TaxStats for postcode 2223 FY2013

Postcode 2223 includes Mortdale, Oatley, Oatley in New South Wales, and is in the federal electorate of Banks.

In FY 2013 the ATO recorded 12,930 individuals in postcode 2223. Of these people, 12,850 made a taxable income or loss. 10,555 of the population paid a gross amount of tax. After tax offsets, 9,765 people actually paid a net amount of tax. There were 3,085 non-taxable people who paid net tax of $0.

Compare TaxStats of 2223 with NSW

2223 TaxStats FY2013%Ppl#Ppl2223
Total Individuals100%12,930
Salary or Wage 79%10,190$62,298$634,811,727
Gross Interest65%8,465$2,871$24,305,664
Unfranked Dividends11%1,420$810$1,149,492
Franked Dividends34%4,335$6,597$28,599,895
Dividend Franking Credit33%4,330$2,828$12,244,754
Capital Gains5%660$12,206$8,055,647
Termination Payouts2%195$24,592$4,795,489
Tips/Directors Fees etc17%2,225$4,756$10,582,485
Business Income8%1,065$31,690$33,750,118
Foreign Income7%870$783$681,428
Government payments4%520$5,184$2,695,911
Government pensions5%600$8,921$5,352,889
Total Income or Loss100%12,885$64,237$827,697,898
Charitable Gifts42%5,400$581$3,137,975
Cost of Tax Affairs49%6,335$339$2,145,850
Work Car expenses21%2,660$2,947$7,838,035
Work Travel expenses10%1,310$1,551$2,032,169
Self Education expenses5%695$1,868$1,298,500
Total Deductions82%10,550$3,218$33,952,741
Taxable Income99%12,850$61,674$792,509,586
Medicare Levy 73%9,410$1,168$10,993,321
Medicare Surcharge 1%140$955$133,707
Gross Tax 82%10,555$17,025$179,699,963
Net Tax 76%9,765$18,889$184,447,563
Average Tax 100%12,930 $14,265$184,447,563
Gross Tax Rate 82%10,555 28%$179,699,963
Net Tax Rate 76%9,765 31%$184,447,563
Average Tax Rate 100%12,930 23%$184,447,563
%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 $61,674. It is estimated that the average taxable income for people who paid a net amount of tax was $77367.

The average net tax paid was $18,889. This equates to an average tax of 31 cents in the dollar on taxable income.

The Medicare levy was paid by 9,410 people for an average of $1,168. 140 people paid $955 on average more for the Medicare surcharge.

10,190 people earned a salary or wage and took home an average of $62,298 each.

Government allowance and payments were collected by 520 people for on average $5,184. 600 people received the pension or other allowance.

Charitable gifts and donations of an average of $581 were made by 5,400 people.

The costs of tax affairs for 6,335 people were claimed for $339 each.