TaxStats for postcode 2259 FY2013
Postcode 2259 includes Alison, Bushells Ridge, Cedar Brush Creek, Chain Valley Bay, Crangan Bay, Dooralong, Durren Durren, Frazer Park, Freemans, Gwandalan, Halloran, Hamlyn Terrace, Jilliby, Kanwal, Kiar, Kingfisher Shores, Lake Munmorah, Lemon Tree, Little Jilliby, Mannering Park, Mardi, Moonee, Point Wolstoncroft, Ravensdale, Rocky Point, South Tacoma, Summerland Point, Tacoma, Tacoma South, Tuggerah, Tuggerawong, Wadalba, Wallarah, Warnervale, Watanobbi, Woongarrah, Wybung, Wyee, Wyee Point, Wyong, Wyong Creek, Wyongah, Yarramalong in New South Wales, and is in the federal electorate of Dobell.
In FY 2013 the ATO recorded 27,700 individuals in postcode 2259. Of these people, 27,585 made a taxable income or loss. 22,255 of the population paid a gross amount of tax. After tax offsets, 20,215 people actually paid a net amount of tax. There were 7,370 non-taxable people who paid net tax of $0.
Compare TaxStats of 2259 with NSW
| 2259 TaxStats FY2013 | %Ppl | #Ppl | 2259 Avg | 2259 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 27,700 | ||
| Income | ||||
| Salary or Wage | 81% | 22,505 | $49,945 | $1,124,009,090 |
| Gross Interest | 52% | 14,280 | $1,467 | $20,949,248 |
| Unfranked Dividends | 6% | 1,765 | $578 | $1,020,574 |
| Franked Dividends | 24% | 6,590 | $3,484 | $22,961,271 |
| Dividend Franking Credit | 24% | 6,555 | $1,501 | $9,836,120 |
| Capital Gains | 3% | 895 | $9,502 | $8,504,257 |
| Termination Payouts | 2% | 530 | $11,776 | $6,241,377 |
| Tips/Directors Fees etc | 24% | 6,575 | $2,768 | $18,201,508 |
| Business Income | 7% | 2,045 | $19,947 | $40,792,167 |
| Foreign Income | 3% | 915 | $772 | $706,614 |
| Government payments | 8% | 2,280 | $5,293 | $12,068,154 |
| Government pensions | 7% | 1,980 | $9,597 | $19,002,940 |
| Total Income or Loss | 100% | 27,625 | $49,566 | $1,369,259,883 |
| Deducations | ||||
| Charitable Gifts | 38% | 10,660 | $247 | $2,632,858 |
| Cost of Tax Affairs | 52% | 14,400 | $253 | $3,645,358 |
| Work Car expenses | 30% | 8,350 | $2,670 | $22,297,360 |
| Work Travel expenses | 10% | 2,665 | $2,158 | $5,751,719 |
| Self Education expenses | 5% | 1,445 | $1,685 | $2,435,518 |
| Total Deductions | 84% | 23,225 | $2,741 | $63,659,534 |
| Taxation | ||||
| Taxable Income | 100% | 27,585 | $47,255 | $1,303,529,239 |
| Medicare Levy | 70% | 19,350 | $896 | $17,333,839 |
| Medicare Surcharge | 1% | 310 | $1,145 | $354,831 |
| Gross Tax | 80% | 22,255 | $10,739 | $238,991,814 |
| Net Tax | 73% | 20,215 | $12,052 | $243,630,143 |
| Average Tax | 100% | 27,700 | $8,795 | $243,630,143 |
| Gross Tax Rate | 80% | 22,255 | 23% | $238,991,814 |
| Net Tax Rate | 73% | 20,215 | 26% | $243,630,143 |
| Average Tax Rate | 100% | 27,700 | 19% | $243,630,143 |
| %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 $47,255. It is estimated that the average taxable income for people who paid a net amount of tax was $60108.
The average net tax paid was $12,052. This equates to an average tax of 26 cents in the dollar on taxable income.
The Medicare levy was paid by 19,350 people for an average of $896. 310 people paid $1,145 on average more for the Medicare surcharge.
22,505 people earned a salary or wage and took home an average of $49,945 each.
Government allowance and payments were collected by 2,280 people for on average $5,293. 1,980 people received the pension or other allowance.
Charitable gifts and donations of an average of $247 were made by 10,660 people.
The costs of tax affairs for 14,400 people were claimed for $253 each.