TaxStats for postcode 2557 FY2013

Postcode 2557 includes Catherine Field, Catherine Field, Gregory Hills, Rossmore, Rossmore in New South Wales, and is in the federal electorate of Macarthur.

In FY 2013 the ATO recorded 2,435 individuals in postcode 2557. Of these people, 2,425 made a taxable income or loss. 2,040 of the population paid a gross amount of tax. After tax offsets, 1,885 people actually paid a net amount of tax. There were 540 non-taxable people who paid net tax of $0.

Compare TaxStats of 2557 with NSW

2557 TaxStats FY2013%Ppl#Ppl2557
Avg
2557
Total
Total Individuals100%2,435
Income
Salary or Wage 78%1,890$51,568$97,463,998
Gross Interest58%1,415$2,389$3,380,268
Unfranked Dividends6%145$189$27,383
Franked Dividends24%590$6,591$3,888,884
Dividend Franking Credit24%590$2,825$1,666,915
Capital Gains4%95$19,277$1,831,280
Termination Payouts1%30$17,522$525,649
Tips/Directors Fees etc19%470$3,766$1,769,855
Business Income8%205$26,367$5,405,310
Foreign Income3%65$659$42,860
Government payments5%115$5,524$635,257
Government pensions4%100$9,467$946,696
Total Income or Loss100%2,430$54,074$131,400,377
Deducations
Charitable Gifts31%755$313$236,171
Cost of Tax Affairs48%1,175$302$354,708
Work Car expenses27%660$3,047$2,011,222
Work Travel expenses9%220$1,967$432,717
Self Education expenses5%125$1,729$216,121
Total Deductions80%1,955$3,112$6,084,154
Taxation
Taxable Income100%2,425$51,594$125,114,284
Medicare Levy 74%1,800$939$1,690,431
Medicare Surcharge 1%35$1,211$42,382
Gross Tax 84%2,040$11,871$24,216,534
Net Tax 77%1,885$13,193$24,868,898
Average Tax 100%2,435 $10,213$24,868,898
Gross Tax Rate 84%2,040 23%$24,216,534
Net Tax Rate 77%1,885 26%$24,868,898
Average Tax Rate 100%2,435 20%$24,868,898
%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 $51,594. It is estimated that the average taxable income for people who paid a net amount of tax was $62936.

The average net tax paid was $13,193. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 1,800 people for an average of $939. 35 people paid $1,211 on average more for the Medicare surcharge.

1,890 people earned a salary or wage and took home an average of $51,568 each.

Government allowance and payments were collected by 115 people for on average $5,524. 100 people received the pension or other allowance.

Charitable gifts and donations of an average of $313 were made by 755 people.

The costs of tax affairs for 1,175 people were claimed for $302 each.