TaxStats for postcode 2761 FY2013

Postcode 2761 includes Colebee, Colebee, Dean Park, Glendenning, Hassall Grove, Oakhurst, Plumpton in New South Wales, and is in the federal electorate of Chifley.

In FY 2013 the ATO recorded 15,170 individuals in postcode 2761. Of these people, 15,100 made a taxable income or loss. 12,950 of the population paid a gross amount of tax. After tax offsets, 12,270 people actually paid a net amount of tax. There were 2,830 non-taxable people who paid net tax of $0.

Compare TaxStats of 2761 with NSW

2761 TaxStats FY2013%Ppl#Ppl2761
Avg
2761
Total
Total Individuals100%15,170
Income
Salary or Wage 91%13,880$50,991$707,756,116
Gross Interest39%5,925$839$4,970,155
Unfranked Dividends3%435$412$179,124
Franked Dividends14%2,115$856$1,809,427
Dividend Franking Credit14%2,110$367$774,632
Capital Gains2%245$8,281$2,028,895
Termination Payouts2%260$10,764$2,798,740
Tips/Directors Fees etc23%3,485$2,548$8,878,427
Business Income6%965$17,106$16,507,240
Foreign Income1%165$676$111,500
Government payments7%1,020$5,213$5,317,369
Government pensions3%465$9,087$4,225,521
Total Income or Loss100%15,115$50,574$764,429,697
Deducations
Charitable Gifts42%6,320$344$2,174,588
Cost of Tax Affairs62%9,340$174$1,624,393
Work Car expenses26%3,945$2,679$10,566,951
Work Travel expenses10%1,545$1,535$2,371,941
Self Education expenses6%920$1,803$1,659,033
Total Deductions87%13,265$2,472$32,790,437
Taxation
Taxable Income100%15,100$48,434$731,360,773
Medicare Levy 77%11,745$853$10,015,812
Medicare Surcharge 1%160$1,153$184,492
Gross Tax 85%12,950$9,920$128,465,707
Net Tax 81%12,270$10,847$133,097,438
Average Tax 100%15,170 $8,774$133,097,438
Gross Tax Rate 85%12,950 20%$128,465,707
Net Tax Rate 81%12,270 22%$133,097,438
Average Tax Rate 100%15,170 18%$133,097,438
%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 $48,434. It is estimated that the average taxable income for people who paid a net amount of tax was $56838.

The average net tax paid was $10,847. This equates to an average tax of 22 cents in the dollar on taxable income.

The Medicare levy was paid by 11,745 people for an average of $853. 160 people paid $1,153 on average more for the Medicare surcharge.

13,880 people earned a salary or wage and took home an average of $50,991 each.

Government allowance and payments were collected by 1,020 people for on average $5,213. 465 people received the pension or other allowance.

Charitable gifts and donations of an average of $344 were made by 6,320 people.

The costs of tax affairs for 9,340 people were claimed for $174 each.