TaxStats for postcode 2777 FY2013

Postcode 2777 includes Hawkesbury Heights, Hawkesbury Heights, Springwood, Springwood, Sun Valley, Sun Valley, Valley Heights, Valley Heights, Winmalee, Winmalee, Yellow Rock in New South Wales, and is in the federal electorate of Macquarie.

In FY 2013 the ATO recorded 10,435 individuals in postcode 2777. Of these people, 10,400 made a taxable income or loss. 8,500 of the population paid a gross amount of tax. After tax offsets, 7,790 people actually paid a net amount of tax. There were 2,610 non-taxable people who paid net tax of $0.

Compare TaxStats of 2777 with NSW

2777 TaxStats FY2013%Ppl#Ppl2777
Avg
2777
Total
Total Individuals100%10,435
Income
Salary or Wage 81%8,440$56,584$477,568,121
Gross Interest60%6,260$1,807$11,312,371
Unfranked Dividends9%915$342$312,760
Franked Dividends30%3,100$3,192$9,894,951
Dividend Franking Credit30%3,085$1,370$4,225,130
Capital Gains4%390$10,507$4,097,715
Termination Payouts1%150$17,790$2,668,564
Tips/Directors Fees etc21%2,150$3,132$6,733,718
Business Income9%910$22,945$20,879,497
Foreign Income5%475$2,030$964,237
Government payments6%585$5,091$2,978,503
Government pensions7%680$8,797$5,982,039
Total Income or Loss100%10,415$55,887$582,067,283
Deducations
Charitable Gifts45%4,675$440$2,055,580
Cost of Tax Affairs50%5,240$281$1,474,019
Work Car expenses26%2,740$2,522$6,910,921
Work Travel expenses11%1,110$1,189$1,319,538
Self Education expenses5%525$1,792$940,633
Total Deductions84%8,765$2,740$24,012,581
Taxation
Taxable Income100%10,400$53,608$557,526,860
Medicare Levy 73%7,575$1,006$7,619,006
Medicare Surcharge 1%135$1,187$160,288
Gross Tax 81%8,500$13,169$111,938,034
Net Tax 75%7,790$14,635$114,008,043
Average Tax 100%10,435 $10,926$114,008,043
Gross Tax Rate 81%8,500 25%$111,938,034
Net Tax Rate 75%7,790 27%$114,008,043
Average Tax Rate 100%10,435 20%$114,008,043
%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 $53,608. It is estimated that the average taxable income for people who paid a net amount of tax was $67549.

The average net tax paid was $14,635. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 7,575 people for an average of $1,006. 135 people paid $1,187 on average more for the Medicare surcharge.

8,440 people earned a salary or wage and took home an average of $56,584 each.

Government allowance and payments were collected by 585 people for on average $5,091. 680 people received the pension or other allowance.

Charitable gifts and donations of an average of $440 were made by 4,675 people.

The costs of tax affairs for 5,240 people were claimed for $281 each.