TaxStats for postcode 2328 FY2013

Postcode 2328 includes Bureen, Dalswinton, Denman, Giants Creek, Hollydeen, Kerrabee, Mangoola, Martindale, Widden, Yarrawa in New South Wales, and is in the federal electorate of Hunter.

In FY 2013 the ATO recorded 1,375 individuals in postcode 2328. Of these people, 1,365 made a taxable income or loss. 1,080 of the population paid a gross amount of tax. After tax offsets, 995 people actually paid a net amount of tax. There were 370 non-taxable people who paid net tax of $0.

Compare TaxStats of 2328 with NSW

2328 TaxStats FY2013%Ppl#Ppl2328
Avg
2328
Total
Total Individuals100%1,375
Income
Salary or Wage 81%1,120$62,523$70,025,427
Gross Interest57%790$2,145$1,694,875
Unfranked Dividends8%110$272$29,887
Franked Dividends29%395$2,218$875,992
Dividend Franking Credit28%390$961$374,713
Capital Gains5%70$15,476$1,083,346
Termination Payouts3%35$12,089$423,128
Tips/Directors Fees etc19%255$2,348$598,679
Business Income8%115$4,248$488,543
Foreign Income4%55$309$17,013
Government payments5%70$4,760$333,221
Government pensions6%80$9,492$759,334
Total Income or Loss100%1,375$56,981$78,348,553
Deducations
Charitable Gifts36%500$229$114,453
Cost of Tax Affairs55%750$317$237,444
Work Car expenses29%405$2,253$912,295
Work Travel expenses5%75$2,622$196,643
Self Education expenses4%60$1,777$106,638
Total Deductions83%1,135$2,702$3,066,537
Taxation
Taxable Income99%1,365$54,677$74,634,590
Medicare Levy 70%960$1,097$1,053,148
Medicare Surcharge 2%25$1,215$30,371
Gross Tax 79%1,080$14,918$16,111,485
Net Tax 72%995$16,687$16,603,466
Average Tax 100%1,375 $12,075$16,603,466
Gross Tax Rate 79%1,080 27%$16,111,485
Net Tax Rate 72%995 31%$16,603,466
Average Tax Rate 100%1,375 22%$16,603,466
%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 $54,677. It is estimated that the average taxable income for people who paid a net amount of tax was $70547.

The average net tax paid was $16,687. This equates to an average tax of 31 cents in the dollar on taxable income.

The Medicare levy was paid by 960 people for an average of $1,097. 25 people paid $1,215 on average more for the Medicare surcharge.

1,120 people earned a salary or wage and took home an average of $62,523 each.

Government allowance and payments were collected by 70 people for on average $4,760. 80 people received the pension or other allowance.

Charitable gifts and donations of an average of $229 were made by 500 people.

The costs of tax affairs for 750 people were claimed for $317 each.