TaxStats for postcode 2478 FY2013

Postcode 2478 includes Ballina, Coolgardie, Cumbalum, East Ballina, Empire Vale, Keith Hall, Lennox Head, Patchs Beach, Pimlico, Pimlico Island, Skennars Head, South Ballina, Teven, Tintenbar, West Ballina in New South Wales, and is in the federal electorate of Page.

In FY 2013 the ATO recorded 15,300 individuals in postcode 2478. Of these people, 15,180 made a taxable income or loss. 11,705 of the population paid a gross amount of tax. After tax offsets, 10,275 people actually paid a net amount of tax. There were 4,905 non-taxable people who paid net tax of $0.

Compare TaxStats of 2478 with NSW

2478 TaxStats FY2013%Ppl#Ppl2478
Total Individuals100%15,300
Salary or Wage 70%10,745$45,113$484,737,096
Gross Interest60%9,200$2,659$24,459,514
Unfranked Dividends10%1,490$694$1,033,904
Franked Dividends29%4,495$6,116$27,492,279
Dividend Franking Credit29%4,475$2,632$11,776,823
Capital Gains5%690$28,221$19,472,719
Termination Payouts1%205$11,827$2,424,584
Tips/Directors Fees etc20%3,090$2,680$8,282,403
Business Income11%1,750$21,470$37,573,134
Foreign Income6%930$1,277$1,187,404
Government payments11%1,630$5,203$8,481,677
Government pensions9%1,345$8,689$11,686,521
Total Income or Loss100%15,255$47,995$732,163,037
Charitable Gifts35%5,305$302$1,599,786
Cost of Tax Affairs52%7,945$336$2,671,880
Work Car expenses26%4,005$2,245$8,991,336
Work Travel expenses8%1,165$1,849$2,154,645
Self Education expenses5%760$1,491$1,133,330
Total Deductions80%12,275$3,014$37,000,917
Taxable Income99%15,180$45,617$692,461,410
Medicare Levy 63%9,715$925$8,984,861
Medicare Surcharge 1%180$1,268$228,317
Gross Tax 77%11,705$11,411$133,567,582
Net Tax 67%10,275$12,986$133,434,389
Average Tax 100%15,300 $8,721$133,434,389
Gross Tax Rate 77%11,705 25%$133,567,582
Net Tax Rate 67%10,275 28%$133,434,389
Average Tax Rate 100%15,300 19%$133,434,389
%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 $45,617. It is estimated that the average taxable income for people who paid a net amount of tax was $61664.

The average net tax paid was $12,986. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 9,715 people for an average of $925. 180 people paid $1,268 on average more for the Medicare surcharge.

10,745 people earned a salary or wage and took home an average of $45,113 each.

Government allowance and payments were collected by 1,630 people for on average $5,203. 1,345 people received the pension or other allowance.

Charitable gifts and donations of an average of $302 were made by 5,305 people.

The costs of tax affairs for 7,945 people were claimed for $336 each.