TaxStats for postcode 2527 FY2013
Postcode 2527 includes Albion Park, Albion Park Rail, Calderwood, Calderwood, Croom, North Macquarie, Tongarra, Tongarra, Tullimbar, Tullimbar, Yellow Rock in New South Wales, and is in the federal electorate of Throsby.
In FY 2013 the ATO recorded 11,180 individuals in postcode 2527. Of these people, 11,140 made a taxable income or loss. 9,145 of the population paid a gross amount of tax. After tax offsets, 8,415 people actually paid a net amount of tax. There were 2,725 non-taxable people who paid net tax of $0.
Compare TaxStats of 2527 with NSW
| 2527 TaxStats FY2013 | %Ppl | #Ppl | 2527 Avg | 2527 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 11,180 | ||
| Income | ||||
| Salary or Wage | 87% | 9,680 | $52,578 | $508,950,523 |
| Gross Interest | 50% | 5,550 | $1,251 | $6,943,317 |
| Unfranked Dividends | 6% | 690 | $184 | $126,719 |
| Franked Dividends | 24% | 2,660 | $2,673 | $7,110,118 |
| Dividend Franking Credit | 24% | 2,655 | $1,147 | $3,046,079 |
| Capital Gains | 3% | 315 | $5,914 | $1,863,060 |
| Termination Payouts | 2% | 220 | $9,203 | $2,024,601 |
| Tips/Directors Fees etc | 27% | 2,970 | $2,288 | $6,794,287 |
| Business Income | 6% | 655 | $15,775 | $10,332,370 |
| Foreign Income | 3% | 280 | $1,895 | $530,660 |
| Government payments | 7% | 830 | $4,957 | $4,114,528 |
| Government pensions | 5% | 570 | $8,855 | $5,047,602 |
| Total Income or Loss | 100% | 11,150 | $51,817 | $577,760,400 |
| Deducations | ||||
| Charitable Gifts | 43% | 4,770 | $261 | $1,243,880 |
| Cost of Tax Affairs | 63% | 7,035 | $190 | $1,335,702 |
| Work Car expenses | 40% | 4,460 | $2,428 | $10,827,810 |
| Work Travel expenses | 9% | 1,020 | $2,219 | $2,263,607 |
| Self Education expenses | 6% | 695 | $1,735 | $1,205,981 |
| Total Deductions | 86% | 9,645 | $3,148 | $30,361,034 |
| Taxation | ||||
| Taxable Income | 100% | 11,140 | $49,085 | $546,806,823 |
| Medicare Levy | 72% | 8,090 | $914 | $7,391,163 |
| Medicare Surcharge | 1% | 105 | $1,274 | $133,787 |
| Gross Tax | 82% | 9,145 | $11,119 | $101,681,395 |
| Net Tax | 75% | 8,415 | $12,402 | $104,365,810 |
| Average Tax | 100% | 11,180 | $9,335 | $104,365,810 |
| Gross Tax Rate | 82% | 9,145 | 23% | $101,681,395 |
| Net Tax Rate | 75% | 8,415 | 25% | $104,365,810 |
| Average Tax Rate | 100% | 11,180 | 19% | $104,365,810 |
| %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 $49,085. It is estimated that the average taxable income for people who paid a net amount of tax was $61094.
The average net tax paid was $12,402. This equates to an average tax of 25 cents in the dollar on taxable income.
The Medicare levy was paid by 8,090 people for an average of $914. 105 people paid $1,274 on average more for the Medicare surcharge.
9,680 people earned a salary or wage and took home an average of $52,578 each.
Government allowance and payments were collected by 830 people for on average $4,957. 570 people received the pension or other allowance.
Charitable gifts and donations of an average of $261 were made by 4,770 people.
The costs of tax affairs for 7,035 people were claimed for $190 each.