TaxStats for postcode 2779 FY2013

Postcode 2779 includes Hazelbrook in New South Wales, and is in the federal electorate of Macquarie.

In FY 2013 the ATO recorded 2,605 individuals in postcode 2779. Of these people, 2,590 made a taxable income or loss. 2,100 of the population paid a gross amount of tax. After tax offsets, 1,940 people actually paid a net amount of tax. There were 650 non-taxable people who paid net tax of $0.

Compare TaxStats of 2779 with NSW

2779 TaxStats FY2013%Ppl#Ppl2779
Avg
2779
Total
Total Individuals100%2,605
Income
Salary or Wage 83%2,150$53,299$114,593,444
Gross Interest58%1,500$1,387$2,080,654
Unfranked Dividends6%160$486$77,707
Franked Dividends26%670$2,126$1,424,643
Dividend Franking Credit26%670$911$610,479
Capital Gains3%70$4,282$299,751
Termination Payouts1%30$22,499$674,973
Tips/Directors Fees etc21%545$1,975$1,076,460
Business Income10%250$14,890$3,722,565
Foreign Income4%95$1,359$129,132
Government payments8%200$5,285$1,057,060
Government pensions6%160$8,351$1,336,188
Total Income or Loss100%2,595$51,476$133,579,757
Deducations
Charitable Gifts42%1,085$343$372,543
Cost of Tax Affairs51%1,330$224$297,638
Work Car expenses28%730$1,819$1,327,911
Work Travel expenses11%280$1,298$363,302
Self Education expenses5%135$1,682$227,117
Total Deductions83%2,165$2,293$4,963,608
Taxation
Taxable Income99%2,590$49,627$128,534,561
Medicare Levy 72%1,880$928$1,744,605
Medicare Surcharge 1%30$1,105$33,136
Gross Tax 81%2,100$11,474$24,094,569
Net Tax 74%1,940$12,645$24,532,165
Average Tax 100%2,605 $9,417$24,532,165
Gross Tax Rate 81%2,100 23%$24,094,569
Net Tax Rate 74%1,940 25%$24,532,165
Average Tax Rate 100%2,605 19%$24,532,165
%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 $49,627. It is estimated that the average taxable income for people who paid a net amount of tax was $62234.

The average net tax paid was $12,645. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 1,880 people for an average of $928. 30 people paid $1,105 on average more for the Medicare surcharge.

2,150 people earned a salary or wage and took home an average of $53,299 each.

Government allowance and payments were collected by 200 people for on average $5,285. 160 people received the pension or other allowance.

Charitable gifts and donations of an average of $343 were made by 1,085 people.

The costs of tax affairs for 1,330 people were claimed for $224 each.