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#Ppl2264
Total Individuals100%6,770
Salary or Wage 74%5,025$51,013$256,338,297
Gross Interest55%3,750$2,432$9,120,736
Unfranked Dividends8%570$738$420,592
Franked Dividends30%2,060$3,956$8,149,360
Dividend Franking Credit31%2,065$1,689$3,487,739
Capital Gains4%280$17,304$4,845,185
Termination Payouts2%130$7,953$1,033,900
Tips/Directors Fees etc24%1,610$2,627$4,229,363
Business Income8%520$16,799$8,735,405
Foreign Income5%315$1,018$320,795
Government payments8%540$5,640$3,045,700
Government pensions9%620$9,345$5,794,057
Total Income or Loss100%6,755$48,900$330,320,126
Charitable Gifts35%2,375$379$900,352
Cost of Tax Affairs47%3,205$307$984,264
Work Car expenses25%1,715$2,427$4,162,382
Work Travel expenses8%530$2,141$1,134,797
Self Education expenses5%310$1,717$532,135
Total Deductions80%5,395$2,592$13,981,173
Taxable Income100%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.