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 | #Ppl | 2775 Avg | 2775 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 710 | ||
| Income | ||||
| Salary or Wage | 70% | 500 | $44,517 | $22,258,744 |
| Gross Interest | 53% | 375 | $3,484 | $1,306,321 |
| Unfranked Dividends | 7% | 50 | $466 | $23,286 |
| Franked Dividends | 30% | 215 | $12,073 | $2,595,662 |
| Dividend Franking Credit | 30% | 210 | $5,297 | $1,112,368 |
| Capital Gains | 5% | 35 | $14,781 | $517,346 |
| Termination Payouts | 1% | 10 | $7,317 | $73,166 |
| Tips/Directors Fees etc | 18% | 130 | $4,240 | $551,152 |
| Business Income | 17% | 120 | $15,703 | $1,884,355 |
| Foreign Income | 4% | 30 | $2,117 | $63,517 |
| Government payments | 6% | 40 | $4,392 | $175,697 |
| Government pensions | 7% | 50 | $10,614 | $530,723 |
| Total Income or Loss | 100% | 710 | $48,979 | $34,774,876 |
| Deducations | ||||
| Charitable Gifts | 29% | 205 | $306 | $62,829 |
| Cost of Tax Affairs | 54% | 380 | $563 | $213,957 |
| Work Car expenses | 20% | 145 | $2,970 | $430,643 |
| Work Travel expenses | 8% | 55 | $1,448 | $79,658 |
| Self Education expenses | 4% | 25 | $1,805 | $45,129 |
| Total Deductions | 81% | 575 | $3,063 | $1,761,376 |
| Taxation | ||||
| Taxable Income | 99% | 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.