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#Ppl2229
Total Individuals100%17,805
Salary or Wage 76%13,545$63,540$860,646,811
Gross Interest65%11,515$3,441$39,620,413
Unfranked Dividends10%1,865$1,042$1,943,539
Franked Dividends35%6,215$10,641$66,135,515
Dividend Franking Credit35%6,200$4,570$28,332,332
Capital Gains5%920$17,692$16,276,312
Termination Payouts1%255$20,192$5,148,851
Tips/Directors Fees etc20%3,575$5,249$18,763,453
Business Income9%1,580$27,674$43,724,410
Foreign Income6%1,155$2,418$2,792,978
Government payments4%695$4,932$3,427,870
Government pensions6%1,010$9,157$9,248,823
Total Income or Loss100%17,765$67,683$1,202,383,142
Charitable Gifts40%7,185$423$3,037,758
Cost of Tax Affairs53%9,505$394$3,740,671
Work Car expenses25%4,535$3,365$15,262,088
Work Travel expenses11%1,920$1,998$3,836,500
Self Education expenses5%810$1,836$1,487,270
Total Deductions83%14,730$3,733$54,992,430
Taxable Income99%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.