TaxStats for postcode 2099 FY2013

Postcode 2099 includes Cromer, Cromer Heights, Dee Why, Dee Why Beach, Narraweena, North Curl Curl, Wingala in New South Wales, and is in the federal electorate of Mackellar.

In FY 2013 the ATO recorded 24,430 individuals in postcode 2099. Of these people, 24,300 made a taxable income or loss. 20,260 of the population paid a gross amount of tax. After tax offsets, 18,775 people actually paid a net amount of tax. There were 5,525 non-taxable people who paid net tax of $0.

Compare TaxStats of 2099 with NSW

2099 TaxStats FY2013%Ppl#Ppl2099
Avg
2099
Total
Total Individuals100%24,430
Income
Salary or Wage 80%19,455$59,451$1,156,623,702
Gross Interest60%14,635$2,355$34,462,182
Unfranked Dividends8%1,935$961$1,858,918
Franked Dividends27%6,510$7,023$45,720,592
Dividend Franking Credit27%6,480$3,023$19,587,536
Capital Gains4%990$16,117$15,956,039
Termination Payouts1%355$23,046$8,181,324
Tips/Directors Fees etc19%4,565$4,558$20,806,352
Business Income11%2,670$24,244$64,730,358
Foreign Income5%1,330$1,552$2,063,823
Government payments4%975$4,961$4,836,829
Government pensions5%1,160$8,984$10,421,144
Total Income or Loss100%24,360$61,858$1,506,855,087
Deducations
Charitable Gifts33%8,080$457$3,692,955
Cost of Tax Affairs51%12,430$991$12,321,687
Work Car expenses23%5,565$3,038$16,904,438
Work Travel expenses12%2,875$1,297$3,729,903
Self Education expenses5%1,160$1,956$2,269,116
Total Deductions82%20,015$3,415$68,352,405
Taxation
Taxable Income99%24,300$59,115$1,436,482,662
Medicare Levy 72%17,705$1,103$19,521,179
Medicare Surcharge 1%290$1,180$342,173
Gross Tax 83%20,260$15,628$316,621,419
Net Tax 77%18,775$17,315$325,090,319
Average Tax 100%24,430 $13,307$325,090,319
Gross Tax Rate 83%20,260 26%$316,621,419
Net Tax Rate 77%18,775 29%$325,090,319
Average Tax Rate 100%24,430 23%$325,090,319
%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 $59,115. It is estimated that the average taxable income for people who paid a net amount of tax was $72979.

The average net tax paid was $17,315. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 17,705 people for an average of $1,103. 290 people paid $1,180 on average more for the Medicare surcharge.

19,455 people earned a salary or wage and took home an average of $59,451 each.

Government allowance and payments were collected by 975 people for on average $4,961. 1,160 people received the pension or other allowance.

Charitable gifts and donations of an average of $457 were made by 8,080 people.

The costs of tax affairs for 12,430 people were claimed for $991 each.