levy 71%5,725$1,291$7,392,804
Medicare Surcharge 1%75$1,550$116,235
Gross Tax 80%6,450$19,824$127,862,553
Net Tax 74%5,920$22,185$131,332,674
Average Tax 100%8,030 $16,355$131,332,674
Gross Tax Rate 80%6,450 30%$127,862,553
Net Tax Rate 74%5,920 33%$131,332,674
Average Tax Rate 100%8,030 25%$131,332,674
%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 $66,473. It is estimated that the average taxable income for people who paid a net amount of tax was $85382.

The average net tax paid was $22,185. This equates to an average tax of 33 cents in the dollar on taxable income.

The Medicare levy was paid by 5,725 people for an average of $1,291. 75 people paid $1,550 on average more for the Medicare surcharge.

6,075 people earned a salary or wage and took home an average of $69,166 each.

Government allowance and payments were collected by 215 people for on average $5,061. 470 people received the pension or other allowance.

Charitable gifts and donations of an average of $518 were made by 3,150 people.

The costs of tax affairs for 3,785 people were claimed for $443 each.