TaxStats for postcode 2325 FY2013

Postcode 2325 includes Aberdare, Abernethy, Bellbird, Bellbird Heights, Cedar Creek, Cessnock, Cessnock West, Congewai, Corrabare, Ellalong, Elrington, Greta Main, Kearsley, Kitchener, Laguna, Lovedale, Lovedale, Millfield, Mootai, Moruben, Mount View, Narone Creek, Nulkaba, Olney, Paxton, Paynes Crossing, Paynes Crossing, Pelton, Quorrobolong, Sweetmans Creek, Watagan, Wollombi, Yallambie in New South Wales, and is in the federal electorate of Hunter.

In FY 2013 the ATO recorded 12,375 individuals in postcode 2325. Of these people, 12,320 made a taxable income or loss. 9,990 of the population paid a gross amount of tax. After tax offsets, 9,085 people actually paid a net amount of tax. There were 3,235 non-taxable people who paid net tax of $0.

Compare TaxStats of 2325 with NSW

2325 TaxStats FY2013%Ppl#Ppl2325
Total Individuals100%12,375
Salary or Wage 85%10,505$54,688$574,501,704
Gross Interest50%6,220$1,497$9,313,154
Unfranked Dividends6%695$801$556,444
Franked Dividends23%2,835$4,471$12,675,261
Dividend Franking Credit23%2,830$1,919$5,430,426
Capital Gains3%345$11,893$4,102,988
Termination Payouts3%415$9,899$4,108,167
Tips/Directors Fees etc23%2,880$2,543$7,323,748
Business Income7%840$10,707$8,993,655
Foreign Income3%335$686$229,859
Government payments10%1,190$5,444$6,478,336
Government pensions7%840$9,338$7,843,796
Total Income or Loss100%12,350$54,469$672,691,393
Charitable Gifts38%4,730$226$1,070,532
Cost of Tax Affairs55%6,775$253$1,711,151
Work Car expenses33%4,105$2,203$9,043,985
Work Travel expenses6%785$2,426$1,904,292
Self Education expenses5%645$1,841$1,187,577
Total Deductions86%10,620$2,496$26,511,689
Taxable Income100%12,320$52,373$645,239,579
Medicare Levy 70%8,690$1,001$8,701,362
Medicare Surcharge 1%165$1,119$184,634
Gross Tax 81%9,990$13,037$130,238,691
Net Tax 73%9,085$14,642$133,021,021
Average Tax 100%12,375 $10,749$133,021,021
Gross Tax Rate 81%9,990 25%$130,238,691
Net Tax Rate 73%9,085 28%$133,021,021
Average Tax Rate 100%12,375 21%$133,021,021
%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 $52,373. It is estimated that the average taxable income for people who paid a net amount of tax was $66750.

The average net tax paid was $14,642. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 8,690 people for an average of $1,001. 165 people paid $1,119 on average more for the Medicare surcharge.

10,505 people earned a salary or wage and took home an average of $54,688 each.

Government allowance and payments were collected by 1,190 people for on average $5,444. 840 people received the pension or other allowance.

Charitable gifts and donations of an average of $226 were made by 4,730 people.

The costs of tax affairs for 6,775 people were claimed for $253 each.