TaxStats for postcode 2229 FY2013
Postcode 2229 includes Caringbah, Caringbah South, Dolans Bay, Lilli Pilli, Port Hacking, Taren Point, Warumbul in New South Wales, and is in the federal electorate of Cook.
In FY 2013 the ATO recorded 17,805 individuals in postcode 2229. Of these people, 17,715 made a taxable income or loss. 14,680 of the population paid a gross amount of tax. After tax offsets, 13,520 people actually paid a net amount of tax. There were 4,195 non-taxable people who paid net tax of $0.
Compare TaxStats of 2229 with NSW
| 2229 TaxStats FY2013 | %Ppl | #Ppl | 2229 Avg | 2229 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 17,805 | ||
| Income | ||||
| Salary or Wage | 76% | 13,545 | $63,540 | $860,646,811 |
| Gross Interest | 65% | 11,515 | $3,441 | $39,620,413 |
| Unfranked Dividends | 10% | 1,865 | $1,042 | $1,943,539 |
| Franked Dividends | 35% | 6,215 | $10,641 | $66,135,515 |
| Dividend Franking Credit | 35% | 6,200 | $4,570 | $28,332,332 |
| Capital Gains | 5% | 920 | $17,692 | $16,276,312 |
| Termination Payouts | 1% | 255 | $20,192 | $5,148,851 |
| Tips/Directors Fees etc | 20% | 3,575 | $5,249 | $18,763,453 |
| Business Income | 9% | 1,580 | $27,674 | $43,724,410 |
| Foreign Income | 6% | 1,155 | $2,418 | $2,792,978 |
| Government payments | 4% | 695 | $4,932 | $3,427,870 |
| Government pensions | 6% | 1,010 | $9,157 | $9,248,823 |
| Total Income or Loss | 100% | 17,765 | $67,683 | $1,202,383,142 |
| Deducations | ||||
| Charitable Gifts | 40% | 7,185 | $423 | $3,037,758 |
| Cost of Tax Affairs | 53% | 9,505 | $394 | $3,740,671 |
| Work Car expenses | 25% | 4,535 | $3,365 | $15,262,088 |
| Work Travel expenses | 11% | 1,920 | $1,998 | $3,836,500 |
| Self Education expenses | 5% | 810 | $1,836 | $1,487,270 |
| Total Deductions | 83% | 14,730 | $3,733 | $54,992,430 |
| Taxation | ||||
| Taxable Income | 99% | 17,715 | $64,653 | $1,145,333,538 |
| Medicare Levy | 73% | 12,935 | $1,224 | $15,835,079 |
| Medicare Surcharge | 1% | 200 | $1,289 | $257,773 |
| Gross Tax | 82% | 14,680 | $18,584 | $272,805,838 |
| Net Tax | 76% | 13,520 | $20,656 | $279,263,327 |
| Average Tax | 100% | 17,805 | $15,685 | $279,263,327 |
| Gross Tax Rate | 82% | 14,680 | 29% | $272,805,838 |
| Net Tax Rate | 76% | 13,520 | 32% | $279,263,327 |
| Average Tax Rate | 100% | 17,805 | 24% | $279,263,327 |
| %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 $64,653. It is estimated that the average taxable income for people who paid a net amount of tax was $80991.
The average net tax paid was $20,656. This equates to an average tax of 32 cents in the dollar on taxable income.
The Medicare levy was paid by 12,935 people for an average of $1,224. 200 people paid $1,289 on average more for the Medicare surcharge.
13,545 people earned a salary or wage and took home an average of $63,540 each.
Government allowance and payments were collected by 695 people for on average $4,932. 1,010 people received the pension or other allowance.
Charitable gifts and donations of an average of $423 were made by 7,185 people.
The costs of tax affairs for 9,505 people were claimed for $394 each.