TaxStats for postcode 2115 FY2013

Postcode 2115 includes Ermington, Ermington in New South Wales, and is in the federal electorate of Bennelong.

In FY 2013 the ATO recorded 5,015 individuals in postcode 2115. Of these people, 4,990 made a taxable income or loss. 4,080 of the population paid a gross amount of tax. After tax offsets, 3,780 people actually paid a net amount of tax. There were 1,210 non-taxable people who paid net tax of $0.

Compare TaxStats of 2115 with NSW

2115 TaxStats FY2013%Ppl#Ppl2115
Total Individuals100%5,015
Salary or Wage 81%4,085$54,360$222,061,291
Gross Interest57%2,870$1,914$5,494,291
Unfranked Dividends7%375$326$122,112
Franked Dividends25%1,255$3,959$4,968,375
Dividend Franking Credit25%1,250$1,704$2,129,595
Capital Gains3%145$12,038$1,745,572
Termination Payouts2%90$17,736$1,596,227
Tips/Directors Fees etc17%875$4,159$3,639,276
Business Income9%455$19,078$8,680,531
Foreign Income4%190$1,103$209,478
Government payments6%305$5,995$1,828,405
Government pensions4%225$9,184$2,066,406
Total Income or Loss100%4,995$53,068$265,076,766
Charitable Gifts35%1,775$415$736,736
Cost of Tax Affairs50%2,515$260$653,329
Work Car expenses23%1,160$2,858$3,314,790
Work Travel expenses10%495$1,187$587,411
Self Education expenses5%265$1,874$496,605
Total Deductions79%3,945$2,613$10,309,467
Taxable Income100%4,990$50,982$254,402,255
Medicare Levy 72%3,590$952$3,418,985
Medicare Surcharge 1%55$1,245$68,473
Gross Tax 81%4,080$12,033$49,093,514
Net Tax 75%3,780$13,382$50,583,495
Average Tax 100%5,015 $10,086$50,583,495
Gross Tax Rate 81%4,080 24%$49,093,514
Net Tax Rate 75%3,780 26%$50,583,495
Average Tax Rate 100%5,015 20%$50,583,495
%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 $50,982. It is estimated that the average taxable income for people who paid a net amount of tax was $63461.

The average net tax paid was $13,382. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 3,590 people for an average of $952. 55 people paid $1,245 on average more for the Medicare surcharge.

4,085 people earned a salary or wage and took home an average of $54,360 each.

Government allowance and payments were collected by 305 people for on average $5,995. 225 people received the pension or other allowance.

Charitable gifts and donations of an average of $415 were made by 1,775 people.

The costs of tax affairs for 2,515 people were claimed for $260 each.