TaxStats for postcode 2220 FY2013

Postcode 2220 includes Hurstville, Hurstville Grove, Hurstville Grove, Hurstville Westfield in New South Wales, and is in the federal electorate of Banks.

In FY 2013 the ATO recorded 17,010 individuals in postcode 2220. Of these people, 16,860 made a taxable income or loss. 12,870 of the population paid a gross amount of tax. After tax offsets, 11,690 people actually paid a net amount of tax. There were 5,170 non-taxable people who paid net tax of $0.

Compare TaxStats of 2220 with NSW

2220 TaxStats FY2013%Ppl#Ppl2220
Total Individuals100%17,010
Salary or Wage 78%13,245$46,995$622,448,751
Gross Interest64%10,805$2,172$23,473,038
Unfranked Dividends7%1,200$650$779,828
Franked Dividends21%3,595$3,893$13,995,049
Dividend Franking Credit21%3,585$1,673$5,997,404
Capital Gains3%575$13,145$7,558,141
Termination Payouts1%185$13,571$2,510,684
Tips/Directors Fees etc15%2,585$4,890$12,640,967
Business Income10%1,690$20,424$34,516,067
Foreign Income4%625$2,915$1,821,754
Government payments6%985$5,801$5,714,204
Government pensions3%590$9,700$5,722,771
Total Income or Loss99%16,885$46,217$780,370,792
Charitable Gifts26%4,490$525$2,356,665
Cost of Tax Affairs44%7,425$257$1,909,452
Work Car expenses15%2,570$2,815$7,235,397
Work Travel expenses9%1,550$1,340$2,076,655
Self Education expenses6%975$2,176$2,121,427
Total Deductions74%12,595$2,460$30,977,790
Taxable Income99%16,860$44,376$748,182,568
Medicare Levy 62%10,555$901$9,513,440
Medicare Surcharge 1%140$1,034$144,696
Gross Tax 76%12,870$10,584$136,212,041
Net Tax 69%11,690$11,927$139,426,515
Average Tax 100%17,010 $8,197$139,426,515
Gross Tax Rate 76%12,870 24%$136,212,041
Net Tax Rate 69%11,690 27%$139,426,515
Average Tax Rate 100%17,010 18%$139,426,515
%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 $44,376. It is estimated that the average taxable income for people who paid a net amount of tax was $58695.

The average net tax paid was $11,927. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 10,555 people for an average of $901. 140 people paid $1,034 on average more for the Medicare surcharge.

13,245 people earned a salary or wage and took home an average of $46,995 each.

Government allowance and payments were collected by 985 people for on average $5,801. 590 people received the pension or other allowance.

Charitable gifts and donations of an average of $525 were made by 4,490 people.

The costs of tax affairs for 7,425 people were claimed for $257 each.