TaxStats for postcode 2218 FY2013

Postcode 2218 includes Allawah, Carlton in New South Wales, and is in the federal electorate of Banks.

In FY 2013 the ATO recorded 9,145 individuals in postcode 2218. Of these people, 9,100 made a taxable income or loss. 7,345 of the population paid a gross amount of tax. After tax offsets, 6,805 people actually paid a net amount of tax. There were 2,295 non-taxable people who paid net tax of $0.

Compare TaxStats of 2218 with NSW

2218 TaxStats FY2013%Ppl#Ppl2218
Avg
2218
Total
Total Individuals100%9,145
Income
Salary or Wage 82%7,490$51,593$386,429,121
Gross Interest60%5,490$2,035$11,170,351
Unfranked Dividends7%605$552$334,135
Franked Dividends22%2,030$2,702$5,484,960
Dividend Franking Credit22%2,020$1,163$2,348,314
Capital Gains3%250$10,893$2,723,293
Termination Payouts2%155$11,015$1,707,266
Tips/Directors Fees etc18%1,665$3,492$5,814,421
Business Income10%910$19,335$17,595,001
Foreign Income3%305$826$251,825
Government payments6%570$5,730$3,265,924
Government pensions4%345$9,183$3,168,286
Total Income or Loss100%9,110$50,138$456,753,707
Deducations
Charitable Gifts34%3,090$413$1,276,344
Cost of Tax Affairs50%4,580$215$985,202
Work Car expenses20%1,815$2,820$5,119,010
Work Travel expenses10%955$1,321$1,261,224
Self Education expenses6%555$2,098$1,164,490
Total Deductions79%7,205$2,607$18,783,240
Taxation
Taxable Income100%9,100$48,094$437,658,987
Medicare Levy 69%6,325$914$5,779,296
Medicare Surcharge 1%95$1,058$100,557
Gross Tax 80%7,345$10,980$80,644,939
Net Tax 74%6,805$12,210$83,086,255
Average Tax 100%9,145 $9,085$83,086,255
Gross Tax Rate 80%7,345 23%$80,644,939
Net Tax Rate 74%6,805 25%$83,086,255
Average Tax Rate 100%9,145 19%$83,086,255
%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 $48,094. It is estimated that the average taxable income for people who paid a net amount of tax was $60267.

The average net tax paid was $12,210. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 6,325 people for an average of $914. 95 people paid $1,058 on average more for the Medicare surcharge.

7,490 people earned a salary or wage and took home an average of $51,593 each.

Government allowance and payments were collected by 570 people for on average $5,730. 345 people received the pension or other allowance.

Charitable gifts and donations of an average of $413 were made by 3,090 people.

The costs of tax affairs for 4,580 people were claimed for $215 each.