TaxStats for postcode 2506 FY2013

Postcode 2506 includes Berkeley in New South Wales, and is in the federal electorate of Throsby.

In FY 2013 the ATO recorded 3,350 individuals in postcode 2506. Of these people, 3,330 made a taxable income or loss. 2,735 of the population paid a gross amount of tax. After tax offsets, 2,490 people actually paid a net amount of tax. There were 840 non-taxable people who paid net tax of $0.

Compare TaxStats of 2506 with NSW

2506 TaxStats FY2013%Ppl#Ppl2506
Total Individuals100%3,350
Salary or Wage 86%2,870$49,053$140,781,436
Gross Interest47%1,575$1,200$1,889,899
Unfranked Dividends6%210$138$29,005
Franked Dividends21%715$2,369$1,693,592
Dividend Franking Credit21%710$1,024$726,824
Capital Gains2%75$5,124$384,290
Termination Payouts2%70$5,863$410,407
Tips/Directors Fees etc25%850$1,768$1,502,652
Business Income7%245$15,774$3,864,751
Foreign Income2%65$332$21,601
Government payments10%345$5,201$1,794,449
Government pensions6%195$9,997$1,949,358
Total Income or Loss100%3,335$47,979$160,011,251
Charitable Gifts43%1,445$228$329,366
Cost of Tax Affairs63%2,100$199$417,192
Work Car expenses38%1,285$2,272$2,919,711
Work Travel expenses9%315$2,040$642,660
Self Education expenses6%190$1,628$309,359
Total Deductions85%2,835$2,943$8,343,850
Taxable Income99%3,330$45,505$151,531,432
Medicare Levy 70%2,355$848$1,996,243
Medicare Surcharge 1%35$980$34,294
Gross Tax 82%2,735$9,662$26,424,338
Net Tax 74%2,490$10,839$26,988,775
Average Tax 100%3,350 $8,056$26,988,775
Gross Tax Rate 82%2,735 21%$26,424,338
Net Tax Rate 74%2,490 24%$26,988,775
Average Tax Rate 100%3,350 18%$26,988,775
%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 $45,505. It is estimated that the average taxable income for people who paid a net amount of tax was $56808.

The average net tax paid was $10,839. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 2,355 people for an average of $848. 35 people paid $980 on average more for the Medicare surcharge.

2,870 people earned a salary or wage and took home an average of $49,053 each.

Government allowance and payments were collected by 345 people for on average $5,201. 195 people received the pension or other allowance.

Charitable gifts and donations of an average of $228 were made by 1,445 people.

The costs of tax affairs for 2,100 people were claimed for $199 each.