TaxStats for postcode 2515 FY2013

Postcode 2515 includes Austinmer, Clifton, Coledale, Scarborough, Thirroul, Wombarra in New South Wales, and is in the federal electorate of Cunningham.

In FY 2013 the ATO recorded 6,515 individuals in postcode 2515. Of these people, 6,485 made a taxable income or loss. 5,290 of the population paid a gross amount of tax. After tax offsets, 4,910 people actually paid a net amount of tax. There were 1,575 non-taxable people who paid net tax of $0.

Compare TaxStats of 2515 with NSW

2515 TaxStats FY2013%Ppl#Ppl2515
Avg
2515
Total
Total Individuals100%6,515
Income
Salary or Wage 78%5,090$65,613$333,971,381
Gross Interest63%4,115$2,443$10,053,793
Unfranked Dividends10%645$780$503,265
Franked Dividends35%2,285$5,566$12,717,467
Dividend Franking Credit35%2,280$2,366$5,394,589
Capital Gains5%345$17,691$6,103,366
Termination Payouts1%90$20,882$1,879,405
Tips/Directors Fees etc19%1,270$4,999$6,349,004
Business Income12%760$26,325$20,007,160
Foreign Income7%435$1,136$494,087
Government payments6%360$5,341$1,922,742
Government pensions5%300$9,119$2,735,717
Total Income or Loss100%6,505$68,580$446,115,164
Deducations
Charitable Gifts45%2,910$434$1,263,907
Cost of Tax Affairs54%3,500$381$1,334,306
Work Car expenses29%1,865$2,632$4,908,718
Work Travel expenses12%795$1,849$1,470,087
Self Education expenses6%380$1,905$724,059
Total Deductions83%5,415$3,840$20,795,897
Taxation
Taxable Income100%6,485$65,444$424,405,319
Medicare Levy 74%4,800$1,236$5,930,672
Medicare Surcharge 2%130$1,230$159,925
Gross Tax 81%5,290$18,975$100,379,758
Net Tax 75%4,910$20,945$102,841,206
Average Tax 100%6,515 $15,785$102,841,206
Gross Tax Rate 81%5,290 29%$100,379,758
Net Tax Rate 75%4,910 32%$102,841,206
Average Tax Rate 100%6,515 24%$102,841,206
%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 $65,444. It is estimated that the average taxable income for people who paid a net amount of tax was $82588.

The average net tax paid was $20,945. This equates to an average tax of 32 cents in the dollar on taxable income.

The Medicare levy was paid by 4,800 people for an average of $1,236. 130 people paid $1,230 on average more for the Medicare surcharge.

5,090 people earned a salary or wage and took home an average of $65,613 each.

Government allowance and payments were collected by 360 people for on average $5,341. 300 people received the pension or other allowance.

Charitable gifts and donations of an average of $434 were made by 2,910 people.

The costs of tax affairs for 3,500 people were claimed for $381 each.