TaxStats for postcode 2264 FY2013
Postcode 2264 includes Balcolyn, Bonnells Bay, Brightwaters, Dora Creek, Eraring, Mandalong, Mirrabooka, Morisset, Morisset Park, Myuna Bay, Silverwater, Sunshine, Windermere Park, Yarrawonga Park in New South Wales, and is in the federal electorate of Charlton.
In FY 2013 the ATO recorded 6,770 individuals in postcode 2264. Of these people, 6,745 made a taxable income or loss. 5,260 of the population paid a gross amount of tax. After tax offsets, 4,660 people actually paid a net amount of tax. There were 2,085 non-taxable people who paid net tax of $0.
Compare TaxStats of 2264 with NSW
| 2264 TaxStats FY2013 | %Ppl | #Ppl | 2264 Avg | 2264 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 6,770 | ||
| Income | ||||
| Salary or Wage | 74% | 5,025 | $51,013 | $256,338,297 |
| Gross Interest | 55% | 3,750 | $2,432 | $9,120,736 |
| Unfranked Dividends | 8% | 570 | $738 | $420,592 |
| Franked Dividends | 30% | 2,060 | $3,956 | $8,149,360 |
| Dividend Franking Credit | 31% | 2,065 | $1,689 | $3,487,739 |
| Capital Gains | 4% | 280 | $17,304 | $4,845,185 |
| Termination Payouts | 2% | 130 | $7,953 | $1,033,900 |
| Tips/Directors Fees etc | 24% | 1,610 | $2,627 | $4,229,363 |
| Business Income | 8% | 520 | $16,799 | $8,735,405 |
| Foreign Income | 5% | 315 | $1,018 | $320,795 |
| Government payments | 8% | 540 | $5,640 | $3,045,700 |
| Government pensions | 9% | 620 | $9,345 | $5,794,057 |
| Total Income or Loss | 100% | 6,755 | $48,900 | $330,320,126 |
| Deducations | ||||
| Charitable Gifts | 35% | 2,375 | $379 | $900,352 |
| Cost of Tax Affairs | 47% | 3,205 | $307 | $984,264 |
| Work Car expenses | 25% | 1,715 | $2,427 | $4,162,382 |
| Work Travel expenses | 8% | 530 | $2,141 | $1,134,797 |
| Self Education expenses | 5% | 310 | $1,717 | $532,135 |
| Total Deductions | 80% | 5,395 | $2,592 | $13,981,173 |
| Taxation | ||||
| Taxable Income | 100% | 6,745 | $46,864 | $316,096,775 |
| Medicare Levy | 66% | 4,450 | $937 | $4,168,776 |
| Medicare Surcharge | 1% | 70 | $1,284 | $89,902 |
| Gross Tax | 78% | 5,260 | $11,250 | $59,177,165 |
| Net Tax | 69% | 4,660 | $12,906 | $60,141,665 |
| Average Tax | 100% | 6,770 | $8,884 | $60,141,665 |
| Gross Tax Rate | 78% | 5,260 | 24% | $59,177,165 |
| Net Tax Rate | 69% | 4,660 | 28% | $60,141,665 |
| Average Tax Rate | 100% | 6,770 | 19% | $60,141,665 |
| %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 $46,864. It is estimated that the average taxable income for people who paid a net amount of tax was $62463.
The average net tax paid was $12,906. This equates to an average tax of 28 cents in the dollar on taxable income.
The Medicare levy was paid by 4,450 people for an average of $937. 70 people paid $1,284 on average more for the Medicare surcharge.
5,025 people earned a salary or wage and took home an average of $51,013 each.
Government allowance and payments were collected by 540 people for on average $5,640. 620 people received the pension or other allowance.
Charitable gifts and donations of an average of $379 were made by 2,375 people.
The costs of tax affairs for 3,205 people were claimed for $307 each.