TaxStats for postcode 2168 FY2013

Postcode 2168 includes Ashcroft, Busby, Cartwright, Green Valley, Heckenberg, Hinchinbrook, Miller, Sadleir in New South Wales, and is in the federal electorate of Fowler.

In FY 2013 the ATO recorded 17,600 individuals in postcode 2168. Of these people, 17,530 made a taxable income or loss. 14,540 of the population paid a gross amount of tax. After tax offsets, 13,440 people actually paid a net amount of tax. There were 4,090 non-taxable people who paid net tax of $0.

Compare TaxStats of 2168 with NSW

2168 TaxStats FY2013%Ppl#Ppl2168
Total Individuals100%17,600
Salary or Wage 88%15,465$46,195$714,412,647
Gross Interest38%6,720$1,225$8,229,586
Unfranked Dividends3%500$273$136,420
Franked Dividends14%2,380$1,727$4,111,021
Dividend Franking Credit13%2,375$741$1,760,149
Capital Gains2%275$12,293$3,380,478
Termination Payouts2%350$8,126$2,844,173
Tips/Directors Fees etc21%3,740$2,958$11,062,756
Business Income7%1,285$20,216$25,977,438
Foreign Income1%175$500$87,567
Government payments10%1,760$5,453$9,596,855
Government pensions4%695$9,924$6,897,233
Total Income or Loss100%17,535$46,041$807,333,831
Charitable Gifts37%6,505$348$2,261,245
Cost of Tax Affairs60%10,505$186$1,949,228
Work Car expenses25%4,380$2,828$12,386,157
Work Travel expenses9%1,520$1,664$2,528,951
Self Education expenses5%865$1,687$1,458,948
Total Deductions82%14,480$2,566$37,151,512
Taxable Income100%17,530$43,886$769,330,237
Medicare Levy 72%12,640$799$10,101,811
Medicare Surcharge 1%175$1,105$193,457
Gross Tax 83%14,540$8,671$126,080,004
Net Tax 76%13,440$9,640$129,559,352
Average Tax 100%17,600 $7,361$129,559,352
Gross Tax Rate 83%14,540 20%$126,080,004
Net Tax Rate 76%13,440 22%$129,559,352
Average Tax Rate 100%17,600 17%$129,559,352
%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 $43,886. It is estimated that the average taxable income for people who paid a net amount of tax was $53590.

The average net tax paid was $9,640. This equates to an average tax of 22 cents in the dollar on taxable income.

The Medicare levy was paid by 12,640 people for an average of $799. 175 people paid $1,105 on average more for the Medicare surcharge.

15,465 people earned a salary or wage and took home an average of $46,195 each.

Government allowance and payments were collected by 1,760 people for on average $5,453. 695 people received the pension or other allowance.

Charitable gifts and donations of an average of $348 were made by 6,505 people.

The costs of tax affairs for 10,505 people were claimed for $186 each.