TaxStats for postcode 2087 FY2013

Postcode 2087 includes Forestville, Forestville, Killarney Heights, Killarney Heights in New South Wales, and is in the federal electorate of Mackellar.

In FY 2013 the ATO recorded 7,420 individuals in postcode 2087. Of these people, 7,375 made a taxable income or loss. 5,915 of the population paid a gross amount of tax. After tax offsets, 5,345 people actually paid a net amount of tax. There were 2,030 non-taxable people who paid net tax of $0.

Compare TaxStats of 2087 with NSW

2087 TaxStats FY2013%Ppl#Ppl2087
Total Individuals100%7,420
Salary or Wage 70%5,210$76,614$399,158,976
Gross Interest69%5,120$3,534$18,095,800
Unfranked Dividends14%1,060$814$863,057
Franked Dividends42%3,080$7,133$21,970,187
Dividend Franking Credit41%3,070$3,063$9,402,574
Capital Gains7%495$12,116$5,997,360
Termination Payouts2%120$29,745$3,569,404
Tips/Directors Fees etc15%1,130$7,412$8,375,609
Business Income10%740$28,462$21,061,597
Foreign Income11%785$3,055$2,398,176
Government payments3%210$5,124$1,076,029
Government pensions7%485$9,493$4,604,205
Total Income or Loss100%7,390$74,274$548,885,711
Charitable Gifts42%3,105$584$1,812,895
Cost of Tax Affairs48%3,545$531$1,880,727
Work Car expenses20%1,505$3,252$4,894,659
Work Travel expenses11%830$1,285$1,066,666
Self Education expenses4%300$2,203$660,943
Total Deductions80%5,930$3,452$20,472,498
Taxable Income99%7,375$71,554$527,713,481
Medicare Levy 69%5,145$1,426$7,336,321
Medicare Surcharge 1%70$1,162$81,369
Gross Tax 80%5,915$22,691$134,215,246
Net Tax 72%5,345$25,735$137,551,949
Average Tax 100%7,420 $18,538$137,551,949
Gross Tax Rate 80%5,915 32%$134,215,246
Net Tax Rate 72%5,345 36%$137,551,949
Average Tax Rate 100%7,420 26%$137,551,949
%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 $71,554. It is estimated that the average taxable income for people who paid a net amount of tax was $94173.

The average net tax paid was $25,735. This equates to an average tax of 36 cents in the dollar on taxable income.

The Medicare levy was paid by 5,145 people for an average of $1,426. 70 people paid $1,162 on average more for the Medicare surcharge.

5,210 people earned a salary or wage and took home an average of $76,614 each.

Government allowance and payments were collected by 210 people for on average $5,124. 485 people received the pension or other allowance.

Charitable gifts and donations of an average of $584 were made by 3,105 people.

The costs of tax affairs for 3,545 people were claimed for $531 each.