TaxStats for postcode 2327 FY2013

Postcode 2327 includes Kurri Kurri, Pelaw Main, Stanford Merthyr in New South Wales, and is in the federal electorate of Hunter.

In FY 2013 the ATO recorded 3,410 individuals in postcode 2327. Of these people, 3,405 made a taxable income or loss. 2,790 of the population paid a gross amount of tax. After tax offsets, 2,510 people actually paid a net amount of tax. There were 895 non-taxable people who paid net tax of $0.

Compare TaxStats of 2327 with NSW

2327 TaxStats FY2013%Ppl#Ppl2327
Total Individuals100%3,410
Salary or Wage 87%2,950$49,774$146,833,850
Gross Interest43%1,465$1,183$1,732,700
Unfranked Dividends5%180$291$52,331
Franked Dividends22%765$2,016$1,542,165
Dividend Franking Credit22%760$870$661,200
Capital Gains2%80$7,176$574,065
Termination Payouts4%135$9,422$1,271,922
Tips/Directors Fees etc25%865$1,767$1,528,546
Business Income4%140$16,956$2,373,792
Foreign Income2%85$326$27,724
Government payments12%395$5,239$2,069,408
Government pensions8%280$10,011$2,802,993
Total Income or Loss100%3,410$49,320$168,179,870
Charitable Gifts38%1,305$189$247,222
Cost of Tax Affairs51%1,755$212$371,936
Work Car expenses32%1,090$2,165$2,360,241
Work Travel expenses6%215$2,306$495,695
Self Education expenses6%190$1,428$271,336
Total Deductions84%2,880$2,237$6,441,556
Taxable Income100%3,405$47,464$161,613,472
Medicare Levy 70%2,390$893$2,134,794
Medicare Surcharge 1%50$1,082$54,084
Gross Tax 82%2,790$10,537$29,398,759
Net Tax 74%2,510$11,913$29,902,312
Average Tax 100%3,410 $8,769$29,902,312
Gross Tax Rate 82%2,790 22%$29,398,759
Net Tax Rate 74%2,510 25%$29,902,312
Average Tax Rate 100%3,410 18%$29,902,312
%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 $47,464. It is estimated that the average taxable income for people who paid a net amount of tax was $60109.

The average net tax paid was $11,913. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 2,390 people for an average of $893. 50 people paid $1,082 on average more for the Medicare surcharge.

2,950 people earned a salary or wage and took home an average of $49,774 each.

Government allowance and payments were collected by 395 people for on average $5,239. 280 people received the pension or other allowance.

Charitable gifts and donations of an average of $189 were made by 1,305 people.

The costs of tax affairs for 1,755 people were claimed for $212 each.