TaxStats for postcode 2097 FY2013

Postcode 2097 includes Collaroy, Collaroy Beach, Collaroy Plateau, Collaroy Plateau West, Long Reef, Wheeler Heights in New South Wales, and is in the federal electorate of Mackellar.

In FY 2013 the ATO recorded 9,530 individuals in postcode 2097. Of these people, 9,485 made a taxable income or loss. 7,815 of the population paid a gross amount of tax. After tax offsets, 7,240 people actually paid a net amount of tax. There were 2,245 non-taxable people who paid net tax of $0.

Compare TaxStats of 2097 with NSW

2097 TaxStats FY2013%Ppl#Ppl2097
Avg
2097
Total
Total Individuals100%9,530
Income
Salary or Wage 76%7,245$67,277$487,419,557
Gross Interest64%6,145$3,171$19,484,290
Unfranked Dividends11%1,065$2,119$2,256,216
Franked Dividends34%3,255$13,572$44,176,387
Dividend Franking Credit34%3,245$5,833$18,927,136
Capital Gains6%550$14,422$7,932,019
Termination Payouts1%125$35,871$4,483,900
Tips/Directors Fees etc16%1,570$5,712$8,968,394
Business Income11%1,060$25,454$26,981,384
Foreign Income7%705$1,921$1,354,045
Government payments3%320$4,755$1,521,729
Government pensions5%440$9,588$4,218,928
Total Income or Loss100%9,505$74,471$707,849,846
Deducations
Charitable Gifts35%3,330$673$2,240,474
Cost of Tax Affairs49%4,645$629$2,922,397
Work Car expenses22%2,120$3,520$7,462,928
Work Travel expenses12%1,125$1,318$1,482,396
Self Education expenses4%405$1,933$782,766
Total Deductions81%7,700$3,981$30,653,608
Taxation
Taxable Income100%9,485$71,259$675,887,471
Medicare Levy 73%6,995$1,356$9,485,909
Medicare Surcharge 1%110$1,178$129,598
Gross Tax 82%7,815$21,883$171,019,070
Net Tax 76%7,240$24,314$176,036,806
Average Tax 100%9,530 $18,472$176,036,806
Gross Tax Rate 82%7,815 31%$171,019,070
Net Tax Rate 76%7,240 34%$176,036,806
Average Tax Rate 100%9,530 26%$176,036,806
%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 $71,259. It is estimated that the average taxable income for people who paid a net amount of tax was $89634.

The average net tax paid was $24,314. This equates to an average tax of 34 cents in the dollar on taxable income.

The Medicare levy was paid by 6,995 people for an average of $1,356. 110 people paid $1,178 on average more for the Medicare surcharge.

7,245 people earned a salary or wage and took home an average of $67,277 each.

Government allowance and payments were collected by 320 people for on average $4,755. 440 people received the pension or other allowance.

Charitable gifts and donations of an average of $673 were made by 3,330 people.

The costs of tax affairs for 4,645 people were claimed for $629 each.