TaxStats for postcode 2334 FY2013

Postcode 2334 includes Greta, Greta in New South Wales, and is in the federal electorate of Hunter.

In FY 2013 the ATO recorded 1,350 individuals in postcode 2334. Of these people, 1,345 made a taxable income or loss. 1,135 of the population paid a gross amount of tax. After tax offsets, 1,070 people actually paid a net amount of tax. There were 275 non-taxable people who paid net tax of $0.

Compare TaxStats of 2334 with NSW

2334 TaxStats FY2013%Ppl#Ppl2334
Total Individuals100%1,350
Salary or Wage 90%1,210$60,005$72,605,771
Gross Interest47%635$965$612,924
Unfranked Dividends6%75$114$8,552
Franked Dividends19%255$3,025$771,432
Dividend Franking Credit19%255$1,297$330,634
Capital Gains2%25$13,930$348,242
Termination Payouts4%55$7,696$423,286
Tips/Directors Fees etc24%325$1,872$608,316
Business Income5%70$18,663$1,306,402
Foreign Income2%25$446$11,141
Government payments9%125$4,950$618,690
Government pensions4%55$9,100$500,481
Total Income or Loss100%1,345$59,817$80,454,457
Charitable Gifts44%590$236$139,436
Cost of Tax Affairs63%850$255$216,951
Work Car expenses39%520$2,137$1,111,317
Work Travel expenses8%105$3,072$322,524
Self Education expenses6%85$1,830$155,527
Total Deductions90%1,215$2,831$3,439,822
Taxable Income100%1,345$57,211$76,948,183
Medicare Levy 76%1,030$1,034$1,065,100
Medicare Surcharge 3%45$1,168$52,568
Gross Tax 84%1,135$14,025$15,918,319
Net Tax 79%1,070$15,440$16,520,281
Average Tax 100%1,350 $12,237$16,520,281
Gross Tax Rate 84%1,135 25%$15,918,319
Net Tax Rate 79%1,070 27%$16,520,281
Average Tax Rate 100%1,350 21%$16,520,281
%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 $57,211. It is estimated that the average taxable income for people who paid a net amount of tax was $68830.

The average net tax paid was $15,440. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 1,030 people for an average of $1,034. 45 people paid $1,168 on average more for the Medicare surcharge.

1,210 people earned a salary or wage and took home an average of $60,005 each.

Government allowance and payments were collected by 125 people for on average $4,950. 55 people received the pension or other allowance.

Charitable gifts and donations of an average of $236 were made by 590 people.

The costs of tax affairs for 850 people were claimed for $255 each.