TaxStats for postcode 2745 FY2013

Postcode 2745 includes Glenmore Park, Glenmore Park, Greendale, Greendale, Luddenham, Mulgoa, Mulgoa, Regentville, Regentville, Wallacia, Wallacia in New South Wales, and is in the federal electorate of Lindsay.

In FY 2013 the ATO recorded 15,860 individuals in postcode 2745. Of these people, 15,780 made a taxable income or loss. 13,480 of the population paid a gross amount of tax. After tax offsets, 12,725 people actually paid a net amount of tax. There were 3,055 non-taxable people who paid net tax of $0.

Compare TaxStats of 2745 with NSW

2745 TaxStats FY2013%Ppl#Ppl2745
Avg
2745
Total
Total Individuals100%15,860
Income
Salary or Wage 87%13,860$58,165$806,165,684
Gross Interest53%8,410$1,510$12,695,290
Unfranked Dividends5%870$461$400,997
Franked Dividends24%3,760$5,444$20,470,301
Dividend Franking Credit24%3,740$2,344$8,768,422
Capital Gains3%470$19,519$9,173,964
Termination Payouts2%315$14,517$4,572,782
Tips/Directors Fees etc23%3,610$3,742$13,508,416
Business Income7%1,125$21,161$23,806,283
Foreign Income2%390$1,209$471,673
Government payments4%655$4,783$3,132,832
Government pensions3%530$9,045$4,793,599
Total Income or Loss100%15,805$60,205$951,539,123
Deducations
Charitable Gifts39%6,245$301$1,879,767
Cost of Tax Affairs54%8,520$395$3,365,117
Work Car expenses31%4,960$3,002$14,889,370
Work Travel expenses13%2,000$1,554$3,108,187
Self Education expenses6%875$1,865$1,631,688
Total Deductions86%13,685$3,240$44,339,173
Taxation
Taxable Income99%15,780$57,401$905,782,030
Medicare Levy 78%12,340$1,022$12,614,319
Medicare Surcharge 1%230$1,260$289,862
Gross Tax 85%13,480$13,862$186,859,278
Net Tax 80%12,725$15,174$193,093,966
Average Tax 100%15,860 $12,175$193,093,966
Gross Tax Rate 85%13,480 24%$186,859,278
Net Tax Rate 80%12,725 26%$193,093,966
Average Tax Rate 100%15,860 21%$193,093,966
%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 $57,401. It is estimated that the average taxable income for people who paid a net amount of tax was $68300.

The average net tax paid was $15,174. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 12,340 people for an average of $1,022. 230 people paid $1,260 on average more for the Medicare surcharge.

13,860 people earned a salary or wage and took home an average of $58,165 each.

Government allowance and payments were collected by 655 people for on average $4,783. 530 people received the pension or other allowance.

Charitable gifts and donations of an average of $301 were made by 6,245 people.

The costs of tax affairs for 8,520 people were claimed for $395 each.