TaxStats for postcode 2323 FY2013

Postcode 2323 includes Ashtonfield, Brunkerville, Brunkerville, Buchanan, Buttai, East Maitland, Freemans Waterhole, Freemans Waterhole, Green Hills, Metford, Metford Dc, Mount Vincent, Mount Vincent, Mulbring, Pitnacree, Richmond Vale, Tenambit in New South Wales, and is in the federal electorate of Hunter.

In FY 2013 the ATO recorded 13,655 individuals in postcode 2323. Of these people, 13,595 made a taxable income or loss. 11,125 of the population paid a gross amount of tax. After tax offsets, 10,300 people actually paid a net amount of tax. There were 3,295 non-taxable people who paid net tax of $0.

Compare TaxStats of 2323 with NSW

2323 TaxStats FY2013%Ppl#Ppl2323
Total Individuals100%13,655
Salary or Wage 84%11,490$56,272$646,564,730
Gross Interest57%7,760$1,410$10,942,510
Unfranked Dividends8%1,155$401$463,508
Franked Dividends30%4,030$4,080$16,442,526
Dividend Franking Credit29%4,015$1,755$7,047,792
Capital Gains4%510$8,188$4,175,763
Termination Payouts2%335$11,454$3,837,238
Tips/Directors Fees etc24%3,270$2,199$7,191,114
Business Income6%860$21,796$18,744,805
Foreign Income5%625$828$517,771
Government payments7%965$4,774$4,606,897
Government pensions6%850$9,426$8,012,152
Total Income or Loss100%13,625$56,140$764,911,321
Charitable Gifts41%5,560$304$1,691,175
Cost of Tax Affairs49%6,680$237$1,582,646
Work Car expenses30%4,105$2,146$8,809,735
Work Travel expenses8%1,045$1,864$1,947,534
Self Education expenses6%835$1,645$1,373,441
Total Deductions85%11,605$2,527$29,324,769
Taxable Income100%13,595$53,967$733,678,390
Medicare Levy 72%9,885$1,006$9,947,969
Medicare Surcharge 1%160$1,080$172,860
Gross Tax 81%11,125$13,394$149,009,183
Net Tax 75%10,300$14,835$152,798,845
Average Tax 100%13,655 $11,190$152,798,845
Gross Tax Rate 81%11,125 25%$149,009,183
Net Tax Rate 75%10,300 27%$152,798,845
Average Tax Rate 100%13,655 21%$152,798,845
%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 $53,967. It is estimated that the average taxable income for people who paid a net amount of tax was $67392.

The average net tax paid was $14,835. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 9,885 people for an average of $1,006. 160 people paid $1,080 on average more for the Medicare surcharge.

11,490 people earned a salary or wage and took home an average of $56,272 each.

Government allowance and payments were collected by 965 people for on average $4,774. 850 people received the pension or other allowance.

Charitable gifts and donations of an average of $304 were made by 5,560 people.

The costs of tax affairs for 6,680 people were claimed for $237 each.