2304 VS NSW TaxStats FY2013
Postcode 2304 includes Kooragang, Mayfield, Mayfield East, Mayfield North, Mayfield West, Sandgate, Warabrook in New South Wales, and is in the federal electorate of Newcastle.
| 2304 VS nsw TaxStats FY2013 | %Ppl | #Ppl | 2304 Avg | %Ppl | #Ppl | NSW Avg |
|---|---|---|---|---|---|---|
| Total Individuals | 100% | 7,840 | 100% | 4,008,250 | ||
| Income | ||||||
| Salary or Wage | 87% | 6,825 | $50,444 | 79% | 3,167,750 | $56,530 |
| Gross Interest | 53% | 4,165 | $1,168 | 58% | 2,307,660 | $2,474 |
| Unfranked Dividends | 6% | 490 | $335 | 9% | 346,070 | $932 |
| Franked Dividends | 22% | 1,695 | $2,945 | 27% | 1,084,485 | $7,291 |
| Dividend Franking Credit | 21% | 1,685 | $1,268 | 27% | 1,080,805 | $3,133 |
| Capital Gains | 3% | 200 | $10,536 | 4% | 159,050 | $19,075 |
| Termination Payouts | 2% | 190 | $8,314 | 2% | 64,895 | $18,357 |
| Tips/Directors Fees etc | 25% | 1,930 | $1,954 | 19% | 767,125 | $3,946 |
| Business Income | 7% | 520 | $17,374 | 9% | 367,950 | $23,926 |
| Foreign Income | 3% | 225 | $542 | 5% | 203,645 | $2,629 |
| Government payments | 12% | 905 | $5,491 | 7% | 262,510 | $5,416 |
| Government pensions | 5% | 420 | $9,117 | 5% | 211,850 | $9,473 |
| Total Income or Loss | 100% | 7,820 | $50,553 | 100% | 3,992,655 | $59,241 |
| Deducations | ||||||
| Charitable Gifts | 41% | 3,230 | $309 | 36% | 1,449,725 | $611 |
| Cost of Tax Affairs | 49% | 3,805 | $244 | 50% | 2,010,455 | $396 |
| Work Car expenses | 29% | 2,310 | $2,126 | 23% | 929,835 | $2,740 |
| Work Travel expenses | 11% | 860 | $1,398 | 10% | 396,485 | $1,685 |
| Self Education expenses | 7% | 520 | $1,692 | 5% | 204,915 | $2,012 |
| Total Deductions | 86% | 6,750 | $2,376 | 81% | 3,232,415 | $3,197 |
| Taxation | ||||||
| Taxable Income | 100% | 7,805 | $48,536 | 99% | 3,981,190 | $56,658 |
| Medicare Levy | 73% | 5,755 | $874 | 69% | 2,783,655 | $1,093 |
| Medicare Surcharge | 1% | 110 | $1,072 | 1% | 50,770 | $1,208 |
| Gross Tax | 83% | 6,520 | $10,522 | 80% | 3,215,915 | $15,440 |
| Net Tax | 77% | 6,055 | $11,612 | 74% | 2,950,735 | $17,210 |
| Average Tax | 100% | 7,840 | $8,968 | 100% | 4,008,250 | $12,669 |
| Gross Tax Rate | 83% | 6,520 | 22% | 80% | 3,215,915 | 27% |
| Net Tax Rate | 77% | 6,055 | 24% | 74% | 2,950,735 | 30% |
| Average Tax Rate | 100% | 7,840 | 18% | 100% | 4,008,250 | 22% |
| %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. |