TaxStats for postcode 2641 FY2013

Postcode 2641 includes Hamilton Valley, Lavington, Springdale Heights in New South Wales, and is in the federal electorate of Farrer.

In FY 2013 the ATO recorded 8,300 individuals in postcode 2641. Of these people, 8,270 made a taxable income or loss. 6,710 of the population paid a gross amount of tax. After tax offsets, 6,040 people actually paid a net amount of tax. There were 2,230 non-taxable people who paid net tax of $0.

Compare TaxStats of 2641 with NSW

2641 TaxStats FY2013%Ppl#Ppl2641
Total Individuals100%8,300
Salary or Wage 82%6,800$43,637$296,732,133
Gross Interest56%4,650$1,245$5,791,433
Unfranked Dividends8%690$268$184,679
Franked Dividends24%1,990$3,700$7,362,895
Dividend Franking Credit24%1,980$1,593$3,153,449
Capital Gains3%280$5,049$1,413,795
Termination Payouts2%135$6,199$836,901
Tips/Directors Fees etc22%1,840$1,966$3,617,148
Business Income8%630$19,885$12,527,615
Foreign Income4%340$291$99,095
Government payments10%815$5,734$4,672,968
Government pensions8%660$9,234$6,094,344
Total Income or Loss100%8,280$44,662$369,797,943
Charitable Gifts34%2,795$205$571,817
Cost of Tax Affairs48%4,025$271$1,089,043
Work Car expenses24%1,960$2,004$3,926,961
Work Travel expenses7%565$2,691$1,520,181
Self Education expenses5%385$1,414$544,496
Total Deductions84%6,970$2,147$14,961,630
Taxable Income100%8,270$42,868$354,519,148
Medicare Levy 69%5,705$803$4,581,694
Medicare Surcharge 1%55$1,189$65,401
Gross Tax 81%6,710$8,723$58,533,589
Net Tax 73%6,040$9,822$59,321,917
Average Tax 100%8,300 $7,147$59,321,917
Gross Tax Rate 81%6,710 20%$58,533,589
Net Tax Rate 73%6,040 23%$59,321,917
Average Tax Rate 100%8,300 17%$59,321,917
%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 $42,868. It is estimated that the average taxable income for people who paid a net amount of tax was $54265.

The average net tax paid was $9,822. This equates to an average tax of 23 cents in the dollar on taxable income.

The Medicare levy was paid by 5,705 people for an average of $803. 55 people paid $1,189 on average more for the Medicare surcharge.

6,800 people earned a salary or wage and took home an average of $43,637 each.

Government allowance and payments were collected by 815 people for on average $5,734. 660 people received the pension or other allowance.

Charitable gifts and donations of an average of $205 were made by 2,795 people.

The costs of tax affairs for 4,025 people were claimed for $271 each.