TaxStats for postcode 2556 FY2013

Postcode 2556 includes Bringelly, Bringelly in New South Wales, and is in the federal electorate of Macarthur.

In FY 2013 the ATO recorded 1,310 individuals in postcode 2556. Of these people, 1,300 made a taxable income or loss. 1,085 of the population paid a gross amount of tax. After tax offsets, 990 people actually paid a net amount of tax. There were 310 non-taxable people who paid net tax of $0.

Compare TaxStats of 2556 with NSW

2556 TaxStats FY2013%Ppl#Ppl2556
Avg
2556
Total
Total Individuals100%1,310
Income
Salary or Wage 77%1,010$48,853$49,341,183
Gross Interest56%740$3,378$2,499,804
Unfranked Dividends6%80$477$38,153
Franked Dividends28%365$11,088$4,047,061
Dividend Franking Credit28%365$4,752$1,734,350
Capital Gains2%30$9,911$297,327
Termination Payouts2%20$4,609$92,171
Tips/Directors Fees etc18%240$4,916$1,179,902
Business Income9%115$28,295$3,253,919
Foreign Income3%35$617$21,609
Government payments5%60$5,367$322,025
Government pensions4%50$8,708$435,387
Total Income or Loss100%1,305$54,866$71,600,638
Deducations
Charitable Gifts30%390$280$109,172
Cost of Tax Affairs48%625$285$178,294
Work Car expenses23%305$2,884$879,622
Work Travel expenses8%105$2,334$245,099
Self Education expenses5%65$1,499$97,416
Total Deductions78%1,025$3,548$3,636,986
Taxation
Taxable Income99%1,300$52,031$67,640,380
Medicare Levy 73%950$974$925,490
Medicare Surcharge 2%20$1,300$26,005
Gross Tax 83%1,085$12,610$13,681,715
Net Tax 76%990$14,290$14,147,188
Average Tax 100%1,310 $10,799$14,147,188
Gross Tax Rate 83%1,085 24%$13,681,715
Net Tax Rate 76%990 27%$14,147,188
Average Tax Rate 100%1,310 21%$14,147,188
%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 $52,031. It is estimated that the average taxable income for people who paid a net amount of tax was $64566.

The average net tax paid was $14,290. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 950 people for an average of $974. 20 people paid $1,300 on average more for the Medicare surcharge.

1,010 people earned a salary or wage and took home an average of $48,853 each.

Government allowance and payments were collected by 60 people for on average $5,367. 50 people received the pension or other allowance.

Charitable gifts and donations of an average of $280 were made by 390 people.

The costs of tax affairs for 625 people were claimed for $285 each.