TaxStats for postcode 2401 FY2013

Postcode 2401 includes Gravesend in New South Wales, and is in the federal electorate of Parkes.

In FY 2013 the ATO recorded 180 individuals in postcode 2401. Of these people, 175 made a taxable income or loss. 115 of the population paid a gross amount of tax. After tax offsets, 105 people actually paid a net amount of tax. There were 70 non-taxable people who paid net tax of $0.

Compare TaxStats of 2401 with NSW

2401 TaxStats FY2013%Ppl#Ppl2401
Total Individuals100%180
Salary or Wage 64%115$46,394$5,335,367
Gross Interest64%115$1,063$122,234
Unfranked Dividends11%20$1,112$22,237
Franked Dividends31%55$963$52,971
Dividend Franking Credit31%55$412$22,682
Capital Gains3%5$2,168$10,842
Termination Payouts3%5$61$307
Tips/Directors Fees etc17%30$2,368$71,040
Business Income14%25$-3,545$-88,616
Foreign Income6%10$320$3,205
Government payments3%5$9,166$45,831
Government pensions14%25$8,402$210,045
Total Income or Loss97%175$30,754$5,381,914
Charitable Gifts14%25$143$3,566
Cost of Tax Affairs36%65$206$13,384
Work Car expenses22%40$2,667$106,672
Work Travel expenses3%5$957$4,786
Self Education expenses6%10$1,819$18,192
Total Deductions64%115$2,649$304,593
Taxable Income97%175$28,480$4,983,972
Medicare Levy 53%95$776$73,750
Medicare Surcharge %0$$0
Gross Tax 64%115$7,659$880,774
Net Tax 58%105$8,589$901,852
Average Tax 100%180 $5,010$901,852
Gross Tax Rate 64%115 27%$880,774
Net Tax Rate 58%105 30%$901,852
Average Tax Rate 100%180 18%$901,852
%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 $28,480. It is estimated that the average taxable income for people who paid a net amount of tax was $39466.

The average net tax paid was $8,589. This equates to an average tax of 30 cents in the dollar on taxable income.

The Medicare levy was paid by 95 people for an average of $776.

115 people earned a salary or wage and took home an average of $46,394 each.

Government allowance and payments were collected by 5 people for on average $9,166. 25 people received the pension or other allowance.

Charitable gifts and donations of an average of $143 were made by 25 people.

The costs of tax affairs for 65 people were claimed for $206 each.