TaxStats for postcode 2250 FY2013
Postcode 2250 includes Bucketty, Calga, Central Mangrove, Donovans Forest, East Gosford, Erina, Glenworth Valley, Gosford, Greengrove, Holgate, Kariong, Kulnura, Lisarow, Lower Mangrove, Mangrove Creek, Mangrove Mountain, Matcham, Mooney Mooney Creek, Mount Elliot, Mount White, Narara, Niagara Park, North Gosford, Peats Ridge, Point Clare, Point Frederick, Somersby, Springfield, Tascott, Ten Mile Hollow, Upper Mangrove, Wendoree Park, West Gosford, Wyoming in New South Wales, and is in the federal electorate of Hunter.
In FY 2013 the ATO recorded 37,090 individuals in postcode 2250. Of these people, 36,890 made a taxable income or loss. 29,755 of the population paid a gross amount of tax. After tax offsets, 27,025 people actually paid a net amount of tax. There were 9,865 non-taxable people who paid net tax of $0.
Compare TaxStats of 2250 with NSW
| 2250 TaxStats FY2013 | %Ppl | #Ppl | 2250 Avg | 2250 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 37,090 | ||
| Income | ||||
| Salary or Wage | 79% | 29,230 | $51,367 | $1,501,454,190 |
| Gross Interest | 57% | 21,285 | $1,991 | $42,368,550 |
| Unfranked Dividends | 8% | 2,900 | $696 | $2,019,797 |
| Franked Dividends | 27% | 9,980 | $5,552 | $55,407,925 |
| Dividend Franking Credit | 27% | 9,950 | $2,386 | $23,738,558 |
| Capital Gains | 4% | 1,350 | $9,033 | $12,194,741 |
| Termination Payouts | 2% | 565 | $15,452 | $8,730,318 |
| Tips/Directors Fees etc | 21% | 7,705 | $2,990 | $23,036,649 |
| Business Income | 9% | 3,155 | $23,534 | $74,249,516 |
| Foreign Income | 5% | 1,935 | $1,286 | $2,488,020 |
| Government payments | 7% | 2,720 | $5,130 | $13,953,489 |
| Government pensions | 7% | 2,640 | $9,705 | $25,620,176 |
| Total Income or Loss | 100% | 36,965 | $51,880 | $1,917,738,596 |
| Deducations | ||||
| Charitable Gifts | 38% | 14,180 | $419 | $5,937,268 |
| Cost of Tax Affairs | 49% | 18,270 | $306 | $5,590,599 |
| Work Car expenses | 26% | 9,470 | $2,628 | $24,888,012 |
| Work Travel expenses | 10% | 3,560 | $1,599 | $5,693,068 |
| Self Education expenses | 5% | 1,950 | $1,734 | $3,381,792 |
| Total Deductions | 82% | 30,590 | $2,776 | $84,926,074 |
| Taxation | ||||
| Taxable Income | 99% | 36,890 | $49,586 | $1,829,217,748 |
| Medicare Levy | 70% | 25,905 | $947 | $24,525,829 |
| Medicare Surcharge | 1% | 345 | $1,127 | $388,835 |
| Gross Tax | 80% | 29,755 | $11,923 | $354,763,823 |
| Net Tax | 73% | 27,025 | $13,355 | $360,929,596 |
| Average Tax | 100% | 37,090 | $9,731 | $360,929,596 |
| Gross Tax Rate | 80% | 29,755 | 24% | $354,763,823 |
| Net Tax Rate | 73% | 27,025 | 27% | $360,929,596 |
| Average Tax Rate | 100% | 37,090 | 20% | $360,929,596 |
| %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 $49,586. It is estimated that the average taxable income for people who paid a net amount of tax was $63306.
The average net tax paid was $13,355. This equates to an average tax of 27 cents in the dollar on taxable income.
The Medicare levy was paid by 25,905 people for an average of $947. 345 people paid $1,127 on average more for the Medicare surcharge.
29,230 people earned a salary or wage and took home an average of $51,367 each.
Government allowance and payments were collected by 2,720 people for on average $5,130. 2,640 people received the pension or other allowance.
Charitable gifts and donations of an average of $419 were made by 14,180 people.
The costs of tax affairs for 18,270 people were claimed for $306 each.