TaxStats for postcode 2555 FY2013

Postcode 2555 includes Badgerys Creek, Badgerys Creek in New South Wales, and is in the federal electorate of Lindsay.

In FY 2013 the ATO recorded 225 individuals in postcode 2555. Of these people, 225 made a taxable income or loss. 180 of the population paid a gross amount of tax. After tax offsets, 165 people actually paid a net amount of tax. There were 60 non-taxable people who paid net tax of $0.

Compare TaxStats of 2555 with NSW

2555 TaxStats FY2013%Ppl#Ppl2555
Avg
2555
Total
Total Individuals100%225
Income
Salary or Wage 80%180$46,460$8,362,739
Gross Interest38%85$1,517$128,957
Unfranked Dividends4%10$69$694
Franked Dividends13%30$1,510$45,291
Dividend Franking Credit13%30$647$19,403
Capital Gains2%5$3,620$18,102
Termination Payouts2%5$3,470$17,350
Tips/Directors Fees etc22%50$4,955$247,760
Business Income9%20$10,971$219,412
Foreign Income2%5$353$1,764
Government payments11%25$5,403$135,081
Government pensions9%20$11,433$228,663
Total Income or Loss100%225$45,069$10,140,501
Deducations
Charitable Gifts31%70$176$12,294
Cost of Tax Affairs53%120$305$36,643
Work Car expenses29%65$3,512$228,297
Work Travel expenses7%15$3,848$57,723
Self Education expenses2%5$606$3,029
Total Deductions78%175$3,001$525,208
Taxation
Taxable Income100%225$42,679$9,602,867
Medicare Levy 69%155$794$123,081
Medicare Surcharge 2%5$277$1,383
Gross Tax 80%180$8,647$1,556,471
Net Tax 73%165$9,584$1,581,417
Average Tax 100%225 $7,029$1,581,417
Gross Tax Rate 80%180 20%$1,556,471
Net Tax Rate 73%165 22%$1,581,417
Average Tax Rate 100%225 16%$1,581,417
%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 $42,679. It is estimated that the average taxable income for people who paid a net amount of tax was $53836.

The average net tax paid was $9,584. This equates to an average tax of 22 cents in the dollar on taxable income.

The Medicare levy was paid by 155 people for an average of $794. 5 people paid $277 on average more for the Medicare surcharge.

180 people earned a salary or wage and took home an average of $46,460 each.

Government allowance and payments were collected by 25 people for on average $5,403. 20 people received the pension or other allowance.

Charitable gifts and donations of an average of $176 were made by 70 people.

The costs of tax affairs for 120 people were claimed for $305 each.