TaxStats for postcode 2284 FY2013

Postcode 2284 includes Argenton, Argenton, Boolaroo, Boolaroo, Booragul, Booragul, Marmong Point, Marmong Point, Speers Point, Speers Point, Teralba, Teralba, Woodrising, Woodrising in New South Wales, and is in the federal electorate of Charlton.

In FY 2013 the ATO recorded 5,565 individuals in postcode 2284. Of these people, 5,550 made a taxable income or loss. 4,495 of the population paid a gross amount of tax. After tax offsets, 4,110 people actually paid a net amount of tax. There were 1,440 non-taxable people who paid net tax of $0.

Compare TaxStats of 2284 with NSW

2284 TaxStats FY2013%Ppl#Ppl2284
Avg
2284
Total
Total Individuals100%5,565
Income
Salary or Wage 83%4,595$52,196$239,838,986
Gross Interest52%2,870$1,490$4,276,716
Unfranked Dividends7%400$302$120,643
Franked Dividends28%1,545$3,442$5,317,184
Dividend Franking Credit28%1,540$1,479$2,277,361
Capital Gains4%205$11,716$2,401,738
Termination Payouts2%110$6,442$708,612
Tips/Directors Fees etc25%1,410$2,319$3,270,096
Business Income6%345$17,032$5,875,920
Foreign Income3%190$648$123,055
Government payments8%460$4,884$2,246,786
Government pensions7%410$9,749$3,997,271
Total Income or Loss100%5,555$51,673$287,042,068
Deducations
Charitable Gifts39%2,180$265$576,647
Cost of Tax Affairs49%2,730$265$723,255
Work Car expenses30%1,655$2,408$3,985,881
Work Travel expenses9%495$1,692$837,494
Self Education expenses5%285$1,679$478,373
Total Deductions85%4,705$2,590$12,188,100
Taxation
Taxable Income100%5,550$49,488$274,655,788
Medicare Levy 72%3,985$930$3,707,127
Medicare Surcharge 1%50$1,036$51,804
Gross Tax 81%4,495$11,686$52,529,440
Net Tax 74%4,110$13,038$53,584,810
Average Tax 100%5,565 $9,629$53,584,810
Gross Tax Rate 81%4,495 24%$52,529,440
Net Tax Rate 74%4,110 26%$53,584,810
Average Tax Rate 100%5,565 19%$53,584,810
%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 $49,488. It is estimated that the average taxable income for people who paid a net amount of tax was $62622.

The average net tax paid was $13,038. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 3,985 people for an average of $930. 50 people paid $1,036 on average more for the Medicare surcharge.

4,595 people earned a salary or wage and took home an average of $52,196 each.

Government allowance and payments were collected by 460 people for on average $4,884. 410 people received the pension or other allowance.

Charitable gifts and donations of an average of $265 were made by 2,180 people.

The costs of tax affairs for 2,730 people were claimed for $265 each.