TaxStats for postcode 2205 FY2013

Postcode 2205 includes Arncliffe, Turrella, Wolli Creek in New South Wales, and is in the federal electorate of Barton.

In FY 2013 the ATO recorded 8,220 individuals in postcode 2205. Of these people, 8,175 made a taxable income or loss. 6,690 of the population paid a gross amount of tax. After tax offsets, 6,240 people actually paid a net amount of tax. There were 1,935 non-taxable people who paid net tax of $0.

Compare TaxStats of 2205 with NSW

2205 TaxStats FY2013%Ppl#Ppl2205
Total Individuals100%8,220
Salary or Wage 83%6,810$53,331$363,186,842
Gross Interest55%4,510$1,818$8,197,971
Unfranked Dividends5%415$664$275,687
Franked Dividends17%1,415$3,185$4,506,498
Dividend Franking Credit17%1,415$1,363$1,928,542
Capital Gains2%175$15,414$2,697,379
Termination Payouts2%145$11,776$1,707,519
Tips/Directors Fees etc17%1,395$4,333$6,044,677
Business Income11%925$18,580$17,186,347
Foreign Income2%185$1,146$211,979
Government payments6%500$5,564$2,781,904
Government pensions3%240$9,996$2,398,990
Total Income or Loss100%8,190$51,972$425,646,724
Charitable Gifts32%2,640$369$973,857
Cost of Tax Affairs51%4,165$252$1,047,768
Work Car expenses21%1,695$3,119$5,286,159
Work Travel expenses12%975$1,542$1,503,325
Self Education expenses6%530$2,046$1,084,126
Total Deductions79%6,490$2,794$18,134,510
Taxable Income99%8,175$49,778$406,936,803
Medicare Levy 70%5,765$929$5,353,471
Medicare Surcharge 1%115$1,030$118,418
Gross Tax 81%6,690$11,406$76,308,529
Net Tax 76%6,240$12,668$79,045,474
Average Tax 100%8,220 $9,616$79,045,474
Gross Tax Rate 81%6,690 23%$76,308,529
Net Tax Rate 76%6,240 25%$79,045,474
Average Tax Rate 100%8,220 19%$79,045,474
%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 $49,778. It is estimated that the average taxable income for people who paid a net amount of tax was $61493.

The average net tax paid was $12,668. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 5,765 people for an average of $929. 115 people paid $1,030 on average more for the Medicare surcharge.

6,810 people earned a salary or wage and took home an average of $53,331 each.

Government allowance and payments were collected by 500 people for on average $5,564. 240 people received the pension or other allowance.

Charitable gifts and donations of an average of $369 were made by 2,640 people.

The costs of tax affairs for 4,165 people were claimed for $252 each.