TaxStats for postcode 2773 FY2013

Postcode 2773 includes Glenbrook, Lapstone in New South Wales, and is in the federal electorate of Macquarie.

In FY 2013 the ATO recorded 3,680 individuals in postcode 2773. Of these people, 3,660 made a taxable income or loss. 2,950 of the population paid a gross amount of tax. After tax offsets, 2,725 people actually paid a net amount of tax. There were 935 non-taxable people who paid net tax of $0.

Compare TaxStats of 2773 with NSW

2773 TaxStats FY2013%Ppl#Ppl2773
Avg
2773
Total
Total Individuals100%3,680
Income
Salary or Wage 80%2,930$63,645$186,478,633
Gross Interest63%2,315$1,950$4,514,864
Unfranked Dividends11%420$564$236,683
Franked Dividends37%1,375$4,968$6,830,742
Dividend Franking Credit37%1,370$2,137$2,928,037
Capital Gains5%190$12,910$2,452,926
Termination Payouts1%50$22,644$1,132,223
Tips/Directors Fees etc19%710$3,878$2,753,332
Business Income9%315$28,295$8,913,055
Foreign Income6%235$5,672$1,332,889
Government payments4%160$5,098$815,649
Government pensions6%205$8,752$1,794,085
Total Income or Loss100%3,670$64,622$237,161,370
Deducations
Charitable Gifts46%1,675$612$1,024,875
Cost of Tax Affairs49%1,815$947$1,718,312
Work Car expenses26%940$2,558$2,404,499
Work Travel expenses12%445$1,497$666,012
Self Education expenses5%195$1,992$388,438
Total Deductions83%3,045$3,613$11,002,491
Taxation
Taxable Income99%3,660$61,729$225,929,968
Medicare Levy 72%2,655$1,180$3,132,077
Medicare Surcharge 1%50$1,231$61,563
Gross Tax 80%2,950$17,236$50,845,368
Net Tax 74%2,725$19,121$52,103,891
Average Tax 100%3,680 $14,159$52,103,891
Gross Tax Rate 80%2,950 28%$50,845,368
Net Tax Rate 74%2,725 31%$52,103,891
Average Tax Rate 100%3,680 23%$52,103,891
%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 $61,729. It is estimated that the average taxable income for people who paid a net amount of tax was $78793.

The average net tax paid was $19,121. This equates to an average tax of 31 cents in the dollar on taxable income.

The Medicare levy was paid by 2,655 people for an average of $1,180. 50 people paid $1,231 on average more for the Medicare surcharge.

2,930 people earned a salary or wage and took home an average of $63,645 each.

Government allowance and payments were collected by 160 people for on average $5,098. 205 people received the pension or other allowance.

Charitable gifts and donations of an average of $612 were made by 1,675 people.

The costs of tax affairs for 1,815 people were claimed for $947 each.