TaxStats for postcode 2105 FY2013

Postcode 2105 includes Church Point, Elvina Bay, Lovett Bay, Morning Bay, Morning Bay, Scotland Island in New South Wales, and is in the federal electorate of Mackellar.

In FY 2013 the ATO recorded 1,360 individuals in postcode 2105. Of these people, 1,345 made a taxable income or loss. 1,080 of the population paid a gross amount of tax. After tax offsets, 980 people actually paid a net amount of tax. There were 365 non-taxable people who paid net tax of $0.

Compare TaxStats of 2105 with NSW

2105 TaxStats FY2013%Ppl#Ppl2105
Total Individuals100%1,360
Salary or Wage 64%870$74,415$64,741,304
Gross Interest67%905$5,070$4,588,193
Unfranked Dividends13%175$2,973$520,191
Franked Dividends40%540$20,075$10,840,331
Dividend Franking Credit40%540$8,600$4,644,269
Capital Gains8%115$22,469$2,583,964
Termination Payouts1%15$56,223$843,341
Tips/Directors Fees etc17%230$8,812$2,026,727
Business Income13%180$19,160$3,448,751
Foreign Income10%140$7,228$1,011,889
Government payments4%50$5,674$283,706
Government pensions3%40$9,106$364,257
Total Income or Loss99%1,350$86,795$117,173,784
Charitable Gifts33%445$688$306,189
Cost of Tax Affairs47%645$884$570,383
Work Car expenses15%210$4,659$978,414
Work Travel expenses9%125$1,552$193,979
Self Education expenses3%45$1,958$88,098
Total Deductions76%1,040$4,919$5,115,704
Taxable Income99%1,345$83,110$111,782,685
Medicare Levy 70%955$1,666$1,591,171
Medicare Surcharge 1%15$1,455$21,826
Gross Tax 79%1,080$29,260$31,601,145
Net Tax 72%980$32,903$32,245,222
Average Tax 100%1,360 $23,710$32,245,222
Gross Tax Rate 79%1,080 35%$31,601,145
Net Tax Rate 72%980 40%$32,245,222
Average Tax Rate 100%1,360 29%$32,245,222
%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 $83,110. It is estimated that the average taxable income for people who paid a net amount of tax was $109595.

The average net tax paid was $32,903. This equates to an average tax of 40 cents in the dollar on taxable income.

The Medicare levy was paid by 955 people for an average of $1,666. 15 people paid $1,455 on average more for the Medicare surcharge.

870 people earned a salary or wage and took home an average of $74,415 each.

Government allowance and payments were collected by 50 people for on average $5,674. 40 people received the pension or other allowance.

Charitable gifts and donations of an average of $688 were made by 445 people.

The costs of tax affairs for 645 people were claimed for $884 each.