TaxStats for postcode 2333 FY2013

Postcode 2333 includes Baerami, Baerami Creek, Bengalla, Castle Rock, Edderton, Gungal, Kayuga, Liddell, Manobalai, Mccullys Gap, Muscle Creek, Muswellbrook, Sandy Hollow, Wybong in New South Wales, and is in the federal electorate of Hunter.

In FY 2013 the ATO recorded 7,195 individuals in postcode 2333. Of these people, 7,160 made a taxable income or loss. 5,895 of the population paid a gross amount of tax. After tax offsets, 5,535 people actually paid a net amount of tax. There were 1,625 non-taxable people who paid net tax of $0.

Compare TaxStats of 2333 with NSW

2333 TaxStats FY2013%Ppl#Ppl2333
Avg
2333
Total
Total Individuals100%7,195
Income
Salary or Wage 88%6,335$69,281$438,895,617
Gross Interest51%3,700$1,806$6,682,135
Unfranked Dividends7%510$294$149,936
Franked Dividends24%1,750$5,889$10,305,954
Dividend Franking Credit24%1,745$2,530$4,414,877
Capital Gains3%215$9,877$2,123,479
Termination Payouts3%220$12,412$2,730,676
Tips/Directors Fees etc22%1,555$1,959$3,045,783
Business Income5%395$-1,725$-681,471
Foreign Income4%300$1,349$404,701
Government payments6%450$5,088$2,289,736
Government pensions5%325$8,863$2,880,358
Total Income or Loss100%7,180$67,397$483,912,527
Deducations
Charitable Gifts47%3,405$256$872,745
Cost of Tax Affairs59%4,240$276$1,168,340
Work Car expenses38%2,735$2,012$5,502,588
Work Travel expenses6%445$1,483$659,752
Self Education expenses6%460$1,689$776,715
Total Deductions88%6,320$2,853$18,033,385
Taxation
Taxable Income100%7,160$64,814$464,067,740
Medicare Levy 74%5,355$1,220$6,533,736
Medicare Surcharge 3%220$1,135$249,762
Gross Tax 82%5,895$18,167$107,095,012
Net Tax 77%5,535$20,012$110,766,595
Average Tax 100%7,195 $15,395$110,766,595
Gross Tax Rate 82%5,895 28%$107,095,012
Net Tax Rate 77%5,535 31%$110,766,595
Average Tax Rate 100%7,195 24%$110,766,595
%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 $64,814. It is estimated that the average taxable income for people who paid a net amount of tax was $80319.

The average net tax paid was $20,012. This equates to an average tax of 31 cents in the dollar on taxable income.

The Medicare levy was paid by 5,355 people for an average of $1,220. 220 people paid $1,135 on average more for the Medicare surcharge.

6,335 people earned a salary or wage and took home an average of $69,281 each.

Government allowance and payments were collected by 450 people for on average $5,088. 325 people received the pension or other allowance.

Charitable gifts and donations of an average of $256 were made by 3,405 people.

The costs of tax affairs for 4,240 people were claimed for $276 each.