TaxStats for postcode 2210 FY2013

Postcode 2210 includes Lugarno, Lugarno, Peakhurst, Peakhurst, Peakhurst Heights, Peakhurst Heights, Riverwood, Riverwood in New South Wales, and is in the federal electorate of Banks.

In FY 2013 the ATO recorded 15,395 individuals in postcode 2210. Of these people, 15,305 made a taxable income or loss. 12,225 of the population paid a gross amount of tax. After tax offsets, 11,160 people actually paid a net amount of tax. There were 4,145 non-taxable people who paid net tax of $0.

Compare TaxStats of 2210 with NSW

2210 TaxStats FY2013%Ppl#Ppl2210
Total Individuals100%15,395
Salary or Wage 77%11,905$54,336$646,871,055
Gross Interest59%9,090$2,598$23,618,910
Unfranked Dividends10%1,490$610$909,310
Franked Dividends32%4,885$5,422$26,485,107
Dividend Franking Credit32%4,870$2,329$11,342,530
Capital Gains4%660$11,318$7,469,743
Termination Payouts1%230$19,334$4,446,882
Tips/Directors Fees etc17%2,625$4,630$12,155,004
Business Income9%1,385$23,258$32,211,884
Foreign Income5%790$596$470,874
Government payments5%830$5,651$4,689,916
Government pensions6%925$9,532$8,817,344
Total Income or Loss100%15,330$53,920$826,595,198
Charitable Gifts38%5,900$479$2,825,892
Cost of Tax Affairs51%7,880$285$2,245,932
Work Car expenses22%3,315$2,996$9,932,405
Work Travel expenses9%1,375$1,281$1,761,513
Self Education expenses5%725$1,802$1,306,628
Total Deductions80%12,320$2,785$34,309,335
Taxable Income99%15,305$51,690$791,122,598
Medicare Levy 69%10,680$1,001$10,687,401
Medicare Surcharge 1%130$1,102$143,206
Gross Tax 79%12,225$13,021$159,179,568
Net Tax 72%11,160$14,627$163,234,299
Average Tax 100%15,395 $10,603$163,234,299
Gross Tax Rate 79%12,225 25%$159,179,568
Net Tax Rate 72%11,160 28%$163,234,299
Average Tax Rate 100%15,395 21%$163,234,299
%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 $51,690. It is estimated that the average taxable income for people who paid a net amount of tax was $66432.

The average net tax paid was $14,627. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 10,680 people for an average of $1,001. 130 people paid $1,102 on average more for the Medicare surcharge.

11,905 people earned a salary or wage and took home an average of $54,336 each.

Government allowance and payments were collected by 830 people for on average $5,651. 925 people received the pension or other allowance.

Charitable gifts and donations of an average of $479 were made by 5,900 people.

The costs of tax affairs for 7,880 people were claimed for $285 each.