TaxStats for postcode 2260 FY2013

Postcode 2260 includes Erina Heights, Forresters Beach, North Avoca, Terrigal, Wamberal in New South Wales, and is in the federal electorate of Dobell.

In FY 2013 the ATO recorded 13,935 individuals in postcode 2260. Of these people, 13,850 made a taxable income or loss. 11,195 of the population paid a gross amount of tax. After tax offsets, 10,190 people actually paid a net amount of tax. There were 3,660 non-taxable people who paid net tax of $0.

Compare TaxStats of 2260 with NSW

2260 TaxStats FY2013%Ppl#Ppl2260
Total Individuals100%13,935
Salary or Wage 75%10,465$56,144$587,550,865
Gross Interest62%8,585$2,466$21,168,354
Unfranked Dividends9%1,280$766$980,862
Franked Dividends31%4,330$8,992$38,936,520
Dividend Franking Credit31%4,310$3,872$16,689,050
Capital Gains5%630$18,083$11,392,435
Termination Payouts2%235$17,660$4,150,062
Tips/Directors Fees etc21%2,880$3,962$11,409,965
Business Income10%1,450$30,928$44,845,821
Foreign Income6%870$5,230$4,550,185
Government payments6%820$5,130$4,206,338
Government pensions6%840$8,953$7,520,600
Total Income or Loss100%13,895$60,732$843,868,658
Charitable Gifts38%5,280$453$2,394,094
Cost of Tax Affairs50%7,020$412$2,892,041
Work Car expenses28%3,960$2,792$11,056,571
Work Travel expenses11%1,500$1,830$2,744,706
Self Education expenses5%695$1,888$1,312,342
Total Deductions82%11,460$3,612$41,391,911
Taxable Income99%13,850$57,823$800,842,133
Medicare Levy 71%9,865$1,111$10,958,007
Medicare Surcharge 1%145$1,358$196,902
Gross Tax 80%11,195$15,913$178,145,020
Net Tax 73%10,190$17,721$180,578,807
Average Tax 100%13,935 $12,959$180,578,807
Gross Tax Rate 80%11,195 28%$178,145,020
Net Tax Rate 73%10,190 31%$180,578,807
Average Tax Rate 100%13,935 22%$180,578,807
%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 $57,823. It is estimated that the average taxable income for people who paid a net amount of tax was $74281.

The average net tax paid was $17,721. This equates to an average tax of 31 cents in the dollar on taxable income.

The Medicare levy was paid by 9,865 people for an average of $1,111. 145 people paid $1,358 on average more for the Medicare surcharge.

10,465 people earned a salary or wage and took home an average of $56,144 each.

Government allowance and payments were collected by 820 people for on average $5,130. 840 people received the pension or other allowance.

Charitable gifts and donations of an average of $453 were made by 5,280 people.

The costs of tax affairs for 7,020 people were claimed for $412 each.