TaxStats for postcode 2448 FY2013

Postcode 2448 includes Hyland Park, Nambucca Heads, Valla, Valla Beach, Viewmont in New South Wales, and is in the federal electorate of Cowper.

In FY 2013 the ATO recorded 3,720 individuals in postcode 2448. Of these people, 3,700 made a taxable income or loss. 2,690 of the population paid a gross amount of tax. After tax offsets, 2,250 people actually paid a net amount of tax. There were 1,450 non-taxable people who paid net tax of $0.

Compare TaxStats of 2448 with NSW

2448 TaxStats FY2013%Ppl#Ppl2448
Total Individuals100%3,720
Salary or Wage 66%2,465$40,711$100,351,763
Gross Interest57%2,110$2,239$4,723,354
Unfranked Dividends10%360$679$244,483
Franked Dividends30%1,120$3,210$3,595,162
Dividend Franking Credit30%1,110$1,387$1,540,051
Capital Gains4%165$14,833$2,447,452
Termination Payouts1%50$9,823$491,167
Tips/Directors Fees etc20%750$2,920$2,189,878
Business Income11%395$19,944$7,877,932
Foreign Income5%185$1,362$252,015
Government payments14%510$5,674$2,893,628
Government pensions12%440$9,953$4,379,165
Total Income or Loss100%3,710$39,726$147,384,609
Charitable Gifts32%1,185$507$600,967
Cost of Tax Affairs43%1,605$341$546,587
Work Car expenses21%770$2,041$1,571,834
Work Travel expenses7%250$2,534$633,469
Self Education expenses3%130$1,259$163,619
Total Deductions75%2,805$2,395$6,716,640
Taxable Income99%3,700$37,958$140,445,041
Medicare Levy 57%2,120$801$1,697,926
Medicare Surcharge 1%50$1,387$69,333
Gross Tax 72%2,690$8,465$22,771,322
Net Tax 60%2,250$9,703$21,831,175
Average Tax 100%3,720 $5,869$21,831,175
Gross Tax Rate 72%2,690 22%$22,771,322
Net Tax Rate 60%2,250 26%$21,831,175
Average Tax Rate 100%3,720 15%$21,831,175
%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 $37,958. It is estimated that the average taxable income for people who paid a net amount of tax was $54687.

The average net tax paid was $9,703. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 2,120 people for an average of $801. 50 people paid $1,387 on average more for the Medicare surcharge.

2,465 people earned a salary or wage and took home an average of $40,711 each.

Government allowance and payments were collected by 510 people for on average $5,674. 440 people received the pension or other allowance.

Charitable gifts and donations of an average of $507 were made by 1,185 people.

The costs of tax affairs for 1,605 people were claimed for $341 each.