TaxStats for postcode 2757 FY2013

Postcode 2757 includes Kurmond in New South Wales, and is in the federal electorate of Macquarie.

In FY 2013 the ATO recorded 575 individuals in postcode 2757. Of these people, 575 made a taxable income or loss. 445 of the population paid a gross amount of tax. After tax offsets, 380 people actually paid a net amount of tax. There were 195 non-taxable people who paid net tax of $0.

Compare TaxStats of 2757 with NSW

2757 TaxStats FY2013%Ppl#Ppl2757
Avg
2757
Total
Total Individuals100%575
Income
Salary or Wage 72%415$50,068$20,778,327
Gross Interest59%340$3,018$1,026,066
Unfranked Dividends10%60$709$42,522
Franked Dividends36%205$10,380$2,127,942
Dividend Franking Credit36%205$4,448$911,851
Capital Gains3%20$13,296$265,922
Termination Payouts1%5$55,180$275,899
Tips/Directors Fees etc18%105$4,816$505,673
Business Income10%60$16,111$966,648
Foreign Income4%25$2,008$50,189
Government payments6%35$6,274$219,591
Government pensions7%40$8,798$351,921
Total Income or Loss100%575$51,776$29,770,917
Deducations
Charitable Gifts29%165$361$59,631
Cost of Tax Affairs51%295$337$99,388
Work Car expenses20%115$2,622$301,475
Work Travel expenses10%55$2,453$134,934
Self Education expenses3%20$1,423$28,456
Total Deductions77%445$2,977$1,324,934
Taxation
Taxable Income100%575$49,439$28,427,277
Medicare Levy 63%360$1,024$368,650
Medicare Surcharge 2%10$991$9,907
Gross Tax 77%445$12,856$5,721,078
Net Tax 66%380$15,010$5,703,937
Average Tax 100%575 $9,920$5,703,937
Gross Tax Rate 77%445 26%$5,721,078
Net Tax Rate 66%380 30%$5,703,937
Average Tax Rate 100%575 20%$5,703,937
%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 $49,439. It is estimated that the average taxable income for people who paid a net amount of tax was $68651.

The average net tax paid was $15,010. This equates to an average tax of 30 cents in the dollar on taxable income.

The Medicare levy was paid by 360 people for an average of $1,024. 10 people paid $991 on average more for the Medicare surcharge.

415 people earned a salary or wage and took home an average of $50,068 each.

Government allowance and payments were collected by 35 people for on average $6,274. 40 people received the pension or other allowance.

Charitable gifts and donations of an average of $361 were made by 165 people.

The costs of tax affairs for 295 people were claimed for $337 each.