TaxStats for postcode 2267 FY2013

Postcode 2267 includes Wangi Wangi in New South Wales, and is in the federal electorate of Charlton.

In FY 2013 the ATO recorded 1,595 individuals in postcode 2267. Of these people, 1,590 made a taxable income or loss. 1,200 of the population paid a gross amount of tax. After tax offsets, 1,045 people actually paid a net amount of tax. There were 545 non-taxable people who paid net tax of $0.

Compare TaxStats of 2267 with NSW

2267 TaxStats FY2013%Ppl#Ppl2267
Avg
2267
Total
Total Individuals100%1,595
Income
Salary or Wage 72%1,155$55,803$64,452,631
Gross Interest55%870$2,671$2,323,575
Unfranked Dividends12%185$641$118,662
Franked Dividends36%570$5,667$3,230,022
Dividend Franking Credit36%570$2,427$1,383,110
Capital Gains4%65$11,039$717,538
Termination Payouts3%40$16,372$654,869
Tips/Directors Fees etc23%360$3,059$1,101,298
Business Income6%95$30,795$2,925,529
Foreign Income5%80$335$26,779
Government payments8%120$5,491$658,901
Government pensions11%175$9,069$1,587,002
Total Income or Loss100%1,595$53,498$85,329,134
Deducations
Charitable Gifts38%600$249$149,592
Cost of Tax Affairs50%805$337$270,976
Work Car expenses24%380$2,424$921,097
Work Travel expenses7%115$2,349$270,089
Self Education expenses5%80$1,497$119,765
Total Deductions82%1,300$2,621$3,407,033
Taxation
Taxable Income100%1,590$51,478$81,850,038
Medicare Levy 63%1,010$1,075$1,085,916
Medicare Surcharge 1%15$1,371$20,569
Gross Tax 75%1,200$14,200$17,040,337
Net Tax 66%1,045$16,288$17,021,109
Average Tax 100%1,595 $10,672$17,021,109
Gross Tax Rate 75%1,200 28%$17,040,337
Net Tax Rate 66%1,045 32%$17,021,109
Average Tax Rate 100%1,595 21%$17,021,109
%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 $51,478. It is estimated that the average taxable income for people who paid a net amount of tax was $72067.

The average net tax paid was $16,288. This equates to an average tax of 32 cents in the dollar on taxable income.

The Medicare levy was paid by 1,010 people for an average of $1,075. 15 people paid $1,371 on average more for the Medicare surcharge.

1,155 people earned a salary or wage and took home an average of $55,803 each.

Government allowance and payments were collected by 120 people for on average $5,491. 175 people received the pension or other allowance.

Charitable gifts and donations of an average of $249 were made by 600 people.

The costs of tax affairs for 805 people were claimed for $337 each.