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 | #Ppl | 2168 Avg | 2168 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 17,600 | ||
| Income | ||||
| Salary or Wage | 88% | 15,465 | $46,195 | $714,412,647 |
| Gross Interest | 38% | 6,720 | $1,225 | $8,229,586 |
| Unfranked Dividends | 3% | 500 | $273 | $136,420 |
| Franked Dividends | 14% | 2,380 | $1,727 | $4,111,021 |
| Dividend Franking Credit | 13% | 2,375 | $741 | $1,760,149 |
| Capital Gains | 2% | 275 | $12,293 | $3,380,478 |
| Termination Payouts | 2% | 350 | $8,126 | $2,844,173 |
| Tips/Directors Fees etc | 21% | 3,740 | $2,958 | $11,062,756 |
| Business Income | 7% | 1,285 | $20,216 | $25,977,438 |
| Foreign Income | 1% | 175 | $500 | $87,567 |
| Government payments | 10% | 1,760 | $5,453 | $9,596,855 |
| Government pensions | 4% | 695 | $9,924 | $6,897,233 |
| Total Income or Loss | 100% | 17,535 | $46,041 | $807,333,831 |
| Deducations | ||||
| Charitable Gifts | 37% | 6,505 | $348 | $2,261,245 |
| Cost of Tax Affairs | 60% | 10,505 | $186 | $1,949,228 |
| Work Car expenses | 25% | 4,380 | $2,828 | $12,386,157 |
| Work Travel expenses | 9% | 1,520 | $1,664 | $2,528,951 |
| Self Education expenses | 5% | 865 | $1,687 | $1,458,948 |
| Total Deductions | 82% | 14,480 | $2,566 | $37,151,512 |
| Taxation | ||||
| Taxable Income | 100% | 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.