TaxStats for postcode 2121 FY2013

Postcode 2121 includes Epping, North Epping in New South Wales, and is in the federal electorate of Bennelong.

In FY 2013 the ATO recorded 16,715 individuals in postcode 2121. Of these people, 16,590 made a taxable income or loss. 13,120 of the population paid a gross amount of tax. After tax offsets, 11,980 people actually paid a net amount of tax. There were 4,610 non-taxable people who paid net tax of $0.

Compare TaxStats of 2121 with NSW

2121 TaxStats FY2013%Ppl#Ppl2121
Total Individuals100%16,715
Salary or Wage 76%12,635$64,664$817,026,675
Gross Interest69%11,535$3,268$37,699,325
Unfranked Dividends15%2,435$697$1,697,957
Franked Dividends38%6,325$5,475$34,631,581
Dividend Franking Credit38%6,305$2,352$14,829,389
Capital Gains6%990$10,356$10,251,993
Termination Payouts1%240$26,719$6,412,611
Tips/Directors Fees etc14%2,375$6,045$14,356,058
Business Income8%1,340$26,037$34,889,573
Foreign Income9%1,505$1,066$1,603,589
Government payments4%700$5,515$3,860,556
Government pensions5%760$9,210$6,999,308
Total Income or Loss100%16,635$63,360$1,054,001,544
Charitable Gifts37%6,195$917$5,680,349
Cost of Tax Affairs41%6,800$364$2,478,385
Work Car expenses17%2,925$2,795$8,174,440
Work Travel expenses10%1,705$1,183$2,017,006
Self Education expenses6%955$2,436$2,326,553
Total Deductions77%12,905$3,179$41,027,449
Taxable Income99%16,590$60,971$1,011,507,187
Medicare Levy 68%11,310$1,213$13,717,497
Medicare Surcharge 1%125$1,098$137,299
Gross Tax 78%13,120$17,687$232,058,468
Net Tax 72%11,980$19,886$238,236,257
Average Tax 100%16,715 $14,253$238,236,257
Gross Tax Rate 78%13,120 29%$232,058,468
Net Tax Rate 72%11,980 33%$238,236,257
Average Tax Rate 100%16,715 23%$238,236,257
%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 $60,971. It is estimated that the average taxable income for people who paid a net amount of tax was $79815.

The average net tax paid was $19,886. This equates to an average tax of 33 cents in the dollar on taxable income.

The Medicare levy was paid by 11,310 people for an average of $1,213. 125 people paid $1,098 on average more for the Medicare surcharge.

12,635 people earned a salary or wage and took home an average of $64,664 each.

Government allowance and payments were collected by 700 people for on average $5,515. 760 people received the pension or other allowance.

Charitable gifts and donations of an average of $917 were made by 6,195 people.

The costs of tax affairs for 6,800 people were claimed for $364 each.