TaxStats for postcode 2713 FY2013

Postcode 2713 includes Blighty, Blighty, Finley, Finley, Logie Brae, Logie Brae, Myrtle Park, Myrtle Park in New South Wales, and is in the federal electorate of Farrer.

In FY 2013 the ATO recorded 1,595 individuals in postcode 2713. Of these people, 1,550 made a taxable income or loss. 1,150 of the population paid a gross amount of tax. After tax offsets, 950 people actually paid a net amount of tax. There were 600 non-taxable people who paid net tax of $0.

Compare TaxStats of 2713 with NSW

2713 TaxStats FY2013%Ppl#Ppl2713
Avg
2713
Total
Total Individuals100%1,595
Income
Salary or Wage 66%1,045$38,913$40,664,465
Gross Interest58%925$2,196$2,031,428
Unfranked Dividends18%290$454$131,789
Franked Dividends36%575$3,009$1,730,292
Dividend Franking Credit36%575$1,292$742,785
Capital Gains6%100$4,451$445,138
Termination Payouts1%10$1,740$17,398
Tips/Directors Fees etc19%300$3,036$910,712
Business Income10%160$14,380$2,300,778
Foreign Income5%85$617$52,421
Government payments8%130$5,480$712,371
Government pensions11%170$10,886$1,850,571
Total Income or Loss100%1,590$38,676$61,495,582
Deducations
Charitable Gifts31%490$377$184,957
Cost of Tax Affairs41%650$343$223,002
Work Car expenses21%340$2,330$792,032
Work Travel expenses7%115$3,182$365,963
Self Education expenses3%45$1,664$74,899
Total Deductions72%1,150$2,917$3,354,502
Taxation
Taxable Income97%1,550$36,648$56,804,195
Medicare Levy 57%905$803$727,102
Medicare Surcharge 1%15$1,196$17,933
Gross Tax 72%1,150$8,359$9,613,341
Net Tax 60%950$9,871$9,377,192
Average Tax 100%1,595 $5,879$9,377,192
Gross Tax Rate 72%1,150 23%$9,613,341
Net Tax Rate 60%950 27%$9,377,192
Average Tax Rate 100%1,595 16%$9,377,192
%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 $36,648. It is estimated that the average taxable income for people who paid a net amount of tax was $52215.

The average net tax paid was $9,871. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 905 people for an average of $803. 15 people paid $1,196 on average more for the Medicare surcharge.

1,045 people earned a salary or wage and took home an average of $38,913 each.

Government allowance and payments were collected by 130 people for on average $5,480. 170 people received the pension or other allowance.

Charitable gifts and donations of an average of $377 were made by 490 people.

The costs of tax affairs for 650 people were claimed for $343 each.