TaxStats for postcode 2090 FY2013

Postcode 2090 includes Cremorne, Cremorne Junction, Cremorne Point in New South Wales, and is in the federal electorate of North Sydney.

In FY 2013 the ATO recorded 9,000 individuals in postcode 2090. Of these people, 8,940 made a taxable income or loss. 7,680 of the population paid a gross amount of tax. After tax offsets, 7,230 people actually paid a net amount of tax. There were 1,710 non-taxable people who paid net tax of $0.

Compare TaxStats of 2090 with NSW

2090 TaxStats FY2013%Ppl#Ppl2090
Total Individuals100%9,000
Salary or Wage 76%6,835$92,922$635,120,775
Gross Interest72%6,510$4,993$32,504,767
Unfranked Dividends14%1,215$1,752$2,128,480
Franked Dividends34%3,085$16,551$51,061,032
Dividend Franking Credit34%3,070$7,116$21,846,003
Capital Gains7%630$54,270$34,189,960
Termination Payouts2%180$55,460$9,982,807
Tips/Directors Fees etc14%1,230$9,172$11,281,736
Business Income11%955$40,744$38,910,941
Foreign Income12%1,085$3,945$4,279,785
Government payments3%235$5,259$1,235,979
Government pensions3%265$9,953$2,637,676
Total Income or Loss100%8,965$110,017$986,304,752
Charitable Gifts42%3,770$1,622$6,114,121
Cost of Tax Affairs50%4,525$811$3,671,388
Work Car expenses20%1,810$3,504$6,343,034
Work Travel expenses16%1,430$1,675$2,395,450
Self Education expenses5%475$2,901$1,377,941
Total Deductions84%7,535$5,385$40,577,690
Taxable Income99%8,940$105,573$943,820,310
Medicare Levy 76%6,865$1,933$13,271,183
Medicare Surcharge 2%195$1,251$243,890
Gross Tax 85%7,680$36,946$283,746,209
Net Tax 80%7,230$40,293$291,315,025
Average Tax 100%9,000 $32,368$291,315,025
Gross Tax Rate 85%7,680 35%$283,746,209
Net Tax Rate 80%7,230 38%$291,315,025
Average Tax Rate 100%9,000 31%$291,315,025
%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 $105,573. It is estimated that the average taxable income for people who paid a net amount of tax was $127704.

The average net tax paid was $40,293. This equates to an average tax of 38 cents in the dollar on taxable income.

The Medicare levy was paid by 6,865 people for an average of $1,933. 195 people paid $1,251 on average more for the Medicare surcharge.

6,835 people earned a salary or wage and took home an average of $92,922 each.

Government allowance and payments were collected by 235 people for on average $5,259. 265 people received the pension or other allowance.

Charitable gifts and donations of an average of $1,622 were made by 3,770 people.

The costs of tax affairs for 4,525 people were claimed for $811 each.