TaxStats for postcode 2518 FY2013

Postcode 2518 includes Bellambi, Corrimal, Corrimal East, East Corrimal, Tarrawanna, Towradgi in New South Wales, and is in the federal electorate of Cunningham.

In FY 2013 the ATO recorded 9,705 individuals in postcode 2518. Of these people, 9,675 made a taxable income or loss. 7,860 of the population paid a gross amount of tax. After tax offsets, 7,170 people actually paid a net amount of tax. There were 2,505 non-taxable people who paid net tax of $0.

Compare TaxStats of 2518 with NSW

2518 TaxStats FY2013%Ppl#Ppl2518
Total Individuals100%9,705
Salary or Wage 81%7,835$54,978$430,751,057
Gross Interest56%5,450$1,849$10,075,801
Unfranked Dividends9%840$388$325,568
Franked Dividends29%2,830$3,427$9,698,251
Dividend Franking Credit29%2,820$1,474$4,157,794
Capital Gains3%325$10,231$3,324,922
Termination Payouts2%150$11,237$1,685,485
Tips/Directors Fees etc23%2,205$2,551$5,625,311
Business Income7%710$20,437$14,510,097
Foreign Income4%425$809$343,720
Government payments9%840$5,162$4,336,094
Government pensions6%615$9,813$6,035,085
Total Income or Loss100%9,685$53,360$516,788,236
Charitable Gifts45%4,350$316$1,373,820
Cost of Tax Affairs59%5,700$239$1,362,165
Work Car expenses33%3,245$2,232$7,242,474
Work Travel expenses10%980$1,774$1,738,669
Self Education expenses7%635$1,750$1,111,523
Total Deductions84%8,160$3,202$26,125,552
Taxable Income100%9,675$50,667$490,202,996
Medicare Levy 71%6,915$960$6,637,751
Medicare Surcharge 1%105$1,175$123,359
Gross Tax 81%7,860$12,118$95,245,689
Net Tax 74%7,170$13,620$97,655,624
Average Tax 100%9,705 $10,062$97,655,624
Gross Tax Rate 81%7,860 24%$95,245,689
Net Tax Rate 74%7,170 27%$97,655,624
Average Tax Rate 100%9,705 20%$97,655,624
%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 $50,667. It is estimated that the average taxable income for people who paid a net amount of tax was $64176.

The average net tax paid was $13,620. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 6,915 people for an average of $960. 105 people paid $1,175 on average more for the Medicare surcharge.

7,835 people earned a salary or wage and took home an average of $54,978 each.

Government allowance and payments were collected by 840 people for on average $5,162. 615 people received the pension or other allowance.

Charitable gifts and donations of an average of $316 were made by 4,350 people.

The costs of tax affairs for 5,700 people were claimed for $239 each.