TaxStats for postcode 2117 FY2013

Postcode 2117 includes Dundas, Dundas, Dundas Valley, Oatlands, Oatlands, Telopea, Telopea in New South Wales, and is in the federal electorate of Bennelong.

In FY 2013 the ATO recorded 11,210 individuals in postcode 2117. Of these people, 11,120 made a taxable income or loss. 8,835 of the population paid a gross amount of tax. After tax offsets, 8,095 people actually paid a net amount of tax. There were 3,025 non-taxable people who paid net tax of $0.

Compare TaxStats of 2117 with NSW

2117 TaxStats FY2013%Ppl#Ppl2117
Avg
2117
Total
Total Individuals100%11,210
Income
Salary or Wage 78%8,740$54,313$474,699,019
Gross Interest59%6,575$2,325$15,285,319
Unfranked Dividends9%1,005$637$640,492
Franked Dividends28%3,110$5,568$17,316,744
Dividend Franking Credit28%3,100$2,393$7,417,376
Capital Gains4%495$13,671$6,767,191
Termination Payouts2%185$15,070$2,787,918
Tips/Directors Fees etc17%1,905$5,348$10,187,360
Business Income9%1,030$22,219$22,885,343
Foreign Income5%565$1,165$658,403
Government payments6%645$5,870$3,785,956
Government pensions4%465$10,103$4,697,963
Total Income or Loss99%11,135$53,985$601,124,609
Deducations
Charitable Gifts33%3,740$504$1,883,484
Cost of Tax Affairs45%5,040$303$1,524,894
Work Car expenses21%2,360$2,908$6,862,864
Work Travel expenses10%1,100$1,137$1,250,886
Self Education expenses6%665$1,962$1,304,436
Total Deductions77%8,650$2,817$24,363,346
Taxation
Taxable Income99%11,120$51,789$575,896,151
Medicare Levy 68%7,660$1,005$7,700,693
Medicare Surcharge 1%95$1,021$96,974
Gross Tax 79%8,835$13,105$115,780,279
Net Tax 72%8,095$14,690$118,919,365
Average Tax 100%11,210 $10,608$118,919,365
Gross Tax Rate 79%8,835 25%$115,780,279
Net Tax Rate 72%8,095 28%$118,919,365
Average Tax Rate 100%11,210 20%$118,919,365
%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 $51,789. It is estimated that the average taxable income for people who paid a net amount of tax was $66658.

The average net tax paid was $14,690. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 7,660 people for an average of $1,005. 95 people paid $1,021 on average more for the Medicare surcharge.

8,740 people earned a salary or wage and took home an average of $54,313 each.

Government allowance and payments were collected by 645 people for on average $5,870. 465 people received the pension or other allowance.

Charitable gifts and donations of an average of $504 were made by 3,740 people.

The costs of tax affairs for 5,040 people were claimed for $303 each.