TaxStats for postcode 2286 FY2013

Postcode 2286 includes Holmesville, Holmesville, Seahampton, Seahampton, West Wallsend, West Wallsend in New South Wales, and is in the federal electorate of Charlton.

In FY 2013 the ATO recorded 1,920 individuals in postcode 2286. Of these people, 1,915 made a taxable income or loss. 1,575 of the population paid a gross amount of tax. After tax offsets, 1,460 people actually paid a net amount of tax. There were 455 non-taxable people who paid net tax of $0.

Compare TaxStats of 2286 with NSW

2286 TaxStats FY2013%Ppl#Ppl2286
Total Individuals100%1,920
Salary or Wage 86%1,655$51,535$85,290,572
Gross Interest50%965$987$952,443
Unfranked Dividends8%160$413$66,100
Franked Dividends26%490$2,332$1,142,710
Dividend Franking Credit26%490$999$489,515
Capital Gains2%45$8,495$382,274
Termination Payouts3%55$7,033$386,815
Tips/Directors Fees etc27%520$1,485$771,996
Business Income5%95$20,046$1,904,358
Foreign Income2%45$226$10,167
Government payments7%140$4,982$697,481
Government pensions6%115$9,943$1,143,419
Total Income or Loss100%1,920$50,495$96,949,625
Charitable Gifts48%915$170$155,987
Cost of Tax Affairs53%1,020$174$177,592
Work Car expenses32%610$2,177$1,327,928
Work Travel expenses8%160$2,800$448,047
Self Education expenses5%90$1,408$126,743
Total Deductions88%1,685$2,395$4,036,044
Taxable Income100%1,915$48,500$92,877,886
Medicare Levy 73%1,405$899$1,263,179
Medicare Surcharge 2%35$968$33,891
Gross Tax 82%1,575$10,796$17,004,260
Net Tax 76%1,460$12,009$17,532,794
Average Tax 100%1,920 $9,132$17,532,794
Gross Tax Rate 82%1,575 22%$17,004,260
Net Tax Rate 76%1,460 25%$17,532,794
Average Tax Rate 100%1,920 19%$17,532,794
%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 $48,500. It is estimated that the average taxable income for people who paid a net amount of tax was $59875.

The average net tax paid was $12,009. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 1,405 people for an average of $899. 35 people paid $968 on average more for the Medicare surcharge.

1,655 people earned a salary or wage and took home an average of $51,535 each.

Government allowance and payments were collected by 140 people for on average $4,982. 115 people received the pension or other allowance.

Charitable gifts and donations of an average of $170 were made by 915 people.

The costs of tax affairs for 1,020 people were claimed for $174 each.