TaxStats for postcode 2768 FY2013
Postcode 2768 includes Glenwood, Glenwood, Parklea, Stanhope Gardens in New South Wales, and is in the federal electorate of Greenway.
In FY 2013 the ATO recorded 14,915 individuals in postcode 2768. Of these people, 14,840 made a taxable income or loss. 12,630 of the population paid a gross amount of tax. After tax offsets, 12,045 people actually paid a net amount of tax. There were 2,795 non-taxable people who paid net tax of $0.
Compare TaxStats of 2768 with NSW
| 2768 TaxStats FY2013 | %Ppl | #Ppl | 2768 Avg | 2768 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 14,915 | ||
| Income | ||||
| Salary or Wage | 88% | 13,075 | $61,969 | $810,239,950 |
| Gross Interest | 52% | 7,825 | $1,195 | $9,350,556 |
| Unfranked Dividends | 5% | 815 | $397 | $323,826 |
| Franked Dividends | 21% | 3,150 | $2,220 | $6,991,934 |
| Dividend Franking Credit | 21% | 3,140 | $954 | $2,994,271 |
| Capital Gains | 3% | 405 | $8,176 | $3,311,460 |
| Termination Payouts | 2% | 295 | $14,774 | $4,358,272 |
| Tips/Directors Fees etc | 20% | 2,910 | $4,424 | $12,874,879 |
| Business Income | 9% | 1,275 | $19,204 | $24,485,284 |
| Foreign Income | 2% | 345 | $1,795 | $619,316 |
| Government payments | 4% | 625 | $5,031 | $3,144,399 |
| Government pensions | 2% | 365 | $8,828 | $3,222,190 |
| Total Income or Loss | 100% | 14,850 | $60,365 | $896,420,241 |
| Deducations | ||||
| Charitable Gifts | 40% | 5,925 | $433 | $2,565,206 |
| Cost of Tax Affairs | 54% | 8,070 | $226 | $1,825,041 |
| Work Car expenses | 29% | 4,290 | $3,122 | $13,393,944 |
| Work Travel expenses | 13% | 1,920 | $1,128 | $2,166,424 |
| Self Education expenses | 7% | 1,000 | $2,186 | $2,185,766 |
| Total Deductions | 85% | 12,650 | $3,029 | $38,317,971 |
| Taxation | ||||
| Taxable Income | 99% | 14,840 | $57,757 | $857,120,868 |
| Medicare Levy | 78% | 11,620 | $1,033 | $12,000,658 |
| Medicare Surcharge | 1% | 165 | $1,113 | $183,714 |
| Gross Tax | 85% | 12,630 | $13,981 | $176,581,038 |
| Net Tax | 81% | 12,045 | $15,244 | $183,617,685 |
| Average Tax | 100% | 14,915 | $12,311 | $183,617,685 |
| Gross Tax Rate | 85% | 12,630 | 24% | $176,581,038 |
| Net Tax Rate | 81% | 12,045 | 26% | $183,617,685 |
| Average Tax Rate | 100% | 14,915 | 21% | $183,617,685 |
| %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 $57,757. It is estimated that the average taxable income for people who paid a net amount of tax was $68375.
The average net tax paid was $15,244. This equates to an average tax of 26 cents in the dollar on taxable income.
The Medicare levy was paid by 11,620 people for an average of $1,033. 165 people paid $1,113 on average more for the Medicare surcharge.
13,075 people earned a salary or wage and took home an average of $61,969 each.
Government allowance and payments were collected by 625 people for on average $5,031. 365 people received the pension or other allowance.
Charitable gifts and donations of an average of $433 were made by 5,925 people.
The costs of tax affairs for 8,070 people were claimed for $226 each.