TaxStats for postcode 2228 FY2013

Postcode 2228 includes Miranda, Yowie Bay in New South Wales, and is in the federal electorate of Cook.

In FY 2013 the ATO recorded 10,860 individuals in postcode 2228. Of these people, 10,795 made a taxable income or loss. 8,885 of the population paid a gross amount of tax. After tax offsets, 8,150 people actually paid a net amount of tax. There were 2,645 non-taxable people who paid net tax of $0.

Compare TaxStats of 2228 with NSW

2228 TaxStats FY2013%Ppl#Ppl2228
Total Individuals100%10,860
Salary or Wage 79%8,565$59,494$509,567,010
Gross Interest62%6,715$2,730$18,330,081
Unfranked Dividends9%1,010$693$699,605
Franked Dividends31%3,345$7,612$25,463,074
Dividend Franking Credit31%3,330$3,275$10,905,660
Capital Gains4%465$15,499$7,206,899
Termination Payouts2%175$14,664$2,566,267
Tips/Directors Fees etc21%2,265$4,269$9,668,651
Business Income9%935$23,005$21,509,620
Foreign Income5%570$1,108$631,638
Government payments5%530$4,890$2,591,488
Government pensions6%665$9,363$6,226,692
Total Income or Loss100%10,835$60,735$658,066,171
Charitable Gifts39%4,250$431$1,831,169
Cost of Tax Affairs53%5,800$323$1,871,187
Work Car expenses26%2,770$3,108$8,607,822
Work Travel expenses11%1,165$1,766$2,057,931
Self Education expenses5%595$1,914$1,138,533
Total Deductions82%8,950$3,258$29,161,448
Taxable Income99%10,795$58,137$627,590,125
Medicare Levy 72%7,825$1,097$8,586,791
Medicare Surcharge 1%110$1,314$144,587
Gross Tax 82%8,885$15,374$136,597,946
Net Tax 75%8,150$17,233$140,452,117
Average Tax 100%10,860 $12,933$140,452,117
Gross Tax Rate 82%8,885 26%$136,597,946
Net Tax Rate 75%8,150 30%$140,452,117
Average Tax Rate 100%10,860 22%$140,452,117
%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 $58,137. It is estimated that the average taxable income for people who paid a net amount of tax was $73110.

The average net tax paid was $17,233. This equates to an average tax of 30 cents in the dollar on taxable income.

The Medicare levy was paid by 7,825 people for an average of $1,097. 110 people paid $1,314 on average more for the Medicare surcharge.

8,565 people earned a salary or wage and took home an average of $59,494 each.

Government allowance and payments were collected by 530 people for on average $4,890. 665 people received the pension or other allowance.

Charitable gifts and donations of an average of $431 were made by 4,250 people.

The costs of tax affairs for 5,800 people were claimed for $323 each.