TaxStats for postcode 2231 FY2013

Postcode 2231 includes Kurnell in New South Wales, and is in the federal electorate of Cook.

In FY 2013 the ATO recorded 1,320 individuals in postcode 2231. Of these people, 1,310 made a taxable income or loss. 1,110 of the population paid a gross amount of tax. After tax offsets, 1,020 people actually paid a net amount of tax. There were 290 non-taxable people who paid net tax of $0.

Compare TaxStats of 2231 with NSW

2231 TaxStats FY2013%Ppl#Ppl2231
Avg
2231
Total
Total Individuals100%1,320
Income
Salary or Wage 83%1,090$56,235$61,296,593
Gross Interest52%690$1,767$1,219,297
Unfranked Dividends4%55$263$14,464
Franked Dividends23%300$14,263$4,278,799
Dividend Franking Credit23%300$6,112$1,833,664
Capital Gains2%25$9,536$238,403
Termination Payouts3%40$5,613$224,506
Tips/Directors Fees etc26%340$3,969$1,349,611
Business Income11%140$20,084$2,811,745
Foreign Income2%25$175$4,370
Government payments5%65$4,756$309,137
Government pensions4%55$8,750$481,274
Total Income or Loss99%1,310$59,222$77,580,256
Deducations
Charitable Gifts37%485$215$104,077
Cost of Tax Affairs58%765$292$223,565
Work Car expenses28%370$3,068$1,135,026
Work Travel expenses10%130$2,611$339,483
Self Education expenses5%70$1,720$120,403
Total Deductions85%1,120$3,113$3,486,942
Taxation
Taxable Income99%1,310$56,517$74,037,686
Medicare Levy 75%995$1,029$1,023,972
Medicare Surcharge 2%25$865$21,631
Gross Tax 84%1,110$14,007$15,548,155
Net Tax 77%1,020$15,661$15,974,024
Average Tax 100%1,320 $12,102$15,974,024
Gross Tax Rate 84%1,110 25%$15,548,155
Net Tax Rate 77%1,020 28%$15,974,024
Average Tax Rate 100%1,320 21%$15,974,024
%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 $56,517. It is estimated that the average taxable income for people who paid a net amount of tax was $69174.

The average net tax paid was $15,661. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 995 people for an average of $1,029. 25 people paid $865 on average more for the Medicare surcharge.

1,090 people earned a salary or wage and took home an average of $56,235 each.

Government allowance and payments were collected by 65 people for on average $4,756. 55 people received the pension or other allowance.

Charitable gifts and donations of an average of $215 were made by 485 people.

The costs of tax affairs for 765 people were claimed for $292 each.