TaxStats for postcode 2093 FY2013

Postcode 2093 includes Balgowlah, Balgowlah Heights, Clontarf, Manly Vale, North Balgowlah in New South Wales, and is in the federal electorate of Warringah.

In FY 2013 the ATO recorded 14,150 individuals in postcode 2093. Of these people, 14,065 made a taxable income or loss. 11,760 of the population paid a gross amount of tax. After tax offsets, 10,915 people actually paid a net amount of tax. There were 3,150 non-taxable people who paid net tax of $0.

Compare TaxStats of 2093 with NSW

2093 TaxStats FY2013%Ppl#Ppl2093
Avg
2093
Total
Total Individuals100%14,150
Income
Salary or Wage 74%10,510$82,848$870,729,957
Gross Interest67%9,550$3,611$34,487,657
Unfranked Dividends13%1,815$1,574$2,857,058
Franked Dividends35%5,015$11,743$58,890,662
Dividend Franking Credit35%5,000$5,045$25,225,888
Capital Gains7%935$25,555$23,893,671
Termination Payouts2%235$47,063$11,059,735
Tips/Directors Fees etc16%2,315$7,642$17,691,369
Business Income11%1,520$29,913$45,468,314
Foreign Income11%1,500$3,609$5,413,665
Government payments3%440$4,918$2,163,815
Government pensions4%560$8,940$5,006,146
Total Income or Loss100%14,105$91,105$1,285,040,632
Deducations
Charitable Gifts39%5,520$990$5,465,844
Cost of Tax Affairs50%7,105$686$4,875,063
Work Car expenses20%2,890$3,548$10,252,455
Work Travel expenses12%1,705$1,602$2,730,875
Self Education expenses4%625$2,072$1,295,250
Total Deductions82%11,555$4,385$50,666,532
Taxation
Taxable Income99%14,065$87,574$1,231,723,974
Medicare Levy 74%10,445$1,657$17,306,532
Medicare Surcharge 1%210$1,419$297,950
Gross Tax 83%11,760$29,478$346,664,791
Net Tax 77%10,915$32,613$355,966,630
Average Tax 100%14,150 $25,157$355,966,630
Gross Tax Rate 83%11,760 34%$346,664,791
Net Tax Rate 77%10,915 37%$355,966,630
Average Tax Rate 100%14,150 29%$355,966,630
%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 $87,574. It is estimated that the average taxable income for people who paid a net amount of tax was $109384.

The average net tax paid was $32,613. This equates to an average tax of 37 cents in the dollar on taxable income.

The Medicare levy was paid by 10,445 people for an average of $1,657. 210 people paid $1,419 on average more for the Medicare surcharge.

10,510 people earned a salary or wage and took home an average of $82,848 each.

Government allowance and payments were collected by 440 people for on average $4,918. 560 people received the pension or other allowance.

Charitable gifts and donations of an average of $990 were made by 5,520 people.

The costs of tax affairs for 7,105 people were claimed for $686 each.