TaxStats for postcode 2256 FY2013
Postcode 2256 includes Blackwall, Horsfield Bay, Koolewong, Little Wobby, Patonga, Pearl Beach, Phegans Bay, Wondabyne, Woy Woy, Woy Woy Bay in New South Wales, and is in the federal electorate of Robertson.
In FY 2013 the ATO recorded 7,630 individuals in postcode 2256. Of these people, 7,590 made a taxable income or loss. 6,020 of the population paid a gross amount of tax. After tax offsets, 5,335 people actually paid a net amount of tax. There were 2,255 non-taxable people who paid net tax of $0.
Compare TaxStats of 2256 with NSW
| 2256 TaxStats FY2013 | %Ppl | #Ppl | 2256 Avg | 2256 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 7,630 | ||
| Income | ||||
| Salary or Wage | 74% | 5,680 | $50,407 | $286,310,663 |
| Gross Interest | 55% | 4,170 | $2,976 | $12,410,743 |
| Unfranked Dividends | 8% | 640 | $581 | $371,959 |
| Franked Dividends | 28% | 2,160 | $5,209 | $11,252,312 |
| Dividend Franking Credit | 28% | 2,155 | $2,232 | $4,810,483 |
| Capital Gains | 4% | 325 | $10,385 | $3,375,265 |
| Termination Payouts | 2% | 135 | $16,190 | $2,185,598 |
| Tips/Directors Fees etc | 19% | 1,460 | $2,802 | $4,091,035 |
| Business Income | 8% | 645 | $18,154 | $11,709,380 |
| Foreign Income | 5% | 395 | $1,388 | $548,124 |
| Government payments | 9% | 680 | $5,573 | $3,789,966 |
| Government pensions | 9% | 705 | $9,464 | $6,672,065 |
| Total Income or Loss | 100% | 7,600 | $49,674 | $377,519,098 |
| Deducations | ||||
| Charitable Gifts | 40% | 3,050 | $470 | $1,434,451 |
| Cost of Tax Affairs | 49% | 3,760 | $291 | $1,095,718 |
| Work Car expenses | 20% | 1,540 | $2,616 | $4,028,453 |
| Work Travel expenses | 8% | 605 | $2,045 | $1,237,170 |
| Self Education expenses | 4% | 320 | $1,476 | $472,215 |
| Total Deductions | 80% | 6,120 | $2,477 | $15,162,025 |
| Taxation | ||||
| Taxable Income | 99% | 7,590 | $47,691 | $361,978,019 |
| Medicare Levy | 67% | 5,085 | $932 | $4,737,225 |
| Medicare Surcharge | 1% | 55 | $1,250 | $68,771 |
| Gross Tax | 79% | 6,020 | $11,388 | $68,556,644 |
| Net Tax | 70% | 5,335 | $12,881 | $68,720,573 |
| Average Tax | 100% | 7,630 | $9,007 | $68,720,573 |
| Gross Tax Rate | 79% | 6,020 | 24% | $68,556,644 |
| Net Tax Rate | 70% | 5,335 | 27% | $68,720,573 |
| Average Tax Rate | 100% | 7,630 | 19% | $68,720,573 |
| %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 $47,691. It is estimated that the average taxable income for people who paid a net amount of tax was $62778.
The average net tax paid was $12,881. This equates to an average tax of 27 cents in the dollar on taxable income.
The Medicare levy was paid by 5,085 people for an average of $932. 55 people paid $1,250 on average more for the Medicare surcharge.
5,680 people earned a salary or wage and took home an average of $50,407 each.
Government allowance and payments were collected by 680 people for on average $5,573. 705 people received the pension or other allowance.
Charitable gifts and donations of an average of $470 were made by 3,050 people.
The costs of tax affairs for 3,760 people were claimed for $291 each.