TaxStats for postcode 2287 FY2013

Postcode 2287 includes Birmingham Gardens, Birmingham Gardens, Elermore Vale, Elermore Vale, Fletcher, Fletcher, Maryland, Maryland, Minmi, Minmi, Rankin Park, Rankin Park, Summer Hill, Wallsend, Wallsend, Wallsend South in New South Wales, and is in the federal electorate of Newcastle.

In FY 2013 the ATO recorded 18,520 individuals in postcode 2287. Of these people, 18,455 made a taxable income or loss. 15,100 of the population paid a gross amount of tax. After tax offsets, 14,035 people actually paid a net amount of tax. There were 4,420 non-taxable people who paid net tax of $0.

Compare TaxStats of 2287 with NSW

2287 TaxStats FY2013%Ppl#Ppl2287
Avg
2287
Total
Total Individuals100%18,520
Income
Salary or Wage 86%15,840$53,623$849,394,376
Gross Interest55%10,270$1,357$13,933,551
Unfranked Dividends9%1,575$377$594,531
Franked Dividends29%5,350$2,426$12,976,791
Dividend Franking Credit29%5,335$1,042$5,558,576
Capital Gains3%610$7,575$4,620,842
Termination Payouts2%385$7,834$3,016,067
Tips/Directors Fees etc25%4,720$1,900$8,968,279
Business Income6%1,050$21,766$22,854,222
Foreign Income4%690$675$465,532
Government payments8%1,410$5,228$7,371,820
Government pensions5%1,010$9,550$9,645,105
Total Income or Loss100%18,470$52,963$978,233,449
Deducations
Charitable Gifts41%7,530$291$2,192,788
Cost of Tax Affairs48%8,950$225$2,018,095
Work Car expenses30%5,470$2,165$11,841,422
Work Travel expenses9%1,715$1,379$2,364,447
Self Education expenses6%1,025$1,612$1,652,672
Total Deductions85%15,760$2,420$38,135,783
Taxation
Taxable Income100%18,455$50,906$939,461,768
Medicare Levy 73%13,495$943$12,726,997
Medicare Surcharge 1%200$1,199$239,832
Gross Tax 82%15,100$11,951$180,458,936
Net Tax 76%14,035$13,214$185,455,616
Average Tax 100%18,520 $10,014$185,455,616
Gross Tax Rate 82%15,100 23%$180,458,936
Net Tax Rate 76%14,035 26%$185,455,616
Average Tax Rate 100%18,520 20%$185,455,616
%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 $50,906. It is estimated that the average taxable income for people who paid a net amount of tax was $63158.

The average net tax paid was $13,214. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 13,495 people for an average of $943. 200 people paid $1,199 on average more for the Medicare surcharge.

15,840 people earned a salary or wage and took home an average of $53,623 each.

Government allowance and payments were collected by 1,410 people for on average $5,228. 1,010 people received the pension or other allowance.

Charitable gifts and donations of an average of $291 were made by 7,530 people.

The costs of tax affairs for 8,950 people were claimed for $225 each.