TaxStats for postcode 2526 FY2013

Postcode 2526 includes Cordeaux, Cordeaux, Cordeaux Heights, Cordeaux Heights, Farmborough Heights, Farmborough Heights, Kembla Grange, Kembla Grange, Kembla Heights, Kembla Heights, Mount Kembla, Mount Kembla, Unanderra, Unanderra in New South Wales, and is in the federal electorate of Cunningham.

In FY 2013 the ATO recorded 8,690 individuals in postcode 2526. Of these people, 8,655 made a taxable income or loss. 7,030 of the population paid a gross amount of tax. After tax offsets, 6,475 people actually paid a net amount of tax. There were 2,180 non-taxable people who paid net tax of $0.

Compare TaxStats of 2526 with NSW

2526 TaxStats FY2013%Ppl#Ppl2526
Avg
2526
Total
Total Individuals100%8,690
Income
Salary or Wage 83%7,175$56,456$405,072,068
Gross Interest58%5,080$1,752$8,901,256
Unfranked Dividends11%935$334$312,561
Franked Dividends33%2,875$5,007$14,394,579
Dividend Franking Credit33%2,870$2,148$6,165,864
Capital Gains4%335$7,194$2,410,136
Termination Payouts2%145$12,139$1,760,153
Tips/Directors Fees etc23%1,970$2,833$5,580,533
Business Income7%620$22,904$14,200,429
Foreign Income5%450$644$289,846
Government payments7%575$4,877$2,804,043
Government pensions5%435$9,346$4,065,636
Total Income or Loss100%8,670$57,333$497,080,581
Deducations
Charitable Gifts46%4,035$340$1,373,651
Cost of Tax Affairs56%4,895$234$1,146,109
Work Car expenses35%3,055$2,376$7,257,839
Work Travel expenses10%875$1,405$1,229,468
Self Education expenses6%540$1,935$1,044,912
Total Deductions84%7,300$3,289$24,011,530
Taxation
Taxable Income100%8,655$54,623$472,764,789
Medicare Levy 72%6,220$1,038$6,457,783
Medicare Surcharge 1%95$1,197$113,742
Gross Tax 81%7,030$14,019$98,555,555
Net Tax 75%6,475$15,653$101,350,860
Average Tax 100%8,690 $11,663$101,350,860
Gross Tax Rate 81%7,030 26%$98,555,555
Net Tax Rate 75%6,475 29%$101,350,860
Average Tax Rate 100%8,690 21%$101,350,860
%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 $54,623. It is estimated that the average taxable income for people who paid a net amount of tax was $68974.

The average net tax paid was $15,653. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 6,220 people for an average of $1,038. 95 people paid $1,197 on average more for the Medicare surcharge.

7,175 people earned a salary or wage and took home an average of $56,456 each.

Government allowance and payments were collected by 575 people for on average $4,877. 435 people received the pension or other allowance.

Charitable gifts and donations of an average of $340 were made by 4,035 people.

The costs of tax affairs for 4,895 people were claimed for $234 each.