TaxStats for postcode 2659 FY2013

Postcode 2659 includes Alma Park, Walla Walla in New South Wales, and is in the federal electorate of Farrer.

In FY 2013 the ATO recorded 515 individuals in postcode 2659. Of these people, 505 made a taxable income or loss. 375 of the population paid a gross amount of tax. After tax offsets, 330 people actually paid a net amount of tax. There were 175 non-taxable people who paid net tax of $0.

Compare TaxStats of 2659 with NSW

2659 TaxStats FY2013%Ppl#Ppl2659
Avg
2659
Total
Total Individuals100%515
Income
Salary or Wage 69%355$41,421$14,704,529
Gross Interest68%350$1,518$531,431
Unfranked Dividends20%105$177$18,631
Franked Dividends41%210$2,958$621,205
Dividend Franking Credit41%210$1,267$266,151
Capital Gains6%30$6,630$198,890
Termination Payouts1%5$3,161$15,805
Tips/Directors Fees etc17%85$2,696$229,136
Business Income10%50$10,894$544,703
Foreign Income6%30$120$3,608
Government payments5%25$6,043$151,063
Government pensions8%40$9,285$371,399
Total Income or Loss99%510$40,693$20,753,668
Deducations
Charitable Gifts30%155$516$79,981
Cost of Tax Affairs43%220$221$48,549
Work Car expenses16%80$1,998$159,876
Work Travel expenses7%35$2,787$97,544
Self Education expenses3%15$2,466$36,990
Total Deductions74%380$2,940$1,117,117
Taxation
Taxable Income98%505$38,547$19,466,473
Medicare Levy 61%315$844$265,750
Medicare Surcharge 1%5$348$1,742
Gross Tax 73%375$9,164$3,436,423
Net Tax 64%330$10,131$3,343,301
Average Tax 100%515 $6,492$3,343,301
Gross Tax Rate 73%375 24%$3,436,423
Net Tax Rate 64%330 26%$3,343,301
Average Tax Rate 100%515 17%$3,343,301
%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 $38,547. It is estimated that the average taxable income for people who paid a net amount of tax was $52626.

The average net tax paid was $10,131. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 315 people for an average of $844. 5 people paid $348 on average more for the Medicare surcharge.

355 people earned a salary or wage and took home an average of $41,421 each.

Government allowance and payments were collected by 25 people for on average $6,043. 40 people received the pension or other allowance.

Charitable gifts and donations of an average of $516 were made by 155 people.

The costs of tax affairs for 220 people were claimed for $221 each.