TaxStats for postcode 2211 FY2013
Postcode 2211 includes Padstow, Padstow Heights, Padstow Heights in New South Wales, and is in the federal electorate of Banks.
In FY 2013 the ATO recorded 9,250 individuals in postcode 2211. Of these people, 9,205 made a taxable income or loss. 7,590 of the population paid a gross amount of tax. After tax offsets, 6,995 people actually paid a net amount of tax. There were 2,210 non-taxable people who paid net tax of $0.
Compare TaxStats of 2211 with NSW
| 2211 TaxStats FY2013 | %Ppl | #Ppl | 2211 Avg | 2211 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 9,250 | ||
| Income | ||||
| Salary or Wage | 81% | 7,480 | $54,295 | $406,124,790 |
| Gross Interest | 57% | 5,300 | $2,048 | $10,855,836 |
| Unfranked Dividends | 8% | 775 | $425 | $329,411 |
| Franked Dividends | 28% | 2,615 | $3,329 | $8,704,982 |
| Dividend Franking Credit | 28% | 2,605 | $1,431 | $3,727,200 |
| Capital Gains | 3% | 310 | $12,174 | $3,773,897 |
| Termination Payouts | 2% | 145 | $10,125 | $1,468,148 |
| Tips/Directors Fees etc | 18% | 1,690 | $4,062 | $6,864,412 |
| Business Income | 8% | 775 | $22,662 | $17,563,073 |
| Foreign Income | 4% | 335 | $782 | $261,935 |
| Government payments | 5% | 450 | $5,366 | $2,414,701 |
| Government pensions | 5% | 490 | $10,053 | $4,925,876 |
| Total Income or Loss | 100% | 9,220 | $52,676 | $485,669,719 |
| Deducations | ||||
| Charitable Gifts | 41% | 3,770 | $388 | $1,461,526 |
| Cost of Tax Affairs | 52% | 4,845 | $241 | $1,168,805 |
| Work Car expenses | 23% | 2,135 | $2,788 | $5,952,439 |
| Work Travel expenses | 10% | 935 | $1,267 | $1,184,316 |
| Self Education expenses | 6% | 520 | $1,907 | $991,489 |
| Total Deductions | 81% | 7,530 | $2,639 | $19,872,604 |
| Taxation | ||||
| Taxable Income | 100% | 9,205 | $50,521 | $465,042,762 |
| Medicare Levy | 73% | 6,745 | $937 | $6,321,595 |
| Medicare Surcharge | 1% | 100 | $1,067 | $106,670 |
| Gross Tax | 82% | 7,590 | $11,714 | $88,907,667 |
| Net Tax | 76% | 6,995 | $13,074 | $91,455,392 |
| Average Tax | 100% | 9,250 | $9,887 | $91,455,392 |
| Gross Tax Rate | 82% | 7,590 | 23% | $88,907,667 |
| Net Tax Rate | 76% | 6,995 | 26% | $91,455,392 |
| Average Tax Rate | 100% | 9,250 | 20% | $91,455,392 |
| %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 $50,521. It is estimated that the average taxable income for people who paid a net amount of tax was $62691.
The average net tax paid was $13,074. This equates to an average tax of 26 cents in the dollar on taxable income.
The Medicare levy was paid by 6,745 people for an average of $937. 100 people paid $1,067 on average more for the Medicare surcharge.
7,480 people earned a salary or wage and took home an average of $54,295 each.
Government allowance and payments were collected by 450 people for on average $5,366. 490 people received the pension or other allowance.
Charitable gifts and donations of an average of $388 were made by 3,770 people.
The costs of tax affairs for 4,845 people were claimed for $241 each.