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#Ppl2221
Total Individuals100%9,775
Salary or Wage 73%7,100$61,218$434,647,603
Gross Interest65%6,375$3,859$24,601,998
Unfranked Dividends12%1,220$1,073$1,309,358
Franked Dividends38%3,705$11,654$43,176,992
Dividend Franking Credit38%3,700$5,000$18,499,764
Capital Gains6%555$19,315$10,719,732
Termination Payouts1%145$20,461$2,966,868
Tips/Directors Fees etc16%1,595$7,536$12,020,421
Business Income9%895$43,438$38,876,897
Foreign Income7%640$1,440$921,629
Government payments4%370$5,666$2,096,262
Government pensions5%450$9,518$4,283,268
Total Income or Loss99%9,725$69,000$671,026,706
Charitable Gifts37%3,575$611$2,184,943
Cost of Tax Affairs49%4,810$451$2,170,416
Work Car expenses20%1,965$3,584$7,042,067
Work Travel expenses9%920$1,511$1,389,802
Self Education expenses4%425$2,217$942,383
Total Deductions80%7,775$3,873$30,115,704
Taxable Income99%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.