TaxStats for postcode 2798 FY2013

Postcode 2798 includes Beneree, Flyers Creek, Forest Reefs, Guyong, Millthorpe, Spring Terrace, Tallwood in New South Wales, and is in the federal electorate of Calare.

In FY 2013 the ATO recorded 1,150 individuals in postcode 2798. Of these people, 1,145 made a taxable income or loss. 900 of the population paid a gross amount of tax. After tax offsets, 805 people actually paid a net amount of tax. There were 340 non-taxable people who paid net tax of $0.

Compare TaxStats of 2798 with NSW

2798 TaxStats FY2013%Ppl#Ppl2798
Avg
2798
Total
Total Individuals100%1,150
Income
Salary or Wage 75%860$59,133$50,854,175
Gross Interest61%700$2,382$1,667,195
Unfranked Dividends16%180$471$84,728
Franked Dividends35%405$6,109$2,473,976
Dividend Franking Credit35%400$2,650$1,060,174
Capital Gains7%75$7,444$558,334
Termination Payouts1%10$38,208$382,083
Tips/Directors Fees etc18%210$2,434$511,154
Business Income13%145$9,232$1,338,568
Foreign Income6%70$533$37,331
Government payments5%55$4,673$257,037
Government pensions5%60$9,213$552,773
Total Income or Loss100%1,150$57,376$65,982,090
Deducations
Charitable Gifts35%400$470$188,076
Cost of Tax Affairs49%560$403$225,506
Work Car expenses26%295$2,518$742,673
Work Travel expenses7%75$2,114$158,576
Self Education expenses5%60$1,652$99,142
Total Deductions78%895$3,215$2,877,607
Taxation
Taxable Income100%1,145$54,902$62,862,376
Medicare Levy 68%785$1,108$869,408
Medicare Surcharge 1%15$951$14,270
Gross Tax 78%900$15,549$13,994,496
Net Tax 70%805$17,568$14,141,898
Average Tax 100%1,150 $12,297$14,141,898
Gross Tax Rate 78%900 28%$13,994,496
Net Tax Rate 70%805 32%$14,141,898
Average Tax Rate 100%1,150 22%$14,141,898
%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 $54,902. It is estimated that the average taxable income for people who paid a net amount of tax was $73022.

The average net tax paid was $17,568. This equates to an average tax of 32 cents in the dollar on taxable income.

The Medicare levy was paid by 785 people for an average of $1,108. 15 people paid $951 on average more for the Medicare surcharge.

860 people earned a salary or wage and took home an average of $59,133 each.

Government allowance and payments were collected by 55 people for on average $4,673. 60 people received the pension or other allowance.

Charitable gifts and donations of an average of $470 were made by 400 people.

The costs of tax affairs for 560 people were claimed for $403 each.