TaxStats for postcode 2528 FY2013

Postcode 2528 includes Barrack Heights, Barrack Point, Lake Illawarra, Mount Warrigal, Warilla, Windang in New South Wales, and is in the federal electorate of Gilmore.

In FY 2013 the ATO recorded 10,775 individuals in postcode 2528. Of these people, 10,745 made a taxable income or loss. 8,545 of the population paid a gross amount of tax. After tax offsets, 7,705 people actually paid a net amount of tax. There were 3,040 non-taxable people who paid net tax of $0.

Compare TaxStats of 2528 with NSW

2528 TaxStats FY2013%Ppl#Ppl2528
Total Individuals100%10,775
Salary or Wage 82%8,865$49,110$435,360,725
Gross Interest47%5,020$1,775$8,911,975
Unfranked Dividends7%755$292$220,541
Franked Dividends25%2,680$3,419$9,163,008
Dividend Franking Credit25%2,680$1,465$3,927,371
Capital Gains3%280$7,837$2,194,408
Termination Payouts2%210$7,156$1,502,786
Tips/Directors Fees etc25%2,665$2,209$5,887,731
Business Income6%645$15,754$10,161,489
Foreign Income3%280$671$188,017
Government payments10%1,070$5,246$5,613,240
Government pensions7%805$9,897$7,967,381
Total Income or Loss100%10,755$47,795$514,035,486
Charitable Gifts41%4,405$216$950,167
Cost of Tax Affairs62%6,650$198$1,316,411
Work Car expenses37%4,035$2,323$9,372,725
Work Travel expenses8%910$2,033$1,849,895
Self Education expenses6%615$1,924$1,183,425
Total Deductions84%9,030$3,000$27,093,785
Taxable Income100%10,745$45,268$486,404,082
Medicare Levy 68%7,285$874$6,369,376
Medicare Surcharge 1%100$1,345$134,530
Gross Tax 79%8,545$10,160$86,816,618
Net Tax 72%7,705$11,480$88,453,953
Average Tax 100%10,775 $8,209$88,453,953
Gross Tax Rate 79%8,545 22%$86,816,618
Net Tax Rate 72%7,705 25%$88,453,953
Average Tax Rate 100%10,775 18%$88,453,953
%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 $45,268. It is estimated that the average taxable income for people who paid a net amount of tax was $58394.

The average net tax paid was $11,480. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 7,285 people for an average of $874. 100 people paid $1,345 on average more for the Medicare surcharge.

8,865 people earned a salary or wage and took home an average of $49,110 each.

Government allowance and payments were collected by 1,070 people for on average $5,246. 805 people received the pension or other allowance.

Charitable gifts and donations of an average of $216 were made by 4,405 people.

The costs of tax affairs for 6,650 people were claimed for $198 each.