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 | #Ppl | 2320 Avg | 2320 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 16,745 | ||
| Income | ||||
| Salary or Wage | 85% | 14,260 | $61,263 | $873,610,513 |
| Gross Interest | 54% | 9,050 | $1,641 | $14,851,351 |
| Unfranked Dividends | 8% | 1,325 | $595 | $787,717 |
| Franked Dividends | 28% | 4,675 | $4,315 | $20,173,973 |
| Dividend Franking Credit | 28% | 4,655 | $1,857 | $8,644,138 |
| Capital Gains | 4% | 650 | $15,181 | $9,867,609 |
| Termination Payouts | 3% | 465 | $10,167 | $4,727,779 |
| Tips/Directors Fees etc | 23% | 3,770 | $2,549 | $9,610,290 |
| Business Income | 6% | 1,055 | $15,042 | $15,868,880 |
| Foreign Income | 4% | 625 | $1,111 | $694,571 |
| Government payments | 7% | 1,110 | $5,099 | $5,660,283 |
| Government pensions | 5% | 890 | $9,311 | $8,286,578 |
| Total Income or Loss | 100% | 16,705 | $61,550 | $1,028,196,738 |
| Deducations | ||||
| Charitable Gifts | 39% | 6,535 | $320 | $2,092,807 |
| Cost of Tax Affairs | 52% | 8,735 | $963 | $8,415,658 |
| Work Car expenses | 30% | 5,015 | $2,296 | $11,516,455 |
| Work Travel expenses | 8% | 1,285 | $2,245 | $2,885,358 |
| Self Education expenses | 6% | 970 | $1,807 | $1,752,467 |
| Total Deductions | 86% | 14,435 | $3,231 | $46,633,269 |
| Taxation | ||||
| Taxable Income | 99% | 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.