TaxStats for postcode 2278 FY2013

Postcode 2278 includes Barnsley, Barnsley, Killingworth, Killingworth, Wakefield, Wakefield in New South Wales, and is in the federal electorate of Charlton.

In FY 2013 the ATO recorded 1,465 individuals in postcode 2278. Of these people, 1,465 made a taxable income or loss. 1,255 of the population paid a gross amount of tax. After tax offsets, 1,185 people actually paid a net amount of tax. There were 280 non-taxable people who paid net tax of $0.

Compare TaxStats of 2278 with NSW

2278 TaxStats FY2013%Ppl#Ppl2278
Avg
2278
Total
Total Individuals100%1,465
Income
Salary or Wage 89%1,310$51,783$67,836,257
Gross Interest52%755$914$690,270
Unfranked Dividends8%115$129$14,858
Franked Dividends26%375$2,488$933,099
Dividend Franking Credit25%370$1,080$399,541
Capital Gains2%25$6,378$159,445
Termination Payouts3%40$6,868$274,731
Tips/Directors Fees etc29%425$1,814$770,898
Business Income7%105$20,309$2,132,483
Foreign Income2%30$377$11,318
Government payments6%90$4,717$424,571
Government pensions3%50$8,875$443,754
Total Income or Loss100%1,465$52,572$77,017,788
Deducations
Charitable Gifts46%675$187$126,309
Cost of Tax Affairs55%800$192$153,232
Work Car expenses34%500$2,270$1,134,980
Work Travel expenses7%105$1,993$209,279
Self Education expenses5%80$1,328$106,245
Total Deductions90%1,315$2,310$3,038,150
Taxation
Taxable Income100%1,465$50,435$73,887,586
Medicare Levy 79%1,155$890$1,028,206
Medicare Surcharge 1%10$434$4,341
Gross Tax 86%1,255$10,844$13,609,715
Net Tax 81%1,185$11,903$14,105,166
Average Tax 100%1,465 $9,628$14,105,166
Gross Tax Rate 86%1,255 22%$13,609,715
Net Tax Rate 81%1,185 24%$14,105,166
Average Tax Rate 100%1,465 19%$14,105,166
%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 $50,435. It is estimated that the average taxable income for people who paid a net amount of tax was $59517.

The average net tax paid was $11,903. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 1,155 people for an average of $890. 10 people paid $434 on average more for the Medicare surcharge.

1,310 people earned a salary or wage and took home an average of $51,783 each.

Government allowance and payments were collected by 90 people for on average $4,717. 50 people received the pension or other allowance.

Charitable gifts and donations of an average of $187 were made by 675 people.

The costs of tax affairs for 800 people were claimed for $192 each.