TaxStats for postcode 2112 FY2013

Postcode 2112 includes Denistone East, Putney, Ryde in New South Wales, and is in the federal electorate of Bennelong.

In FY 2013 the ATO recorded 16,925 individuals in postcode 2112. Of these people, 16,820 made a taxable income or loss. 13,785 of the population paid a gross amount of tax. After tax offsets, 12,745 people actually paid a net amount of tax. There were 4,075 non-taxable people who paid net tax of $0.

Compare TaxStats of 2112 with NSW

2112 TaxStats FY2013%Ppl#Ppl2112
Total Individuals100%16,925
Salary or Wage 79%13,365$61,036$815,746,094
Gross Interest66%11,130$2,611$29,062,082
Unfranked Dividends10%1,760$771$1,356,378
Franked Dividends31%5,325$5,412$28,820,289
Dividend Franking Credit31%5,305$2,326$12,338,352
Capital Gains5%805$17,949$14,449,256
Termination Payouts2%280$23,969$6,711,376
Tips/Directors Fees etc17%2,815$5,297$14,911,437
Business Income9%1,585$28,792$45,634,965
Foreign Income6%1,015$546$553,973
Government payments4%690$5,130$3,539,692
Government pensions4%760$9,952$7,563,142
Total Income or Loss100%16,860$62,362$1,051,416,388
Charitable Gifts38%6,445$575$3,706,119
Cost of Tax Affairs48%8,090$352$2,844,602
Work Car expenses22%3,660$3,033$11,100,096
Work Travel expenses11%1,945$1,169$2,273,605
Self Education expenses6%945$2,336$2,207,133
Total Deductions80%13,540$3,157$42,749,415
Taxable Income99%16,820$59,515$1,001,036,272
Medicare Levy 72%12,180$1,130$13,764,737
Medicare Surcharge 1%200$1,115$223,061
Gross Tax 81%13,785$16,062$221,419,011
Net Tax 75%12,745$17,872$227,783,728
Average Tax 100%16,925 $13,458$227,783,728
Gross Tax Rate 81%13,785 27%$221,419,011
Net Tax Rate 75%12,745 30%$227,783,728
Average Tax Rate 100%16,925 23%$227,783,728
%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 $59,515. It is estimated that the average taxable income for people who paid a net amount of tax was $74707.

The average net tax paid was $17,872. This equates to an average tax of 30 cents in the dollar on taxable income.

The Medicare levy was paid by 12,180 people for an average of $1,130. 200 people paid $1,115 on average more for the Medicare surcharge.

13,365 people earned a salary or wage and took home an average of $61,036 each.

Government allowance and payments were collected by 690 people for on average $5,130. 760 people received the pension or other allowance.

Charitable gifts and donations of an average of $575 were made by 6,445 people.

The costs of tax affairs for 8,090 people were claimed for $352 each.