TaxStats for postcode 2311 FY2013

Postcode 2311 includes Allynbrook, Allynbrook, Bingleburra, Bingleburra, Bonnington Park, Bonnington Park, Carrabolla, East Gresford, East Gresford, Eccleston, Eccleston, Gresford, Gresford, Halton, Halton, Lewinsbrook, Lewinsbrook, Lostock, Lostock, Mount Rivers, Mount Rivers, Upper Allyn in New South Wales, and is in the federal electorate of Paterson.

In FY 2013 the ATO recorded 495 individuals in postcode 2311. Of these people, 485 made a taxable income or loss. 340 of the population paid a gross amount of tax. After tax offsets, 305 people actually paid a net amount of tax. There were 180 non-taxable people who paid net tax of $0.

Compare TaxStats of 2311 with NSW

2311 TaxStats FY2013%Ppl#Ppl2311
Avg
2311
Total
Total Individuals100%495
Income
Salary or Wage 68%335$50,211$16,820,602
Gross Interest66%325$3,139$1,020,169
Unfranked Dividends14%70$1,185$82,981
Franked Dividends39%195$2,053$400,250
Dividend Franking Credit39%195$879$171,474
Capital Gains5%25$4,069$101,723
Termination Payouts2%10$2,794$27,941
Tips/Directors Fees etc18%90$4,183$376,508
Business Income20%100$-2,084$-208,361
Foreign Income6%30$1,828$54,825
Government payments5%25$5,660$141,511
Government pensions6%30$9,971$299,135
Total Income or Loss99%490$43,610$21,368,832
Deducations
Charitable Gifts27%135$412$55,561
Cost of Tax Affairs44%220$328$72,252
Work Car expenses19%95$3,087$293,220
Work Travel expenses5%25$4,599$114,980
Self Education expenses3%15$1,717$25,753
Total Deductions76%375$2,843$1,066,189
Taxation
Taxable Income98%485$41,529$20,141,674
Medicare Levy 60%295$902$266,012
Medicare Surcharge 1%5$1,035$5,174
Gross Tax 69%340$10,919$3,712,605
Net Tax 62%305$12,110$3,693,555
Average Tax 100%495 $7,462$3,693,555
Gross Tax Rate 69%340 26%$3,712,605
Net Tax Rate 62%305 29%$3,693,555
Average Tax Rate 100%495 18%$3,693,555
%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 $41,529. It is estimated that the average taxable income for people who paid a net amount of tax was $58956.

The average net tax paid was $12,110. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 295 people for an average of $902. 5 people paid $1,035 on average more for the Medicare surcharge.

335 people earned a salary or wage and took home an average of $50,211 each.

Government allowance and payments were collected by 25 people for on average $5,660. 30 people received the pension or other allowance.

Charitable gifts and donations of an average of $412 were made by 135 people.

The costs of tax affairs for 220 people were claimed for $328 each.