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 | #Ppl | 2223 Avg | 2223 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 12,930 | ||
| Income | ||||
| Salary or Wage | 79% | 10,190 | $62,298 | $634,811,727 |
| Gross Interest | 65% | 8,465 | $2,871 | $24,305,664 |
| Unfranked Dividends | 11% | 1,420 | $810 | $1,149,492 |
| Franked Dividends | 34% | 4,335 | $6,597 | $28,599,895 |
| Dividend Franking Credit | 33% | 4,330 | $2,828 | $12,244,754 |
| Capital Gains | 5% | 660 | $12,206 | $8,055,647 |
| Termination Payouts | 2% | 195 | $24,592 | $4,795,489 |
| Tips/Directors Fees etc | 17% | 2,225 | $4,756 | $10,582,485 |
| Business Income | 8% | 1,065 | $31,690 | $33,750,118 |
| Foreign Income | 7% | 870 | $783 | $681,428 |
| Government payments | 4% | 520 | $5,184 | $2,695,911 |
| Government pensions | 5% | 600 | $8,921 | $5,352,889 |
| Total Income or Loss | 100% | 12,885 | $64,237 | $827,697,898 |
| Deducations | ||||
| Charitable Gifts | 42% | 5,400 | $581 | $3,137,975 |
| Cost of Tax Affairs | 49% | 6,335 | $339 | $2,145,850 |
| Work Car expenses | 21% | 2,660 | $2,947 | $7,838,035 |
| Work Travel expenses | 10% | 1,310 | $1,551 | $2,032,169 |
| Self Education expenses | 5% | 695 | $1,868 | $1,298,500 |
| Total Deductions | 82% | 10,550 | $3,218 | $33,952,741 |
| Taxation | ||||
| Taxable Income | 99% | 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.