TaxStats for postcode 2265 FY2013

Postcode 2265 includes Cooranbong, Cooranbong, Martinsville, Martinsville in New South Wales, and is in the federal electorate of Charlton.

In FY 2013 the ATO recorded 2,765 individuals in postcode 2265. Of these people, 2,750 made a taxable income or loss. 2,110 of the population paid a gross amount of tax. After tax offsets, 1,900 people actually paid a net amount of tax. There were 850 non-taxable people who paid net tax of $0.

Compare TaxStats of 2265 with NSW

2265 TaxStats FY2013%Ppl#Ppl2265
Total Individuals100%2,765
Salary or Wage 81%2,250$48,879$109,977,710
Gross Interest56%1,555$1,706$2,652,288
Unfranked Dividends6%155$733$113,677
Franked Dividends25%680$4,115$2,797,911
Dividend Franking Credit24%675$1,774$1,197,679
Capital Gains3%80$12,608$1,008,665
Termination Payouts1%35$9,511$332,888
Tips/Directors Fees etc25%700$2,676$1,873,235
Business Income8%235$14,372$3,377,307
Foreign Income3%95$1,077$102,288
Government payments10%290$5,962$1,728,938
Government pensions7%205$8,184$1,677,707
Total Income or Loss100%2,755$49,396$136,087,354
Charitable Gifts35%970$565$548,166
Cost of Tax Affairs47%1,300$312$405,029
Work Car expenses24%670$2,571$1,722,390
Work Travel expenses8%215$2,043$439,186
Self Education expenses6%155$2,216$343,548
Total Deductions78%2,170$2,824$6,128,124
Taxable Income99%2,750$47,228$129,876,395
Medicare Levy 66%1,825$941$1,716,730
Medicare Surcharge 1%30$1,256$37,687
Gross Tax 76%2,110$11,578$24,429,847
Net Tax 69%1,900$13,124$24,934,673
Average Tax 100%2,765 $9,018$24,934,673
Gross Tax Rate 76%2,110 25%$24,429,847
Net Tax Rate 69%1,900 28%$24,934,673
Average Tax Rate 100%2,765 19%$24,934,673
%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 $47,228. It is estimated that the average taxable income for people who paid a net amount of tax was $62988.

The average net tax paid was $13,124. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 1,825 people for an average of $941. 30 people paid $1,256 on average more for the Medicare surcharge.

2,250 people earned a salary or wage and took home an average of $48,879 each.

Government allowance and payments were collected by 290 people for on average $5,962. 205 people received the pension or other allowance.

Charitable gifts and donations of an average of $565 were made by 970 people.

The costs of tax affairs for 1,300 people were claimed for $312 each.