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 | #Ppl | 2325 Avg | 2325 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 12,375 | ||
| Income | ||||
| Salary or Wage | 85% | 10,505 | $54,688 | $574,501,704 |
| Gross Interest | 50% | 6,220 | $1,497 | $9,313,154 |
| Unfranked Dividends | 6% | 695 | $801 | $556,444 |
| Franked Dividends | 23% | 2,835 | $4,471 | $12,675,261 |
| Dividend Franking Credit | 23% | 2,830 | $1,919 | $5,430,426 |
| Capital Gains | 3% | 345 | $11,893 | $4,102,988 |
| Termination Payouts | 3% | 415 | $9,899 | $4,108,167 |
| Tips/Directors Fees etc | 23% | 2,880 | $2,543 | $7,323,748 |
| Business Income | 7% | 840 | $10,707 | $8,993,655 |
| Foreign Income | 3% | 335 | $686 | $229,859 |
| Government payments | 10% | 1,190 | $5,444 | $6,478,336 |
| Government pensions | 7% | 840 | $9,338 | $7,843,796 |
| Total Income or Loss | 100% | 12,350 | $54,469 | $672,691,393 |
| Deducations | ||||
| Charitable Gifts | 38% | 4,730 | $226 | $1,070,532 |
| Cost of Tax Affairs | 55% | 6,775 | $253 | $1,711,151 |
| Work Car expenses | 33% | 4,105 | $2,203 | $9,043,985 |
| Work Travel expenses | 6% | 785 | $2,426 | $1,904,292 |
| Self Education expenses | 5% | 645 | $1,841 | $1,187,577 |
| Total Deductions | 86% | 10,620 | $2,496 | $26,511,689 |
| Taxation | ||||
| Taxable Income | 100% | 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.