TaxStats for postcode 2786 FY2013

Postcode 2786 includes Bell, Dargan, Mount Irvine, Mount Victoria, Mount Wilson in New South Wales, and is in the federal electorate of Macquarie.

In FY 2013 the ATO recorded 600 individuals in postcode 2786. Of these people, 595 made a taxable income or loss. 455 of the population paid a gross amount of tax. After tax offsets, 400 people actually paid a net amount of tax. There were 195 non-taxable people who paid net tax of $0.

Compare TaxStats of 2786 with NSW

2786 TaxStats FY2013%Ppl#Ppl2786
Avg
2786
Total
Total Individuals100%600
Income
Salary or Wage 69%415$50,300$20,874,590
Gross Interest61%365$2,827$1,032,020
Unfranked Dividends8%45$521$23,450
Franked Dividends29%175$11,127$1,947,275
Dividend Franking Credit29%175$4,768$834,446
Capital Gains4%25$58,189$1,454,717
Termination Payouts1%5$15,051$75,255
Tips/Directors Fees etc22%130$5,044$655,783
Business Income16%95$11,939$1,134,230
Foreign Income6%35$2,902$101,570
Government payments8%45$6,227$280,237
Government pensions8%50$9,408$470,380
Total Income or Loss99%595$53,217$31,664,323
Deducations
Charitable Gifts37%220$2,198$483,635
Cost of Tax Affairs53%320$358$114,691
Work Car expenses20%120$2,469$296,300
Work Travel expenses8%45$2,655$119,462
Self Education expenses3%20$1,357$27,135
Total Deductions82%490$3,334$1,633,512
Taxation
Taxable Income99%595$50,431$30,006,236
Medicare Levy 64%385$1,028$395,954
Medicare Surcharge 1%5$1,317$6,583
Gross Tax 76%455$13,581$6,179,323
Net Tax 67%400$15,525$6,209,903
Average Tax 100%600 $10,350$6,209,903
Gross Tax Rate 76%455 27%$6,179,323
Net Tax Rate 67%400 31%$6,209,903
Average Tax Rate 100%600 21%$6,209,903
%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 $50,431. It is estimated that the average taxable income for people who paid a net amount of tax was $69166.

The average net tax paid was $15,525. This equates to an average tax of 31 cents in the dollar on taxable income.

The Medicare levy was paid by 385 people for an average of $1,028. 5 people paid $1,317 on average more for the Medicare surcharge.

415 people earned a salary or wage and took home an average of $50,300 each.

Government allowance and payments were collected by 45 people for on average $6,227. 50 people received the pension or other allowance.

Charitable gifts and donations of an average of $2,198 were made by 220 people.

The costs of tax affairs for 320 people were claimed for $358 each.