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 | #Ppl | 2290 Avg | 2290 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 18,595 | ||
| Income | ||||
| Salary or Wage | 81% | 15,135 | $55,077 | $833,586,358 |
| Gross Interest | 57% | 10,530 | $1,898 | $19,991,164 |
| Unfranked Dividends | 9% | 1,760 | $554 | $975,768 |
| Franked Dividends | 33% | 6,100 | $4,577 | $27,921,406 |
| Dividend Franking Credit | 33% | 6,075 | $1,969 | $11,962,905 |
| Capital Gains | 4% | 750 | $15,752 | $11,813,730 |
| Termination Payouts | 2% | 385 | $11,828 | $4,553,967 |
| Tips/Directors Fees etc | 23% | 4,325 | $2,341 | $10,123,197 |
| Business Income | 7% | 1,315 | $29,074 | $38,231,745 |
| Foreign Income | 5% | 870 | $878 | $763,982 |
| Government payments | 7% | 1,280 | $5,018 | $6,423,076 |
| Government pensions | 6% | 1,125 | $9,749 | $10,967,841 |
| Total Income or Loss | 100% | 18,560 | $56,529 | $1,049,170,301 |
| Deducations | ||||
| Charitable Gifts | 40% | 7,410 | $312 | $2,312,264 |
| Cost of Tax Affairs | 48% | 8,990 | $273 | $2,449,955 |
| Work Car expenses | 30% | 5,625 | $2,347 | $13,203,785 |
| Work Travel expenses | 9% | 1,695 | $1,226 | $2,078,385 |
| Self Education expenses | 6% | 1,055 | $1,690 | $1,782,543 |
| Total Deductions | 84% | 15,625 | $2,796 | $43,680,918 |
| Taxation | ||||
| Taxable Income | 100% | 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.