TaxStats for postcode 2299 FY2013

Postcode 2299 includes Jesmond, Jesmond, Lambton, Lambton, North Lambton, North Lambton in New South Wales, and is in the federal electorate of Charlton.

In FY 2013 the ATO recorded 5,510 individuals in postcode 2299. Of these people, 5,495 made a taxable income or loss. 4,370 of the population paid a gross amount of tax. After tax offsets, 4,025 people actually paid a net amount of tax. There were 1,470 non-taxable people who paid net tax of $0.

Compare TaxStats of 2299 with NSW

2299 TaxStats FY2013%Ppl#Ppl2299
Total Individuals100%5,510
Salary or Wage 85%4,690$50,780$238,156,802
Gross Interest57%3,130$1,443$4,517,236
Unfranked Dividends8%455$391$178,005
Franked Dividends28%1,570$2,920$4,584,652
Dividend Franking Credit28%1,565$1,255$1,964,285
Capital Gains4%200$8,802$1,760,324
Termination Payouts2%85$6,141$521,993
Tips/Directors Fees etc25%1,365$1,940$2,648,413
Business Income7%375$24,539$9,201,995
Foreign Income5%255$450$114,726
Government payments11%625$5,972$3,732,570
Government pensions5%300$9,605$2,881,369
Total Income or Loss100%5,495$51,647$283,797,712
Charitable Gifts40%2,195$337$740,365
Cost of Tax Affairs45%2,475$249$616,368
Work Car expenses27%1,510$2,221$3,353,149
Work Travel expenses9%505$1,650$833,111
Self Education expenses6%355$1,617$574,103
Total Deductions82%4,520$2,496$11,280,222
Taxable Income100%5,495$49,580$272,443,835
Medicare Levy 70%3,830$948$3,631,425
Medicare Surcharge 1%70$1,302$91,164
Gross Tax 79%4,370$11,950$52,222,865
Net Tax 73%4,025$13,329$53,647,764
Average Tax 100%5,510 $9,736$53,647,764
Gross Tax Rate 79%4,370 24%$52,222,865
Net Tax Rate 73%4,025 27%$53,647,764
Average Tax Rate 100%5,510 20%$53,647,764
%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 $49,580. It is estimated that the average taxable income for people who paid a net amount of tax was $63305.

The average net tax paid was $13,329. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 3,830 people for an average of $948. 70 people paid $1,302 on average more for the Medicare surcharge.

4,690 people earned a salary or wage and took home an average of $50,780 each.

Government allowance and payments were collected by 625 people for on average $5,972. 300 people received the pension or other allowance.

Charitable gifts and donations of an average of $337 were made by 2,195 people.

The costs of tax affairs for 2,475 people were claimed for $249 each.