TaxStats for postcode 2094 FY2013

Postcode 2094 includes Fairlight in New South Wales, and is in the federal electorate of Warringah.

In FY 2013 the ATO recorded 4,110 individuals in postcode 2094. Of these people, 4,080 made a taxable income or loss. 3,475 of the population paid a gross amount of tax. After tax offsets, 3,240 people actually paid a net amount of tax. There were 840 non-taxable people who paid net tax of $0.

Compare TaxStats of 2094 with NSW

2094 TaxStats FY2013%Ppl#Ppl2094
Total Individuals100%4,110
Salary or Wage 76%3,135$83,319$261,204,216
Gross Interest68%2,815$3,474$9,779,737
Unfranked Dividends13%530$1,575$834,790
Franked Dividends33%1,365$14,448$19,721,858
Dividend Franking Credit33%1,360$6,208$8,442,953
Capital Gains7%270$24,177$6,527,679
Termination Payouts1%60$34,733$2,083,963
Tips/Directors Fees etc15%610$7,947$4,847,635
Business Income11%450$29,495$13,272,786
Foreign Income11%465$2,880$1,339,243
Government payments2%90$5,328$479,539
Government pensions4%155$8,537$1,323,214
Total Income or Loss100%4,090$91,265$373,273,532
Charitable Gifts41%1,685$754$1,269,733
Cost of Tax Affairs51%2,110$1,460$3,079,878
Work Car expenses20%840$3,452$2,899,873
Work Travel expenses15%630$1,895$1,193,734
Self Education expenses5%190$2,546$483,662
Total Deductions84%3,435$4,786$16,440,021
Taxable Income99%4,080$87,259$356,015,964
Medicare Levy 75%3,100$1,612$4,997,787
Medicare Surcharge 2%90$1,223$110,091
Gross Tax 85%3,475$28,114$97,697,457
Net Tax 79%3,240$31,170$100,991,898
Average Tax 100%4,110 $24,572$100,991,898
Gross Tax Rate 85%3,475 32%$97,697,457
Net Tax Rate 79%3,240 36%$100,991,898
Average Tax Rate 100%4,110 28%$100,991,898
%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 $87,259. It is estimated that the average taxable income for people who paid a net amount of tax was $106770.

The average net tax paid was $31,170. This equates to an average tax of 36 cents in the dollar on taxable income.

The Medicare levy was paid by 3,100 people for an average of $1,612. 90 people paid $1,223 on average more for the Medicare surcharge.

3,135 people earned a salary or wage and took home an average of $83,319 each.

Government allowance and payments were collected by 90 people for on average $5,328. 155 people received the pension or other allowance.

Charitable gifts and donations of an average of $754 were made by 1,685 people.

The costs of tax affairs for 2,110 people were claimed for $1,460 each.