TaxStats for postcode 2281 FY2013

Postcode 2281 includes Blacksmiths, Cams Wharf, Catherine Hill Bay, Caves Beach, Little Pelican, Middle Camp, Murrays Beach, Nords Wharf, Pelican, Pinny Beach, Swansea, Swansea Heads in New South Wales, and is in the federal electorate of Shortland.

In FY 2013 the ATO recorded 7,045 individuals in postcode 2281. Of these people, 7,020 made a taxable income or loss. 5,515 of the population paid a gross amount of tax. After tax offsets, 4,965 people actually paid a net amount of tax. There were 2,055 non-taxable people who paid net tax of $0.

Compare TaxStats of 2281 with NSW

2281 TaxStats FY2013%Ppl#Ppl2281
Avg
2281
Total
Total Individuals100%7,045
Income
Salary or Wage 78%5,465$53,997$295,093,644
Gross Interest54%3,825$2,185$8,357,946
Unfranked Dividends9%615$477$293,124
Franked Dividends33%2,295$3,894$8,936,567
Dividend Franking Credit32%2,285$1,677$3,831,912
Capital Gains4%305$7,825$2,386,593
Termination Payouts3%185$10,320$1,909,148
Tips/Directors Fees etc24%1,725$2,620$4,519,190
Business Income7%460$20,073$9,233,521
Foreign Income4%295$915$270,071
Government payments7%525$4,986$2,617,882
Government pensions7%515$9,344$4,812,149
Total Income or Loss100%7,030$52,846$371,509,402
Deducations
Charitable Gifts37%2,630$314$826,918
Cost of Tax Affairs49%3,485$278$970,243
Work Car expenses28%1,980$2,464$4,879,420
Work Travel expenses8%590$2,174$1,282,420
Self Education expenses5%365$1,644$599,884
Total Deductions81%5,740$2,777$15,940,238
Taxation
Taxable Income100%7,020$50,627$355,398,149
Medicare Levy 68%4,765$1,000$4,765,344
Medicare Surcharge 1%95$1,190$113,060
Gross Tax 78%5,515$12,897$71,129,567
Net Tax 70%4,965$14,516$72,070,374
Average Tax 100%7,045 $10,230$72,070,374
Gross Tax Rate 78%5,515 25%$71,129,567
Net Tax Rate 70%4,965 29%$72,070,374
Average Tax Rate 100%7,045 20%$72,070,374
%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 $50,627. It is estimated that the average taxable income for people who paid a net amount of tax was $66614.

The average net tax paid was $14,516. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 4,765 people for an average of $1,000. 95 people paid $1,190 on average more for the Medicare surcharge.

5,465 people earned a salary or wage and took home an average of $53,997 each.

Government allowance and payments were collected by 525 people for on average $4,986. 515 people received the pension or other allowance.

Charitable gifts and donations of an average of $314 were made by 2,630 people.

The costs of tax affairs for 3,485 people were claimed for $278 each.