TaxStats for postcode 2157 FY2013

Postcode 2157 includes Canoelands, Canoelands, Forest Glen, Forest Glen, Glenorie, Glenorie, Hillside, Hillside in New South Wales, and is in the federal electorate of Berowra.

In FY 2013 the ATO recorded 2,210 individuals in postcode 2157. Of these people, 2,180 made a taxable income or loss. 1,715 of the population paid a gross amount of tax. After tax offsets, 1,560 people actually paid a net amount of tax. There were 620 non-taxable people who paid net tax of $0.

Compare TaxStats of 2157 with NSW

2157 TaxStats FY2013%Ppl#Ppl2157
Avg
2157
Total
Total Individuals100%2,210
Income
Salary or Wage 73%1,605$56,404$90,528,929
Gross Interest62%1,360$2,788$3,792,100
Unfranked Dividends10%225$2,666$599,757
Franked Dividends34%745$6,661$4,962,677
Dividend Franking Credit34%745$2,855$2,127,269
Capital Gains4%90$12,456$1,121,002
Termination Payouts1%20$25,765$515,295
Tips/Directors Fees etc17%380$6,187$2,351,112
Business Income12%260$21,024$5,466,259
Foreign Income5%120$1,238$148,510
Government payments3%70$5,120$358,408
Government pensions4%80$9,374$749,929
Total Income or Loss100%2,200$59,040$129,887,868
Deducations
Charitable Gifts28%625$1,029$643,207
Cost of Tax Affairs44%975$493$480,381
Work Car expenses19%425$3,599$1,529,536
Work Travel expenses7%160$1,705$272,761
Self Education expenses4%90$1,817$163,551
Total Deductions76%1,680$3,471$5,831,870
Taxation
Taxable Income99%2,180$56,729$123,669,950
Medicare Levy 69%1,525$1,120$1,707,324
Medicare Surcharge 1%15$1,762$26,429
Gross Tax 78%1,715$16,005$27,447,785
Net Tax 71%1,560$18,093$28,225,255
Average Tax 100%2,210 $12,772$28,225,255
Gross Tax Rate 78%1,715 28%$27,447,785
Net Tax Rate 71%1,560 32%$28,225,255
Average Tax Rate 100%2,210 23%$28,225,255
%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 $56,729. It is estimated that the average taxable income for people who paid a net amount of tax was $74506.

The average net tax paid was $18,093. This equates to an average tax of 32 cents in the dollar on taxable income.

The Medicare levy was paid by 1,525 people for an average of $1,120. 15 people paid $1,762 on average more for the Medicare surcharge.

1,605 people earned a salary or wage and took home an average of $56,404 each.

Government allowance and payments were collected by 70 people for on average $5,120. 80 people received the pension or other allowance.

Charitable gifts and donations of an average of $1,029 were made by 625 people.

The costs of tax affairs for 975 people were claimed for $493 each.