TaxStats for postcode 2221 FY2013
Postcode 2221 includes Blakehurst, Blakehurst, Carss Park, Carss Park, Connells Point, Connells Point, Kyle Bay, Kyle Bay, South Hurstville, South Hurstville in New South Wales, and is in the federal electorate of Banks.
In FY 2013 the ATO recorded 9,775 individuals in postcode 2221. Of these people, 9,695 made a taxable income or loss. 7,950 of the population paid a gross amount of tax. After tax offsets, 7,265 people actually paid a net amount of tax. There were 2,430 non-taxable people who paid net tax of $0.
Compare TaxStats of 2221 with NSW
| 2221 TaxStats FY2013 | %Ppl | #Ppl | 2221 Avg | 2221 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 9,775 | ||
| Income | ||||
| Salary or Wage | 73% | 7,100 | $61,218 | $434,647,603 |
| Gross Interest | 65% | 6,375 | $3,859 | $24,601,998 |
| Unfranked Dividends | 12% | 1,220 | $1,073 | $1,309,358 |
| Franked Dividends | 38% | 3,705 | $11,654 | $43,176,992 |
| Dividend Franking Credit | 38% | 3,700 | $5,000 | $18,499,764 |
| Capital Gains | 6% | 555 | $19,315 | $10,719,732 |
| Termination Payouts | 1% | 145 | $20,461 | $2,966,868 |
| Tips/Directors Fees etc | 16% | 1,595 | $7,536 | $12,020,421 |
| Business Income | 9% | 895 | $43,438 | $38,876,897 |
| Foreign Income | 7% | 640 | $1,440 | $921,629 |
| Government payments | 4% | 370 | $5,666 | $2,096,262 |
| Government pensions | 5% | 450 | $9,518 | $4,283,268 |
| Total Income or Loss | 99% | 9,725 | $69,000 | $671,026,706 |
| Deducations | ||||
| Charitable Gifts | 37% | 3,575 | $611 | $2,184,943 |
| Cost of Tax Affairs | 49% | 4,810 | $451 | $2,170,416 |
| Work Car expenses | 20% | 1,965 | $3,584 | $7,042,067 |
| Work Travel expenses | 9% | 920 | $1,511 | $1,389,802 |
| Self Education expenses | 4% | 425 | $2,217 | $942,383 |
| Total Deductions | 80% | 7,775 | $3,873 | $30,115,704 |
| Taxation | ||||
| Taxable Income | 99% | 9,695 | $65,941 | $639,298,253 |
| Medicare Levy | 71% | 6,975 | $1,273 | $8,878,228 |
| Medicare Surcharge | 1% | 95 | $1,422 | $135,043 |
| Gross Tax | 81% | 7,950 | $19,439 | $154,539,760 |
| Net Tax | 74% | 7,265 | $21,888 | $159,012,954 |
| Average Tax | 100% | 9,775 | $16,267 | $159,012,954 |
| Gross Tax Rate | 81% | 7,950 | 29% | $154,539,760 |
| Net Tax Rate | 74% | 7,265 | 33% | $159,012,954 |
| Average Tax Rate | 100% | 9,775 | 25% | $159,012,954 |
| %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 $65,941. It is estimated that the average taxable income for people who paid a net amount of tax was $83983.
The average net tax paid was $21,888. This equates to an average tax of 33 cents in the dollar on taxable income.
The Medicare levy was paid by 6,975 people for an average of $1,273. 95 people paid $1,422 on average more for the Medicare surcharge.
7,100 people earned a salary or wage and took home an average of $61,218 each.
Government allowance and payments were collected by 370 people for on average $5,666. 450 people received the pension or other allowance.
Charitable gifts and donations of an average of $611 were made by 3,575 people.
The costs of tax affairs for 4,810 people were claimed for $451 each.