Overview

• The Australian Taxation Office collected $577.4 billion in the 2022-23 financial year, up from $530.1 billion the year before.
• Ninety-one Australians with incomes above $1 million paid no tax after claiming $390 million in deductions, including $291 million in charitable contributions.
• The mining industry accounted for the largest share of company tax liabilities with $54.4 billion in net payments.
• Residents of Sydney’s 2027 postcode topped the income charts with an average taxable income of $279,712.
• Australians collectively claimed $28.3 billion in work-related expenses in 2022-23, averaging $2,739 per filer.