TaxStats for postcode 2505 FY2013

Postcode 2505 includes Kemblawarra, Port Kembla in New South Wales, and is in the federal electorate of Cunningham.

In FY 2013 the ATO recorded 2,255 individuals in postcode 2505. Of these people, 2,245 made a taxable income or loss. 1,815 of the population paid a gross amount of tax. After tax offsets, 1,660 people actually paid a net amount of tax. There were 585 non-taxable people who paid net tax of $0.

Compare TaxStats of 2505 with NSW

2505 TaxStats FY2013%Ppl#Ppl2505
Total Individuals100%2,255
Salary or Wage 83%1,875$51,461$96,489,386
Gross Interest54%1,210$2,046$2,475,838
Unfranked Dividends8%175$265$46,441
Franked Dividends27%620$3,488$2,162,423
Dividend Franking Credit27%620$1,495$926,692
Capital Gains3%65$7,884$512,471
Termination Payouts2%55$12,804$704,226
Tips/Directors Fees etc25%560$2,559$1,433,023
Business Income7%150$15,455$2,318,205
Foreign Income4%85$229$19,449
Government payments10%230$5,749$1,322,214
Government pensions6%140$9,143$1,280,033
Total Income or Loss100%2,245$50,821$114,092,397
Charitable Gifts40%905$283$256,342
Cost of Tax Affairs65%1,465$212$309,913
Work Car expenses36%815$2,592$2,112,674
Work Travel expenses9%205$1,941$397,967
Self Education expenses6%145$1,878$272,341
Total Deductions84%1,895$3,229$6,118,642
Taxable Income100%2,245$48,044$107,859,081
Medicare Levy 69%1,560$913$1,424,468
Medicare Surcharge 2%40$1,053$42,138
Gross Tax 80%1,815$10,933$19,844,047
Net Tax 74%1,660$12,167$20,197,427
Average Tax 100%2,255 $8,957$20,197,427
Gross Tax Rate 80%1,815 23%$19,844,047
Net Tax Rate 74%1,660 25%$20,197,427
Average Tax Rate 100%2,255 19%$20,197,427
%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 $48,044. It is estimated that the average taxable income for people who paid a net amount of tax was $60746.

The average net tax paid was $12,167. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 1,560 people for an average of $913. 40 people paid $1,053 on average more for the Medicare surcharge.

1,875 people earned a salary or wage and took home an average of $51,461 each.

Government allowance and payments were collected by 230 people for on average $5,749. 140 people received the pension or other allowance.

Charitable gifts and donations of an average of $283 were made by 905 people.

The costs of tax affairs for 1,465 people were claimed for $212 each.