TaxStats for postcode 2209 FY2013

Postcode 2209 includes Beverly Hills, Beverly Hills, Narwee, Narwee in New South Wales, and is in the federal electorate of Banks.

In FY 2013 the ATO recorded 8,605 individuals in postcode 2209. Of these people, 8,540 made a taxable income or loss. 6,735 of the population paid a gross amount of tax. After tax offsets, 6,120 people actually paid a net amount of tax. There were 2,420 non-taxable people who paid net tax of $0.

Compare TaxStats of 2209 with NSW

2209 TaxStats FY2013%Ppl#Ppl2209
Avg
2209
Total
Total Individuals100%8,605
Income
Salary or Wage 77%6,660$51,442$342,600,975
Gross Interest61%5,260$2,367$12,448,214
Unfranked Dividends9%755$526$397,418
Franked Dividends28%2,445$3,594$8,787,925
Dividend Franking Credit28%2,435$1,545$3,763,163
Capital Gains3%295$10,155$2,995,866
Termination Payouts2%135$19,504$2,633,098
Tips/Directors Fees etc16%1,385$4,263$5,903,990
Business Income10%825$18,557$15,309,249
Foreign Income4%380$562$213,678
Government payments7%565$5,894$3,330,196
Government pensions5%460$9,840$4,526,246
Total Income or Loss99%8,555$49,535$423,774,453
Deducations
Charitable Gifts35%3,045$421$1,280,961
Cost of Tax Affairs48%4,155$245$1,016,650
Work Car expenses19%1,630$2,793$4,552,535
Work Travel expenses9%785$1,276$1,001,774
Self Education expenses5%440$2,020$888,989
Total Deductions77%6,665$2,437$16,245,527
Taxation
Taxable Income99%8,540$47,675$407,142,662
Medicare Levy 67%5,760$935$5,385,468
Medicare Surcharge 1%65$1,024$66,573
Gross Tax 78%6,735$11,418$76,898,922
Net Tax 71%6,120$12,829$78,514,042
Average Tax 100%8,605 $9,124$78,514,042
Gross Tax Rate 78%6,735 24%$76,898,922
Net Tax Rate 71%6,120 27%$78,514,042
Average Tax Rate 100%8,605 19%$78,514,042
%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 $47,675. It is estimated that the average taxable income for people who paid a net amount of tax was $61781.

The average net tax paid was $12,829. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 5,760 people for an average of $935. 65 people paid $1,024 on average more for the Medicare surcharge.

6,660 people earned a salary or wage and took home an average of $51,442 each.

Government allowance and payments were collected by 565 people for on average $5,894. 460 people received the pension or other allowance.

Charitable gifts and donations of an average of $421 were made by 3,045 people.

The costs of tax affairs for 4,155 people were claimed for $245 each.