TaxStats for postcode 2290 FY2013

Postcode 2290 includes Bennetts Green, Charlestown, Dudley, Gateshead, Hillsborough, Kahibah, Mount Hutton, Redhead, Tingira Heights, Whitebridge in New South Wales, and is in the federal electorate of Shortland.

In FY 2013 the ATO recorded 18,595 individuals in postcode 2290. Of these people, 18,535 made a taxable income or loss. 15,035 of the population paid a gross amount of tax. After tax offsets, 13,870 people actually paid a net amount of tax. There were 4,665 non-taxable people who paid net tax of $0.

Compare TaxStats of 2290 with NSW

2290 TaxStats FY2013%Ppl#Ppl2290
Total Individuals100%18,595
Salary or Wage 81%15,135$55,077$833,586,358
Gross Interest57%10,530$1,898$19,991,164
Unfranked Dividends9%1,760$554$975,768
Franked Dividends33%6,100$4,577$27,921,406
Dividend Franking Credit33%6,075$1,969$11,962,905
Capital Gains4%750$15,752$11,813,730
Termination Payouts2%385$11,828$4,553,967
Tips/Directors Fees etc23%4,325$2,341$10,123,197
Business Income7%1,315$29,074$38,231,745
Foreign Income5%870$878$763,982
Government payments7%1,280$5,018$6,423,076
Government pensions6%1,125$9,749$10,967,841
Total Income or Loss100%18,560$56,529$1,049,170,301
Charitable Gifts40%7,410$312$2,312,264
Cost of Tax Affairs48%8,990$273$2,449,955
Work Car expenses30%5,625$2,347$13,203,785
Work Travel expenses9%1,695$1,226$2,078,385
Self Education expenses6%1,055$1,690$1,782,543
Total Deductions84%15,625$2,796$43,680,918
Taxable Income100%18,535$54,202$1,004,637,793
Medicare Levy 72%13,460$1,025$13,789,876
Medicare Surcharge 1%190$1,104$209,716
Gross Tax 81%15,035$13,815$207,710,508
Net Tax 75%13,870$15,364$213,098,564
Average Tax 100%18,595 $11,460$213,098,564
Gross Tax Rate 81%15,035 25%$207,710,508
Net Tax Rate 75%13,870 28%$213,098,564
Average Tax Rate 100%18,595 21%$213,098,564
%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 $54,202. It is estimated that the average taxable income for people who paid a net amount of tax was $68396.

The average net tax paid was $15,364. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 13,460 people for an average of $1,025. 190 people paid $1,104 on average more for the Medicare surcharge.

15,135 people earned a salary or wage and took home an average of $55,077 each.

Government allowance and payments were collected by 1,280 people for on average $5,018. 1,125 people received the pension or other allowance.

Charitable gifts and donations of an average of $312 were made by 7,410 people.

The costs of tax affairs for 8,990 people were claimed for $273 each.