TaxStats for postcode 2206 FY2013

Postcode 2206 includes Clemton Park, Clemton Park, Earlwood, Earlwood in New South Wales, and is in the federal electorate of Watson.

In FY 2013 the ATO recorded 10,505 individuals in postcode 2206. Of these people, 10,465 made a taxable income or loss. 8,725 of the population paid a gross amount of tax. After tax offsets, 8,005 people actually paid a net amount of tax. There were 2,460 non-taxable people who paid net tax of $0.

Compare TaxStats of 2206 with NSW

2206 TaxStats FY2013%Ppl#Ppl2206
Total Individuals100%10,505
Salary or Wage 76%7,990$57,083$456,093,652
Gross Interest62%6,480$2,933$19,002,679
Unfranked Dividends8%805$690$555,672
Franked Dividends30%3,160$4,799$15,165,921
Dividend Franking Credit30%3,155$2,057$6,488,280
Capital Gains4%380$20,900$7,941,965
Termination Payouts2%175$19,424$3,399,117
Tips/Directors Fees etc18%1,845$6,441$11,882,869
Business Income11%1,130$24,934$28,174,957
Foreign Income4%445$739$329,064
Government payments4%445$5,248$2,335,470
Government pensions5%510$9,803$4,999,605
Total Income or Loss100%10,485$58,841$616,944,267
Charitable Gifts38%4,000$398$1,593,216
Cost of Tax Affairs54%5,725$329$1,880,668
Work Car expenses22%2,275$3,309$7,527,205
Work Travel expenses11%1,110$1,553$1,723,917
Self Education expenses5%485$1,989$964,797
Total Deductions80%8,450$3,152$26,634,896
Taxable Income100%10,465$56,327$589,460,743
Medicare Levy 74%7,730$1,052$8,132,500
Medicare Surcharge 2%170$1,416$240,771
Gross Tax 83%8,725$14,253$124,360,041
Net Tax 76%8,005$16,035$128,357,036
Average Tax 100%10,505 $12,219$128,357,036
Gross Tax Rate 83%8,725 25%$124,360,041
Net Tax Rate 76%8,005 28%$128,357,036
Average Tax Rate 100%10,505 22%$128,357,036
%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 $56,327. It is estimated that the average taxable income for people who paid a net amount of tax was $69949.

The average net tax paid was $16,035. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 7,730 people for an average of $1,052. 170 people paid $1,416 on average more for the Medicare surcharge.

7,990 people earned a salary or wage and took home an average of $57,083 each.

Government allowance and payments were collected by 445 people for on average $5,248. 510 people received the pension or other allowance.

Charitable gifts and donations of an average of $398 were made by 4,000 people.

The costs of tax affairs for 5,725 people were claimed for $329 each.