TaxStats for postcode 2489 FY2013

Postcode 2489 includes Hastings Point, Hastings Point, Pottsville, Pottsville, Pottsville Beach in New South Wales, and is in the federal electorate of Richmond.

In FY 2013 the ATO recorded 3,315 individuals in postcode 2489. Of these people, 3,295 made a taxable income or loss. 2,565 of the population paid a gross amount of tax. After tax offsets, 2,305 people actually paid a net amount of tax. There were 990 non-taxable people who paid net tax of $0.

Compare TaxStats of 2489 with NSW

2489 TaxStats FY2013%Ppl#Ppl2489
Total Individuals100%3,315
Salary or Wage 73%2,430$49,262$119,706,277
Gross Interest54%1,800$1,635$2,943,727
Unfranked Dividends7%225$570$128,319
Franked Dividends23%755$3,766$2,843,005
Dividend Franking Credit23%750$1,620$1,215,214
Capital Gains4%120$7,999$959,833
Termination Payouts3%105$10,083$1,058,759
Tips/Directors Fees etc24%785$3,583$2,812,284
Business Income12%410$20,539$8,420,798
Foreign Income4%135$3,471$468,523
Government payments9%300$4,776$1,432,902
Government pensions8%275$9,281$2,552,391
Total Income or Loss100%3,305$47,510$157,019,566
Charitable Gifts31%1,035$251$260,168
Cost of Tax Affairs54%1,800$298$535,989
Work Car expenses32%1,070$2,970$3,177,785
Work Travel expenses10%330$2,787$919,866
Self Education expenses5%155$1,590$246,397
Total Deductions81%2,670$3,215$8,583,757
Taxable Income99%3,295$44,892$147,917,832
Medicare Levy 66%2,190$882$1,930,912
Medicare Surcharge 2%50$1,217$60,830
Gross Tax 77%2,565$10,338$26,516,088
Net Tax 70%2,305$11,608$26,755,918
Average Tax 100%3,315 $8,071$26,755,918
Gross Tax Rate 77%2,565 23%$26,516,088
Net Tax Rate 70%2,305 26%$26,755,918
Average Tax Rate 100%3,315 18%$26,755,918
%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 $44,892. It is estimated that the average taxable income for people who paid a net amount of tax was $59019.

The average net tax paid was $11,608. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 2,190 people for an average of $882. 50 people paid $1,217 on average more for the Medicare surcharge.

2,430 people earned a salary or wage and took home an average of $49,262 each.

Government allowance and payments were collected by 300 people for on average $4,776. 275 people received the pension or other allowance.

Charitable gifts and donations of an average of $251 were made by 1,035 people.

The costs of tax affairs for 1,800 people were claimed for $298 each.