TaxStats for postcode 2765 FY2013

Postcode 2765 includes Berkshire Park, Berkshire Park, Box Hill, Box Hill, Maraylya, Maraylya, Marsden Park, Marsden Park, Nelson, Nelson, Oakville, Oakville, Riverstone, Riverstone, Vineyard, Vineyard in New South Wales, and is in the federal electorate of Lindsay.

In FY 2013 the ATO recorded 7,940 individuals in postcode 2765. Of these people, 7,900 made a taxable income or loss. 6,530 of the population paid a gross amount of tax. After tax offsets, 6,000 people actually paid a net amount of tax. There were 1,900 non-taxable people who paid net tax of $0.

Compare TaxStats of 2765 with NSW

2765 TaxStats FY2013%Ppl#Ppl2765
Avg
2765
Total
Total Individuals100%7,940
Income
Salary or Wage 78%6,175$49,185$303,719,266
Gross Interest55%4,360$2,960$12,906,705
Unfranked Dividends8%655$517$338,704
Franked Dividends29%2,265$9,139$20,699,738
Dividend Franking Credit28%2,260$3,922$8,864,276
Capital Gains3%270$15,777$4,259,669
Termination Payouts1%105$7,435$780,718
Tips/Directors Fees etc19%1,520$4,285$6,513,143
Business Income9%705$19,860$14,001,006
Foreign Income3%230$866$199,264
Government payments6%445$5,380$2,394,199
Government pensions5%365$9,606$3,506,232
Total Income or Loss100%7,910$52,908$418,501,744
Deducations
Charitable Gifts30%2,370$336$795,238
Cost of Tax Affairs52%4,105$299$1,226,955
Work Car expenses22%1,785$2,878$5,137,362
Work Travel expenses9%720$1,720$1,238,230
Self Education expenses4%330$1,610$531,324
Total Deductions81%6,435$2,699$17,367,245
Taxation
Taxable Income99%7,900$50,717$400,665,491
Medicare Levy 73%5,790$944$5,467,399
Medicare Surcharge 1%80$1,579$126,327
Gross Tax 82%6,530$11,960$78,100,104
Net Tax 76%6,000$13,395$80,368,851
Average Tax 100%7,940 $10,122$80,368,851
Gross Tax Rate 82%6,530 24%$78,100,104
Net Tax Rate 76%6,000 26%$80,368,851
Average Tax Rate 100%7,940 20%$80,368,851
%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 $50,717. It is estimated that the average taxable income for people who paid a net amount of tax was $62978.

The average net tax paid was $13,395. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 5,790 people for an average of $944. 80 people paid $1,579 on average more for the Medicare surcharge.

6,175 people earned a salary or wage and took home an average of $49,185 each.

Government allowance and payments were collected by 445 people for on average $5,380. 365 people received the pension or other allowance.

Charitable gifts and donations of an average of $336 were made by 2,370 people.

The costs of tax affairs for 4,105 people were claimed for $299 each.