TaxStats for postcode 2762 FY2013

Postcode 2762 includes Schofields, Schofields in New South Wales, and is in the federal electorate of Chifley.

In FY 2013 the ATO recorded 2,135 individuals in postcode 2762. Of these people, 2,125 made a taxable income or loss. 1,750 of the population paid a gross amount of tax. After tax offsets, 1,640 people actually paid a net amount of tax. There were 485 non-taxable people who paid net tax of $0.

Compare TaxStats of 2762 with NSW

2762 TaxStats FY2013%Ppl#Ppl2762
Total Individuals100%2,135
Salary or Wage 82%1,745$52,820$92,170,457
Gross Interest58%1,245$2,708$3,371,083
Unfranked Dividends6%130$309$40,174
Franked Dividends24%520$2,324$1,208,298
Dividend Franking Credit24%520$995$517,357
Capital Gains3%60$12,592$755,538
Termination Payouts2%35$15,612$546,433
Tips/Directors Fees etc21%445$3,125$1,390,593
Business Income9%195$11,875$2,315,635
Foreign Income3%55$1,062$58,425
Government payments5%115$5,302$609,738
Government pensions5%100$8,039$803,860
Total Income or Loss100%2,130$52,226$111,241,199
Charitable Gifts34%725$328$238,131
Cost of Tax Affairs53%1,135$237$269,458
Work Car expenses26%565$2,745$1,551,082
Work Travel expenses12%260$1,225$318,577
Self Education expenses6%120$1,621$194,464
Total Deductions84%1,800$2,561$4,609,118
Taxable Income100%2,125$50,157$106,582,952
Medicare Levy 74%1,590$919$1,460,598
Medicare Surcharge 1%25$857$21,428
Gross Tax 82%1,750$11,350$19,862,452
Net Tax 77%1,640$12,400$20,335,237
Average Tax 100%2,135 $9,525$20,335,237
Gross Tax Rate 82%1,750 23%$19,862,452
Net Tax Rate 77%1,640 25%$20,335,237
Average Tax Rate 100%2,135 19%$20,335,237
%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 $50,157. It is estimated that the average taxable income for people who paid a net amount of tax was $61441.

The average net tax paid was $12,400. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 1,590 people for an average of $919. 25 people paid $857 on average more for the Medicare surcharge.

1,745 people earned a salary or wage and took home an average of $52,820 each.

Government allowance and payments were collected by 115 people for on average $5,302. 100 people received the pension or other allowance.

Charitable gifts and donations of an average of $328 were made by 725 people.

The costs of tax affairs for 1,135 people were claimed for $237 each.