TaxStats for postcode 2775 FY2013

Postcode 2775 includes Central Macdonald, Fernances, Gunderman, Higher Macdonald, Laughtondale, Leets Vale, Leets Vale, Lower Hawkesbury, Lower Macdonald, Marlow, Mogo Creek, Perrys Crossing, Singletons Mill, Spencer, St Albans, Upper Macdonald, Webbs Creek, Wisemans Ferry, Wrights Creek in New South Wales, and is in the federal electorate of Macquarie.

In FY 2013 the ATO recorded 710 individuals in postcode 2775. Of these people, 705 made a taxable income or loss. 545 of the population paid a gross amount of tax. After tax offsets, 490 people actually paid a net amount of tax. There were 215 non-taxable people who paid net tax of $0.

Compare TaxStats of 2775 with NSW

2775 TaxStats FY2013%Ppl#Ppl2775
Total Individuals100%710
Salary or Wage 70%500$44,517$22,258,744
Gross Interest53%375$3,484$1,306,321
Unfranked Dividends7%50$466$23,286
Franked Dividends30%215$12,073$2,595,662
Dividend Franking Credit30%210$5,297$1,112,368
Capital Gains5%35$14,781$517,346
Termination Payouts1%10$7,317$73,166
Tips/Directors Fees etc18%130$4,240$551,152
Business Income17%120$15,703$1,884,355
Foreign Income4%30$2,117$63,517
Government payments6%40$4,392$175,697
Government pensions7%50$10,614$530,723
Total Income or Loss100%710$48,979$34,774,876
Charitable Gifts29%205$306$62,829
Cost of Tax Affairs54%380$563$213,957
Work Car expenses20%145$2,970$430,643
Work Travel expenses8%55$1,448$79,658
Self Education expenses4%25$1,805$45,129
Total Deductions81%575$3,063$1,761,376
Taxable Income99%705$46,673$32,904,288
Medicare Levy 65%465$918$426,707
Medicare Surcharge 1%5$1,194$5,971
Gross Tax 77%545$11,650$6,349,297
Net Tax 69%490$12,935$6,338,229
Average Tax 100%710 $8,927$6,338,229
Gross Tax Rate 77%545 25%$6,349,297
Net Tax Rate 69%490 28%$6,338,229
Average Tax Rate 100%710 19%$6,338,229
%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 $46,673. It is estimated that the average taxable income for people who paid a net amount of tax was $61886.

The average net tax paid was $12,935. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 465 people for an average of $918. 5 people paid $1,194 on average more for the Medicare surcharge.

500 people earned a salary or wage and took home an average of $44,517 each.

Government allowance and payments were collected by 40 people for on average $4,392. 50 people received the pension or other allowance.

Charitable gifts and donations of an average of $306 were made by 205 people.

The costs of tax affairs for 380 people were claimed for $563 each.