TaxStats for postcode 2172 FY2013

Postcode 2172 includes Pleasure Point, Pleasure Point, Sandy Point, Sandy Point, Voyager Point, Voyager Point in New South Wales, and is in the federal electorate of Hughes.

In FY 2013 the ATO recorded 1,225 individuals in postcode 2172. Of these people, 1,220 made a taxable income or loss. 1,020 of the population paid a gross amount of tax. After tax offsets, 970 people actually paid a net amount of tax. There were 250 non-taxable people who paid net tax of $0.

Compare TaxStats of 2172 with NSW

2172 TaxStats FY2013%Ppl#Ppl2172
Avg
2172
Total
Total Individuals100%1,225
Income
Salary or Wage 85%1,045$63,387$66,238,933
Gross Interest57%700$1,861$1,302,427
Unfranked Dividends9%110$606$66,657
Franked Dividends31%375$5,365$2,011,767
Dividend Franking Credit31%375$2,297$861,209
Capital Gains6%75$7,573$567,965
Termination Payouts2%20$33,798$675,964
Tips/Directors Fees etc19%230$4,074$937,066
Business Income7%90$17,257$1,553,135
Foreign Income5%60$2,230$133,823
Government payments4%45$5,531$248,911
Government pensions2%25$10,329$258,223
Total Income or Loss100%1,220$64,675$78,904,107
Deducations
Charitable Gifts40%490$454$222,505
Cost of Tax Affairs54%660$308$203,226
Work Car expenses27%335$2,835$949,834
Work Travel expenses13%155$1,374$212,991
Self Education expenses5%65$1,939$126,012
Total Deductions83%1,020$3,387$3,454,896
Taxation
Taxable Income100%1,220$61,796$75,391,249
Medicare Levy 76%925$1,122$1,037,525
Medicare Surcharge 2%20$1,076$21,528
Gross Tax 83%1,020$16,275$16,599,991
Net Tax 79%970$17,669$17,138,830
Average Tax 100%1,225 $13,991$17,138,830
Gross Tax Rate 83%1,020 26%$16,599,991
Net Tax Rate 79%970 29%$17,138,830
Average Tax Rate 100%1,225 23%$17,138,830
%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 $61,796. It is estimated that the average taxable income for people who paid a net amount of tax was $74630.

The average net tax paid was $17,669. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 925 people for an average of $1,122. 20 people paid $1,076 on average more for the Medicare surcharge.

1,045 people earned a salary or wage and took home an average of $63,387 each.

Government allowance and payments were collected by 45 people for on average $5,531. 25 people received the pension or other allowance.

Charitable gifts and donations of an average of $454 were made by 490 people.

The costs of tax affairs for 660 people were claimed for $308 each.