TaxStats for postcode 2226 FY2013

Postcode 2226 includes Bonnet Bay, Como, Jannali in New South Wales, and is in the federal electorate of Cook.

In FY 2013 the ATO recorded 7,470 individuals in postcode 2226. Of these people, 7,440 made a taxable income or loss. 6,240 of the population paid a gross amount of tax. After tax offsets, 5,835 people actually paid a net amount of tax. There were 1,605 non-taxable people who paid net tax of $0.

Compare TaxStats of 2226 with NSW

2226 TaxStats FY2013%Ppl#Ppl2226
Avg
2226
Total
Total Individuals100%7,470
Income
Salary or Wage 81%6,075$65,320$396,816,358
Gross Interest63%4,680$2,077$9,721,959
Unfranked Dividends10%755$480$362,253
Franked Dividends34%2,545$4,401$11,201,405
Dividend Franking Credit34%2,540$1,886$4,791,600
Capital Gains4%335$12,246$4,102,281
Termination Payouts2%140$26,807$3,753,049
Tips/Directors Fees etc19%1,395$4,511$6,292,625
Business Income9%645$21,103$13,611,595
Foreign Income6%445$680$302,401
Government payments4%275$4,904$1,348,697
Government pensions5%350$8,984$3,144,371
Total Income or Loss100%7,450$64,864$483,235,321
Deducations
Charitable Gifts46%3,465$434$1,502,905
Cost of Tax Affairs52%3,905$322$1,255,746
Work Car expenses25%1,885$2,922$5,507,870
Work Travel expenses11%840$1,480$1,242,887
Self Education expenses6%430$1,903$818,198
Total Deductions84%6,305$3,148$19,850,877
Taxation
Taxable Income100%7,440$62,221$462,925,189
Medicare Levy 76%5,695$1,142$6,505,952
Medicare Surcharge 1%75$1,075$80,607
Gross Tax 84%6,240$16,530$103,149,337
Net Tax 78%5,835$18,168$106,008,541
Average Tax 100%7,470 $14,191$106,008,541
Gross Tax Rate 84%6,240 27%$103,149,337
Net Tax Rate 78%5,835 29%$106,008,541
Average Tax Rate 100%7,470 23%$106,008,541
%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 $62,221. It is estimated that the average taxable income for people who paid a net amount of tax was $76035.

The average net tax paid was $18,168. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 5,695 people for an average of $1,142. 75 people paid $1,075 on average more for the Medicare surcharge.

6,075 people earned a salary or wage and took home an average of $65,320 each.

Government allowance and payments were collected by 275 people for on average $4,904. 350 people received the pension or other allowance.

Charitable gifts and donations of an average of $434 were made by 3,465 people.

The costs of tax affairs for 3,905 people were claimed for $322 each.