TaxStats for postcode 2305 FY2013

Postcode 2305 includes Kotara East, New Lambton, New Lambton Heights in New South Wales, and is in the federal electorate of Charlton.

In FY 2013 the ATO recorded 7,355 individuals in postcode 2305. Of these people, 7,325 made a taxable income or loss. 6,125 of the population paid a gross amount of tax. After tax offsets, 5,685 people actually paid a net amount of tax. There were 1,640 non-taxable people who paid net tax of $0.

Compare TaxStats of 2305 with NSW

2305 TaxStats FY2013%Ppl#Ppl2305
Total Individuals100%7,355
Salary or Wage 82%6,035$60,438$364,741,430
Gross Interest61%4,475$1,955$8,747,949
Unfranked Dividends12%850$532$452,056
Franked Dividends37%2,690$5,030$13,531,582
Dividend Franking Credit36%2,680$2,163$5,797,303
Capital Gains5%360$11,169$4,020,871
Termination Payouts2%135$9,043$1,220,779
Tips/Directors Fees etc24%1,745$2,540$4,431,605
Business Income8%585$42,857$25,071,508
Foreign Income6%460$607$279,127
Government payments6%445$5,022$2,234,693
Government pensions5%400$9,168$3,667,391
Total Income or Loss100%7,335$63,837$468,244,912
Charitable Gifts42%3,120$454$1,416,540
Cost of Tax Affairs49%3,595$301$1,081,137
Work Car expenses29%2,150$2,319$4,985,104
Work Travel expenses11%780$1,118$872,308
Self Education expenses5%400$1,804$721,791
Total Deductions85%6,230$3,103$19,330,272
Taxable Income100%7,325$61,232$448,523,620
Medicare Levy 75%5,485$1,138$6,242,145
Medicare Surcharge 1%75$1,218$91,348
Gross Tax 83%6,125$16,510$101,122,051
Net Tax 77%5,685$18,319$104,142,355
Average Tax 100%7,355 $14,159$104,142,355
Gross Tax Rate 83%6,125 27%$101,122,051
Net Tax Rate 77%5,685 30%$104,142,355
Average Tax Rate 100%7,355 23%$104,142,355
%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 $61,232. It is estimated that the average taxable income for people who paid a net amount of tax was $75434.

The average net tax paid was $18,319. This equates to an average tax of 30 cents in the dollar on taxable income.

The Medicare levy was paid by 5,485 people for an average of $1,138. 75 people paid $1,218 on average more for the Medicare surcharge.

6,035 people earned a salary or wage and took home an average of $60,438 each.

Government allowance and payments were collected by 445 people for on average $5,022. 400 people received the pension or other allowance.

Charitable gifts and donations of an average of $454 were made by 3,120 people.

The costs of tax affairs for 3,595 people were claimed for $301 each.