TaxStats for postcode 2216 FY2013

Postcode 2216 includes Banksia, Brighton-Le-Sands, Kyeemagh, Rockdale in New South Wales, and is in the federal electorate of Barton.

In FY 2013 the ATO recorded 16,160 individuals in postcode 2216. Of these people, 16,075 made a taxable income or loss. 13,120 of the population paid a gross amount of tax. After tax offsets, 12,115 people actually paid a net amount of tax. There were 3,960 non-taxable people who paid net tax of $0.

Compare TaxStats of 2216 with NSW

2216 TaxStats FY2013%Ppl#Ppl2216
Avg
2216
Total
Total Individuals100%16,160
Income
Salary or Wage 83%13,370$49,939$667,679,748
Gross Interest54%8,805$1,972$17,364,344
Unfranked Dividends5%800$447$357,671
Franked Dividends18%2,890$3,472$10,034,299
Dividend Franking Credit18%2,880$1,475$4,248,183
Capital Gains2%395$14,020$5,537,782
Termination Payouts1%235$12,021$2,824,858
Tips/Directors Fees etc18%2,950$3,614$10,660,534
Business Income9%1,510$19,551$29,521,574
Foreign Income2%390$976$380,759
Government payments5%860$5,421$4,662,448
Government pensions4%575$9,476$5,448,749
Total Income or Loss100%16,095$49,465$796,138,719
Deducations
Charitable Gifts31%4,975$530$2,638,970
Cost of Tax Affairs55%8,850$226$1,997,708
Work Car expenses20%3,200$3,085$9,873,042
Work Travel expenses12%1,920$1,437$2,758,274
Self Education expenses6%905$2,434$2,202,435
Total Deductions80%12,875$2,732$35,176,238
Taxation
Taxable Income99%16,075$47,290$760,184,909
Medicare Levy 67%10,800$899$9,710,764
Medicare Surcharge 1%185$1,200$221,951
Gross Tax 81%13,120$10,574$138,732,133
Net Tax 75%12,115$11,768$142,565,125
Average Tax 100%16,160 $8,822$142,565,125
Gross Tax Rate 81%13,120 22%$138,732,133
Net Tax Rate 75%12,115 25%$142,565,125
Average Tax Rate 100%16,160 19%$142,565,125
%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 $47,290. It is estimated that the average taxable income for people who paid a net amount of tax was $58825.

The average net tax paid was $11,768. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 10,800 people for an average of $899. 185 people paid $1,200 on average more for the Medicare surcharge.

13,370 people earned a salary or wage and took home an average of $49,939 each.

Government allowance and payments were collected by 860 people for on average $5,421. 575 people received the pension or other allowance.

Charitable gifts and donations of an average of $530 were made by 4,975 people.

The costs of tax affairs for 8,850 people were claimed for $226 each.