TaxStats for postcode 2426 FY2013

Postcode 2426 includes Coopernook, Langley Vale, Moto in New South Wales, and is in the federal electorate of Lyne.

In FY 2013 the ATO recorded 275 individuals in postcode 2426. Of these people, 275 made a taxable income or loss. 205 of the population paid a gross amount of tax. After tax offsets, 180 people actually paid a net amount of tax. There were 95 non-taxable people who paid net tax of $0.

Compare TaxStats of 2426 with NSW

2426 TaxStats FY2013%Ppl#Ppl2426
Avg
2426
Total
Total Individuals100%275
Income
Salary or Wage 73%200$40,571$8,114,129
Gross Interest64%175$1,493$261,330
Unfranked Dividends11%30$70$2,095
Franked Dividends25%70$12,505$875,362
Dividend Franking Credit25%70$5,361$375,266
Capital Gains2%5$4,340$21,702
Termination Payouts4%10$2,521$25,210
Tips/Directors Fees etc24%65$1,345$87,456
Business Income15%40$1,824$72,980
Foreign Income4%10$3,185$31,853
Government payments15%40$5,375$215,013
Government pensions7%20$10,224$204,483
Total Income or Loss100%275$40,068$11,018,807
Deducations
Charitable Gifts33%90$160$14,378
Cost of Tax Affairs58%160$224$35,910
Work Car expenses22%60$1,692$101,508
Work Travel expenses7%20$2,782$55,633
Self Education expenses5%15$1,885$28,280
Total Deductions80%220$1,814$399,148
Taxation
Taxable Income100%275$38,571$10,606,982
Medicare Levy 60%165$810$133,624
Medicare Surcharge 2%5$854$4,272
Gross Tax 75%205$9,056$1,856,516
Net Tax 65%180$10,255$1,845,876
Average Tax 100%275 $6,712$1,845,876
Gross Tax Rate 75%205 23%$1,856,516
Net Tax Rate 65%180 27%$1,845,876
Average Tax Rate 100%275 17%$1,845,876
%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 $38,571. It is estimated that the average taxable income for people who paid a net amount of tax was $52594.

The average net tax paid was $10,255. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 165 people for an average of $810. 5 people paid $854 on average more for the Medicare surcharge.

200 people earned a salary or wage and took home an average of $40,571 each.

Government allowance and payments were collected by 40 people for on average $5,375. 20 people received the pension or other allowance.

Charitable gifts and donations of an average of $160 were made by 90 people.

The costs of tax affairs for 160 people were claimed for $224 each.