TaxStats for postcode 2283 FY2013

Postcode 2283 includes Arcadia Vale, Awaba, Balmoral, Blackalls Park, Bolton Point, Buttaba, Carey Bay, Coal Point, Fassifern, Fennell Bay, Fishing Point, Kilaben Bay, Rathmines, Ryhope, Toronto in New South Wales, and is in the federal electorate of Charlton.

In FY 2013 the ATO recorded 12,550 individuals in postcode 2283. Of these people, 12,505 made a taxable income or loss. 9,975 of the population paid a gross amount of tax. After tax offsets, 9,030 people actually paid a net amount of tax. There were 3,475 non-taxable people who paid net tax of $0.

Compare TaxStats of 2283 with NSW

2283 TaxStats FY2013%Ppl#Ppl2283
Total Individuals100%12,550
Salary or Wage 78%9,780$54,531$533,316,095
Gross Interest56%7,080$2,116$14,981,806
Unfranked Dividends11%1,330$600$798,341
Franked Dividends34%4,220$6,574$27,741,070
Dividend Franking Credit34%4,210$2,823$11,885,791
Capital Gains5%590$21,027$12,405,892
Termination Payouts2%285$11,475$3,270,469
Tips/Directors Fees etc24%3,060$2,387$7,303,280
Business Income7%845$22,518$19,027,350
Foreign Income5%675$738$498,223
Government payments7%905$5,063$4,582,007
Government pensions8%980$9,167$8,983,491
Total Income or Loss100%12,520$55,903$699,899,715
Charitable Gifts38%4,790$330$1,582,852
Cost of Tax Affairs49%6,190$291$1,798,323
Work Car expenses27%3,340$2,403$8,024,405
Work Travel expenses8%1,060$1,799$1,907,418
Self Education expenses5%655$1,631$1,068,226
Total Deductions83%10,435$2,698$28,152,207
Taxable Income100%12,505$53,673$671,185,608
Medicare Levy 69%8,700$1,043$9,070,253
Medicare Surcharge 1%135$1,291$174,330
Gross Tax 79%9,975$14,099$140,640,492
Net Tax 72%9,030$15,862$143,234,728
Average Tax 100%12,550 $11,413$143,234,728
Gross Tax Rate 79%9,975 26%$140,640,492
Net Tax Rate 72%9,030 30%$143,234,728
Average Tax Rate 100%12,550 21%$143,234,728
%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 $53,673. It is estimated that the average taxable income for people who paid a net amount of tax was $69710.

The average net tax paid was $15,862. This equates to an average tax of 30 cents in the dollar on taxable income.

The Medicare levy was paid by 8,700 people for an average of $1,043. 135 people paid $1,291 on average more for the Medicare surcharge.

9,780 people earned a salary or wage and took home an average of $54,531 each.

Government allowance and payments were collected by 905 people for on average $5,063. 980 people received the pension or other allowance.

Charitable gifts and donations of an average of $330 were made by 4,790 people.

The costs of tax affairs for 6,190 people were claimed for $291 each.