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#Ppl2259
Total Individuals100%27,700
Salary or Wage 81%22,505$49,945$1,124,009,090
Gross Interest52%14,280$1,467$20,949,248
Unfranked Dividends6%1,765$578$1,020,574
Franked Dividends24%6,590$3,484$22,961,271
Dividend Franking Credit24%6,555$1,501$9,836,120
Capital Gains3%895$9,502$8,504,257
Termination Payouts2%530$11,776$6,241,377
Tips/Directors Fees etc24%6,575$2,768$18,201,508
Business Income7%2,045$19,947$40,792,167
Foreign Income3%915$772$706,614
Government payments8%2,280$5,293$12,068,154
Government pensions7%1,980$9,597$19,002,940
Total Income or Loss100%27,625$49,566$1,369,259,883
Charitable Gifts38%10,660$247$2,632,858
Cost of Tax Affairs52%14,400$253$3,645,358
Work Car expenses30%8,350$2,670$22,297,360
Work Travel expenses10%2,665$2,158$5,751,719
Self Education expenses5%1,445$1,685$2,435,518
Total Deductions84%23,225$2,741$63,659,534
Taxable Income100%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.