TaxStats for postcode 2326 FY2013

Postcode 2326 includes Abermain, Bishops Bridge, Loxford, Neath, Sawyers Gully, Weston in New South Wales, and is in the federal electorate of Hunter.

In FY 2013 the ATO recorded 3,305 individuals in postcode 2326. Of these people, 3,295 made a taxable income or loss. 2,705 of the population paid a gross amount of tax. After tax offsets, 2,480 people actually paid a net amount of tax. There were 815 non-taxable people who paid net tax of $0.

Compare TaxStats of 2326 with NSW

2326 TaxStats FY2013%Ppl#Ppl2326
Total Individuals100%3,305
Salary or Wage 87%2,865$51,374$147,187,824
Gross Interest45%1,490$1,005$1,497,501
Unfranked Dividends5%170$186$31,645
Franked Dividends21%680$1,736$1,180,227
Dividend Franking Credit21%680$744$505,987
Capital Gains3%85$6,949$590,686
Termination Payouts4%125$6,115$764,320
Tips/Directors Fees etc23%770$2,208$1,699,991
Business Income6%210$15,479$3,250,662
Foreign Income2%60$4,133$247,998
Government payments11%360$5,418$1,950,583
Government pensions6%205$9,831$2,015,298
Total Income or Loss100%3,300$50,799$167,635,301
Charitable Gifts38%1,250$211$263,126
Cost of Tax Affairs54%1,770$219$387,814
Work Car expenses32%1,060$2,363$2,504,466
Work Travel expenses5%175$2,221$388,588
Self Education expenses5%160$1,596$255,343
Total Deductions86%2,850$2,316$6,601,184
Taxable Income100%3,295$48,801$160,798,088
Medicare Levy 72%2,375$913$2,169,271
Medicare Surcharge 1%40$1,078$43,122
Gross Tax 82%2,705$11,054$29,901,062
Net Tax 75%2,480$12,359$30,649,914
Average Tax 100%3,305 $9,274$30,649,914
Gross Tax Rate 82%2,705 23%$29,901,062
Net Tax Rate 75%2,480 25%$30,649,914
Average Tax Rate 100%3,305 19%$30,649,914
%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 $48,801. It is estimated that the average taxable income for people who paid a net amount of tax was $60894.

The average net tax paid was $12,359. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 2,375 people for an average of $913. 40 people paid $1,078 on average more for the Medicare surcharge.

2,865 people earned a salary or wage and took home an average of $51,374 each.

Government allowance and payments were collected by 360 people for on average $5,418. 205 people received the pension or other allowance.

Charitable gifts and donations of an average of $211 were made by 1,250 people.

The costs of tax affairs for 1,770 people were claimed for $219 each.