TaxStats for postcode 2118 FY2013

Postcode 2118 includes Carlingford, Carlingford, Carlingford Court, Carlingford Court, Carlingford North, Carlingford North, Kingsdene, Kingsdene in New South Wales, and is in the federal electorate of Bennelong.

In FY 2013 the ATO recorded 13,380 individuals in postcode 2118. Of these people, 13,250 made a taxable income or loss. 10,270 of the population paid a gross amount of tax. After tax offsets, 9,265 people actually paid a net amount of tax. There were 3,985 non-taxable people who paid net tax of $0.

Compare TaxStats of 2118 with NSW

2118 TaxStats FY2013%Ppl#Ppl2118
Avg
2118
Total
Total Individuals100%13,380
Income
Salary or Wage 74%9,835$57,176$562,328,619
Gross Interest67%8,915$2,930$26,118,662
Unfranked Dividends13%1,805$562$1,014,458
Franked Dividends36%4,855$4,861$23,602,343
Dividend Franking Credit36%4,840$2,088$10,106,805
Capital Gains5%685$11,962$8,193,716
Termination Payouts1%165$20,506$3,383,409
Tips/Directors Fees etc16%2,135$5,647$12,055,780
Business Income9%1,225$22,657$27,755,096
Foreign Income7%980$1,277$1,251,164
Government payments5%690$5,445$3,757,273
Government pensions5%730$9,301$6,789,568
Total Income or Loss99%13,285$54,546$724,637,219
Deducations
Charitable Gifts35%4,730$538$2,545,465
Cost of Tax Affairs43%5,700$319$1,816,726
Work Car expenses19%2,570$2,786$7,160,069
Work Travel expenses9%1,250$1,244$1,555,475
Self Education expenses6%755$2,266$1,711,017
Total Deductions76%10,190$2,948$30,039,510
Taxation
Taxable Income99%13,250$52,359$693,760,285
Medicare Levy 65%8,720$1,059$9,237,223
Medicare Surcharge 1%100$929$92,852
Gross Tax 77%10,270$13,980$143,570,888
Net Tax 69%9,265$15,887$147,193,761
Average Tax 100%13,380 $11,001$147,193,761
Gross Tax Rate 77%10,270 27%$143,570,888
Net Tax Rate 69%9,265 30%$147,193,761
Average Tax Rate 100%13,380 21%$147,193,761
%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 $52,359. It is estimated that the average taxable income for people who paid a net amount of tax was $69718.

The average net tax paid was $15,887. This equates to an average tax of 30 cents in the dollar on taxable income.

The Medicare levy was paid by 8,720 people for an average of $1,059. 100 people paid $929 on average more for the Medicare surcharge.

9,835 people earned a salary or wage and took home an average of $57,176 each.

Government allowance and payments were collected by 690 people for on average $5,445. 730 people received the pension or other allowance.

Charitable gifts and donations of an average of $538 were made by 4,730 people.

The costs of tax affairs for 5,700 people were claimed for $319 each.