TaxStats for postcode 2293 FY2013

Postcode 2293 includes Maryville, Wickham in New South Wales, and is in the federal electorate of Newcastle.

In FY 2013 the ATO recorded 1,565 individuals in postcode 2293. Of these people, 1,560 made a taxable income or loss. 1,355 of the population paid a gross amount of tax. After tax offsets, 1,255 people actually paid a net amount of tax. There were 305 non-taxable people who paid net tax of $0.

Compare TaxStats of 2293 with NSW

2293 TaxStats FY2013%Ppl#Ppl2293
Avg
2293
Total
Total Individuals100%1,565
Income
Salary or Wage 85%1,325$56,438$74,780,061
Gross Interest56%870$1,382$1,201,968
Unfranked Dividends7%105$569$59,745
Franked Dividends25%390$5,975$2,330,267
Dividend Franking Credit25%385$2,592$997,823
Capital Gains4%60$17,405$1,044,297
Termination Payouts2%25$16,006$400,144
Tips/Directors Fees etc24%380$2,458$933,990
Business Income8%125$37,182$4,647,794
Foreign Income4%55$801$44,047
Government payments10%155$6,295$975,672
Government pensions4%70$8,769$613,853
Total Income or Loss100%1,565$59,285$92,781,454
Deducations
Charitable Gifts40%630$330$207,605
Cost of Tax Affairs49%770$286$220,056
Work Car expenses30%475$2,537$1,205,158
Work Travel expenses11%175$1,082$189,370
Self Education expenses7%115$1,746$200,812
Total Deductions84%1,315$3,114$4,095,075
Taxation
Taxable Income100%1,560$56,762$88,548,574
Medicare Levy 76%1,195$1,006$1,202,097
Medicare Surcharge 2%30$1,344$40,314
Gross Tax 87%1,355$13,473$18,255,470
Net Tax 80%1,255$14,997$18,821,640
Average Tax 100%1,565 $12,027$18,821,640
Gross Tax Rate 87%1,355 24%$18,255,470
Net Tax Rate 80%1,255 26%$18,821,640
Average Tax Rate 100%1,565 21%$18,821,640
%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 $56,762. It is estimated that the average taxable income for people who paid a net amount of tax was $67640.

The average net tax paid was $14,997. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 1,195 people for an average of $1,006. 30 people paid $1,344 on average more for the Medicare surcharge.

1,325 people earned a salary or wage and took home an average of $56,438 each.

Government allowance and payments were collected by 155 people for on average $6,295. 70 people received the pension or other allowance.

Charitable gifts and donations of an average of $330 were made by 630 people.

The costs of tax affairs for 770 people were claimed for $286 each.