TaxStats for postcode 2735 FY2013

Postcode 2735 includes Koraleigh, Koraleigh in New South Wales, and is in the federal electorate of Farrer.

In FY 2013 the ATO recorded 165 individuals in postcode 2735. Of these people, 160 made a taxable income or loss. 110 of the population paid a gross amount of tax. After tax offsets, 100 people actually paid a net amount of tax. There were 60 non-taxable people who paid net tax of $0.

Compare TaxStats of 2735 with NSW

2735 TaxStats FY2013%Ppl#Ppl2735
Avg
2735
Total
Total Individuals100%165
Income
Salary or Wage 64%105$38,063$3,996,640
Gross Interest42%70$924$64,648
Unfranked Dividends15%25$1,264$31,591
Franked Dividends27%45$3,751$168,789
Dividend Franking Credit27%45$1,607$72,327
Capital Gains3%5$733$3,665
Termination Payouts%0$$0
Tips/Directors Fees etc15%25$2,321$58,013
Business Income9%15$3,550$53,254
Foreign Income3%5$74$368
Government payments12%20$5,580$111,594
Government pensions6%10$11,893$118,933
Total Income or Loss97%160$35,185$5,629,637
Deducations
Charitable Gifts9%15$796$11,938
Cost of Tax Affairs33%55$537$29,537
Work Car expenses21%35$2,315$81,037
Work Travel expenses3%5$6,712$33,562
Self Education expenses3%5$537$2,685
Total Deductions67%110$2,265$249,097
Taxation
Taxable Income97%160$33,245$5,319,267
Medicare Levy 52%85$762$64,774
Medicare Surcharge 3%5$977$4,886
Gross Tax 67%110$7,459$820,518
Net Tax 61%100$7,179$717,898
Average Tax 100%165 $4,351$717,898
Gross Tax Rate 67%110 22%$820,518
Net Tax Rate 61%100 22%$717,898
Average Tax Rate 100%165 13%$717,898
%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 $33,245. It is estimated that the average taxable income for people who paid a net amount of tax was $45993.

The average net tax paid was $7,179. This equates to an average tax of 22 cents in the dollar on taxable income.

The Medicare levy was paid by 85 people for an average of $762. 5 people paid $977 on average more for the Medicare surcharge.

105 people earned a salary or wage and took home an average of $38,063 each.

Government allowance and payments were collected by 20 people for on average $5,580. 10 people received the pension or other allowance.

Charitable gifts and donations of an average of $796 were made by 15 people.

The costs of tax affairs for 55 people were claimed for $537 each.