TaxStats for postcode 2320 FY2013

Postcode 2320 includes Aberglasslyn, Aberglasslyn, Allandale, Allandale, Anambah, Anambah, Bolwarra, Bolwarra, Bolwarra Heights, Bolwarra Heights, Farley, Glen Oak, Glen Oak, Gosforth, Gosforth, Hillsborough, Horseshoe Bend, Keinbah, Keinbah, Largs, Largs, Lorn, Louth Park, Maitland, Maitland North, Maitland Vale, Maitland Vale, Melville, Mindaribba, Mindaribba, Mount Dee, Oakhampton, Oakhampton, Oakhampton Heights, Oakhampton Heights, Pokolbin, Pokolbin, Rosebrook, Rosebrook, Rothbury, Rothbury, Rutherford, Rutherford, South Maitland, Telarah, Wallalong, Wallalong, Windella, Windella in New South Wales, and is in the federal electorate of Hunter.

In FY 2013 the ATO recorded 16,745 individuals in postcode 2320. Of these people, 16,660 made a taxable income or loss. 13,655 of the population paid a gross amount of tax. After tax offsets, 12,735 people actually paid a net amount of tax. There were 3,925 non-taxable people who paid net tax of $0.

Compare TaxStats of 2320 with NSW

2320 TaxStats FY2013%Ppl#Ppl2320
Total Individuals100%16,745
Salary or Wage 85%14,260$61,263$873,610,513
Gross Interest54%9,050$1,641$14,851,351
Unfranked Dividends8%1,325$595$787,717
Franked Dividends28%4,675$4,315$20,173,973
Dividend Franking Credit28%4,655$1,857$8,644,138
Capital Gains4%650$15,181$9,867,609
Termination Payouts3%465$10,167$4,727,779
Tips/Directors Fees etc23%3,770$2,549$9,610,290
Business Income6%1,055$15,042$15,868,880
Foreign Income4%625$1,111$694,571
Government payments7%1,110$5,099$5,660,283
Government pensions5%890$9,311$8,286,578
Total Income or Loss100%16,705$61,550$1,028,196,738
Charitable Gifts39%6,535$320$2,092,807
Cost of Tax Affairs52%8,735$963$8,415,658
Work Car expenses30%5,015$2,296$11,516,455
Work Travel expenses8%1,285$2,245$2,885,358
Self Education expenses6%970$1,807$1,752,467
Total Deductions86%14,435$3,231$46,633,269
Taxable Income99%16,660$58,835$980,190,209
Medicare Levy 73%12,290$1,110$13,636,929
Medicare Surcharge 1%245$1,113$272,657
Gross Tax 82%13,655$15,749$215,056,190
Net Tax 76%12,735$17,369$221,189,077
Average Tax 100%16,745 $13,209$221,189,077
Gross Tax Rate 82%13,655 27%$215,056,190
Net Tax Rate 76%12,735 30%$221,189,077
Average Tax Rate 100%16,745 22%$221,189,077
%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 $58,835. It is estimated that the average taxable income for people who paid a net amount of tax was $73270.

The average net tax paid was $17,369. This equates to an average tax of 30 cents in the dollar on taxable income.

The Medicare levy was paid by 12,290 people for an average of $1,110. 245 people paid $1,113 on average more for the Medicare surcharge.

14,260 people earned a salary or wage and took home an average of $61,263 each.

Government allowance and payments were collected by 1,110 people for on average $5,099. 890 people received the pension or other allowance.

Charitable gifts and donations of an average of $320 were made by 6,535 people.

The costs of tax affairs for 8,735 people were claimed for $963 each.