TaxStats for postcode 2335 FY2013

Postcode 2335 includes Belford, Belford, Branxton, Branxton, Dalwood, East Branxton, Elderslie, Lambs Valley, Lambs Valley, Leconfield, Leconfield, Lower Belford, Lower Belford, North Rothbury, North Rothbury, Stanhope, Stanhope in New South Wales, and is in the federal electorate of Hunter.

In FY 2013 the ATO recorded 3,220 individuals in postcode 2335. Of these people, 3,215 made a taxable income or loss. 2,675 of the population paid a gross amount of tax. After tax offsets, 2,510 people actually paid a net amount of tax. There were 705 non-taxable people who paid net tax of $0.

Compare TaxStats of 2335 with NSW

2335 TaxStats FY2013%Ppl#Ppl2335
Avg
2335
Total
Total Individuals100%3,220
Income
Salary or Wage 85%2,745$69,254$190,101,891
Gross Interest57%1,850$1,727$3,194,058
Unfranked Dividends8%265$348$92,334
Franked Dividends29%930$2,728$2,536,808
Dividend Franking Credit29%930$1,166$1,084,564
Capital Gains4%120$27,225$3,266,950
Termination Payouts3%100$10,421$1,042,077
Tips/Directors Fees etc23%755$3,111$2,349,060
Business Income7%210$2,051$430,791
Foreign Income5%150$2,684$402,580
Government payments5%155$4,556$706,153
Government pensions5%145$8,609$1,248,279
Total Income or Loss100%3,220$66,643$214,590,737
Deducations
Charitable Gifts43%1,385$394$545,197
Cost of Tax Affairs58%1,855$289$536,610
Work Car expenses33%1,075$2,156$2,317,658
Work Travel expenses7%235$2,544$597,851
Self Education expenses6%180$1,946$350,347
Total Deductions88%2,835$2,875$8,151,759
Taxation
Taxable Income100%3,215$64,083$206,027,756
Medicare Levy 76%2,440$1,188$2,898,982
Medicare Surcharge 2%60$1,206$72,344
Gross Tax 83%2,675$17,491$46,788,083
Net Tax 78%2,510$19,262$48,347,373
Average Tax 100%3,220 $15,015$48,347,373
Gross Tax Rate 83%2,675 27%$46,788,083
Net Tax Rate 78%2,510 30%$48,347,373
Average Tax Rate 100%3,220 23%$48,347,373
%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 $64,083. It is estimated that the average taxable income for people who paid a net amount of tax was $78712.

The average net tax paid was $19,262. This equates to an average tax of 30 cents in the dollar on taxable income.

The Medicare levy was paid by 2,440 people for an average of $1,188. 60 people paid $1,206 on average more for the Medicare surcharge.

2,745 people earned a salary or wage and took home an average of $69,254 each.

Government allowance and payments were collected by 155 people for on average $4,556. 145 people received the pension or other allowance.

Charitable gifts and donations of an average of $394 were made by 1,385 people.

The costs of tax affairs for 1,855 people were claimed for $289 each.