TaxStats for postcode 2560 FY2013

Postcode 2560 includes Airds, Ambarvale, Appin, Blair Athol, Bradbury, Campbelltown, Campbelltown North, Cataract, Englorie Park, Gilead, Glen Alpine, Kentlyn, Leumeah, Macarthur Square, Rosemeadow, Ruse, St Helens Park, Wedderburn, Woodbine in New South Wales, and is in the federal electorate of Macarthur.

In FY 2013 the ATO recorded 37,860 individuals in postcode 2560. Of these people, 37,715 made a taxable income or loss. 31,810 of the population paid a gross amount of tax. After tax offsets, 29,485 people actually paid a net amount of tax. There were 8,230 non-taxable people who paid net tax of $0.

Compare TaxStats of 2560 with NSW

2560 TaxStats FY2013%Ppl#Ppl2560
Avg
2560
Total
Total Individuals100%37,860
Income
Salary or Wage 88%33,295$50,446$1,679,604,893
Gross Interest44%16,835$1,260$21,218,000
Unfranked Dividends4%1,660$358$594,311
Franked Dividends19%7,075$2,519$17,823,407
Dividend Franking Credit19%7,040$1,080$7,604,253
Capital Gains2%810$12,454$10,087,799
Termination Payouts2%750$11,983$8,987,549
Tips/Directors Fees etc22%8,390$2,609$21,891,825
Business Income6%2,230$19,329$43,102,592
Foreign Income2%715$566$404,390
Government payments8%3,050$5,290$16,133,576
Government pensions6%2,210$9,184$20,296,716
Total Income or Loss100%37,745$50,433$1,903,609,167
Deducations
Charitable Gifts41%15,500$324$5,015,783
Cost of Tax Affairs56%21,185$206$4,359,508
Work Car expenses28%10,415$2,617$27,253,732
Work Travel expenses11%4,090$1,519$6,212,546
Self Education expenses6%2,220$1,591$3,531,597
Total Deductions85%32,320$2,630$85,011,360
Taxation
Taxable Income100%37,715$48,187$1,817,356,938
Medicare Levy 74%28,125$870$24,462,177
Medicare Surcharge 1%405$1,063$430,428
Gross Tax 84%31,810$10,219$325,067,271
Net Tax 78%29,485$11,304$333,307,299
Average Tax 100%37,860 $8,804$333,307,299
Gross Tax Rate 84%31,810 21%$325,067,271
Net Tax Rate 78%29,485 23%$333,307,299
Average Tax Rate 100%37,860 18%$333,307,299
%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 $48,187. It is estimated that the average taxable income for people who paid a net amount of tax was $58287.

The average net tax paid was $11,304. This equates to an average tax of 23 cents in the dollar on taxable income.

The Medicare levy was paid by 28,125 people for an average of $870. 405 people paid $1,063 on average more for the Medicare surcharge.

33,295 people earned a salary or wage and took home an average of $50,446 each.

Government allowance and payments were collected by 3,050 people for on average $5,290. 2,210 people received the pension or other allowance.

Charitable gifts and donations of an average of $324 were made by 15,500 people.

The costs of tax affairs for 21,185 people were claimed for $206 each.