TaxStats for postcode 2563 FY2013

Postcode 2563 includes Menangle Park in New South Wales, and is in the federal electorate of Macarthur.

In FY 2013 the ATO recorded 155 individuals in postcode 2563. Of these people, 155 made a taxable income or loss. 120 of the population paid a gross amount of tax. After tax offsets, 100 people actually paid a net amount of tax. There were 55 non-taxable people who paid net tax of $0.

Compare TaxStats of 2563 with NSW

2563 TaxStats FY2013%Ppl#Ppl2563
Avg
2563
Total
Total Individuals100%155
Income
Salary or Wage 81%125$44,223$5,527,902
Gross Interest58%90$1,844$165,982
Unfranked Dividends3%5$47$236
Franked Dividends23%35$14,020$490,708
Dividend Franking Credit23%35$6,009$210,304
Capital Gains3%5$44,126$220,628
Termination Payouts3%5$9,453$47,264
Tips/Directors Fees etc23%35$3,216$112,558
Business Income10%15$12,260$183,907
Foreign Income3%5$78$390
Government payments10%15$4,259$63,886
Government pensions13%20$9,145$182,899
Total Income or Loss100%155$47,835$7,414,434
Deducations
Charitable Gifts32%50$303$15,131
Cost of Tax Affairs52%80$268$21,446
Work Car expenses23%35$2,580$90,305
Work Travel expenses6%10$1,487$14,874
Self Education expenses6%10$866$8,660
Total Deductions74%115$2,345$269,670
Taxation
Taxable Income100%155$46,064$7,139,948
Medicare Levy 61%95$953$90,550
Medicare Surcharge 3%5$668$3,338
Gross Tax 77%120$11,087$1,330,479
Net Tax 65%100$13,597$1,359,698
Average Tax 100%155 $8,772$1,359,698
Gross Tax Rate 77%120 24%$1,330,479
Net Tax Rate 65%100 30%$1,359,698
Average Tax Rate 100%155 19%$1,359,698
%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 $46,064. It is estimated that the average taxable income for people who paid a net amount of tax was $64799.

The average net tax paid was $13,597. This equates to an average tax of 30 cents in the dollar on taxable income.

The Medicare levy was paid by 95 people for an average of $953. 5 people paid $668 on average more for the Medicare surcharge.

125 people earned a salary or wage and took home an average of $44,223 each.

Government allowance and payments were collected by 15 people for on average $4,259. 20 people received the pension or other allowance.

Charitable gifts and donations of an average of $303 were made by 50 people.

The costs of tax affairs for 80 people were claimed for $268 each.