TaxStats for postcode 2529 FY2013

Postcode 2529 includes Blackbutt, Dunmore, Flinders, Oak Flats, Shell Cove, Shellharbour, Shellharbour City Centre, Shellharbour Square in New South Wales, and is in the federal electorate of Gilmore.

In FY 2013 the ATO recorded 12,745 individuals in postcode 2529. Of these people, 12,685 made a taxable income or loss. 10,415 of the population paid a gross amount of tax. After tax offsets, 9,660 people actually paid a net amount of tax. There were 3,025 non-taxable people who paid net tax of $0.

Compare TaxStats of 2529 with NSW

2529 TaxStats FY2013%Ppl#Ppl2529
Avg
2529
Total
Total Individuals100%12,745
Income
Salary or Wage 83%10,585$55,610$588,627,954
Gross Interest53%6,760$1,542$10,423,337
Unfranked Dividends8%1,070$284$303,834
Franked Dividends29%3,640$3,146$11,452,340
Dividend Franking Credit28%3,620$1,356$4,907,594
Capital Gains4%465$11,296$5,252,419
Termination Payouts2%240$12,080$2,899,319
Tips/Directors Fees etc24%3,055$2,854$8,719,289
Business Income7%835$21,221$17,719,590
Foreign Income4%470$615$289,117
Government payments7%840$4,879$4,098,339
Government pensions5%635$9,504$6,034,992
Total Income or Loss100%12,710$55,022$699,329,417
Deducations
Charitable Gifts44%5,565$259$1,444,030
Cost of Tax Affairs61%7,755$227$1,759,350
Work Car expenses39%4,975$2,371$11,795,829
Work Travel expenses11%1,340$1,902$2,549,296
Self Education expenses6%795$1,871$1,487,310
Total Deductions85%10,870$3,338$36,284,351
Taxation
Taxable Income100%12,685$52,211$662,302,135
Medicare Levy 73%9,290$972$9,029,850
Medicare Surcharge 1%185$1,133$209,545
Gross Tax 82%10,415$12,520$130,400,833
Net Tax 76%9,660$13,859$133,880,183
Average Tax 100%12,745 $10,505$133,880,183
Gross Tax Rate 82%10,415 24%$130,400,833
Net Tax Rate 76%9,660 27%$133,880,183
Average Tax Rate 100%12,745 20%$133,880,183
%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 $52,211. It is estimated that the average taxable income for people who paid a net amount of tax was $64804.

The average net tax paid was $13,859. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 9,290 people for an average of $972. 185 people paid $1,133 on average more for the Medicare surcharge.

10,585 people earned a salary or wage and took home an average of $55,610 each.

Government allowance and payments were collected by 840 people for on average $4,879. 635 people received the pension or other allowance.

Charitable gifts and donations of an average of $259 were made by 5,565 people.

The costs of tax affairs for 7,755 people were claimed for $227 each.