TaxStats for postcode 2776 FY2013

Postcode 2776 includes Faulconbridge, Faulconbridge in New South Wales, and is in the federal electorate of Macquarie.

In FY 2013 the ATO recorded 2,395 individuals in postcode 2776. Of these people, 2,385 made a taxable income or loss. 1,945 of the population paid a gross amount of tax. After tax offsets, 1,800 people actually paid a net amount of tax. There were 585 non-taxable people who paid net tax of $0.

Compare TaxStats of 2776 with NSW

2776 TaxStats FY2013%Ppl#Ppl2776
Total Individuals100%2,395
Salary or Wage 82%1,970$56,896$112,084,485
Gross Interest61%1,450$1,815$2,632,360
Unfranked Dividends8%190$368$69,826
Franked Dividends29%695$3,428$2,382,400
Dividend Franking Credit29%695$1,468$1,020,483
Capital Gains4%90$7,240$651,565
Termination Payouts1%30$20,528$615,855
Tips/Directors Fees etc21%500$2,540$1,270,120
Business Income8%200$21,466$4,293,101
Foreign Income5%110$690$75,857
Government payments6%150$5,463$819,475
Government pensions6%155$8,991$1,393,667
Total Income or Loss100%2,390$56,160$134,222,988
Charitable Gifts45%1,085$453$491,252
Cost of Tax Affairs50%1,195$262$313,559
Work Car expenses26%630$2,300$1,449,195
Work Travel expenses11%260$1,392$361,861
Self Education expenses5%115$1,945$223,641
Total Deductions84%2,010$2,740$5,506,455
Taxable Income100%2,385$53,847$128,425,903
Medicare Levy 73%1,760$999$1,758,278
Medicare Surcharge 1%30$1,158$34,753
Gross Tax 81%1,945$13,296$25,859,839
Net Tax 75%1,800$14,698$26,456,166
Average Tax 100%2,395 $11,046$26,456,166
Gross Tax Rate 81%1,945 25%$25,859,839
Net Tax Rate 75%1,800 27%$26,456,166
Average Tax Rate 100%2,395 21%$26,456,166
%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 $53,847. It is estimated that the average taxable income for people who paid a net amount of tax was $67448.

The average net tax paid was $14,698. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 1,760 people for an average of $999. 30 people paid $1,158 on average more for the Medicare surcharge.

1,970 people earned a salary or wage and took home an average of $56,896 each.

Government allowance and payments were collected by 150 people for on average $5,463. 155 people received the pension or other allowance.

Charitable gifts and donations of an average of $453 were made by 1,085 people.

The costs of tax affairs for 1,195 people were claimed for $262 each.