TaxStats for postcode 2261 FY2013
Postcode 2261 includes Bateau Bay, Bay Village, Berkeley Vale, Blue Bay, Chittaway Bay, Chittaway Point, Glenning Valley, Killarney Vale, Long Jetty, Magenta, Shelly Beach, The Entrance, The Entrance North, Toowoon Bay, Tumbi Umbi in New South Wales, and is in the federal electorate of Dobell.
In FY 2013 the ATO recorded 28,295 individuals in postcode 2261. Of these people, 28,175 made a taxable income or loss. 22,935 of the population paid a gross amount of tax. After tax offsets, 20,640 people actually paid a net amount of tax. There were 7,535 non-taxable people who paid net tax of $0.
Compare TaxStats of 2261 with NSW
| 2261 TaxStats FY2013 | %Ppl | #Ppl | 2261 Avg | 2261 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 28,295 | ||
| Income | ||||
| Salary or Wage | 80% | 22,705 | $48,402 | $1,098,957,774 |
| Gross Interest | 52% | 14,690 | $1,800 | $26,438,488 |
| Unfranked Dividends | 6% | 1,835 | $529 | $970,771 |
| Franked Dividends | 24% | 6,755 | $3,547 | $23,962,808 |
| Dividend Franking Credit | 24% | 6,730 | $1,526 | $10,272,099 |
| Capital Gains | 3% | 875 | $10,406 | $9,105,214 |
| Termination Payouts | 2% | 505 | $10,593 | $5,349,365 |
| Tips/Directors Fees etc | 24% | 6,730 | $2,498 | $16,810,449 |
| Business Income | 8% | 2,280 | $20,512 | $46,768,341 |
| Foreign Income | 4% | 1,070 | $782 | $836,864 |
| Government payments | 9% | 2,600 | $4,895 | $12,727,593 |
| Government pensions | 8% | 2,155 | $9,390 | $20,235,752 |
| Total Income or Loss | 100% | 28,215 | $47,871 | $1,350,674,958 |
| Deducations | ||||
| Charitable Gifts | 40% | 11,240 | $239 | $2,683,034 |
| Cost of Tax Affairs | 53% | 15,130 | $267 | $4,039,531 |
| Work Car expenses | 33% | 9,325 | $2,690 | $25,085,795 |
| Work Travel expenses | 9% | 2,635 | $1,976 | $5,206,503 |
| Self Education expenses | 5% | 1,430 | $1,708 | $2,442,392 |
| Total Deductions | 84% | 23,660 | $2,803 | $66,309,672 |
| Taxation | ||||
| Taxable Income | 100% | 28,175 | $45,525 | $1,282,671,657 |
| Medicare Levy | 69% | 19,655 | $858 | $16,860,025 |
| Medicare Surcharge | 1% | 255 | $1,222 | $311,705 |
| Gross Tax | 81% | 22,935 | $9,880 | $226,596,171 |
| Net Tax | 73% | 20,640 | $11,111 | $229,330,043 |
| Average Tax | 100% | 28,295 | $8,105 | $229,330,043 |
| Gross Tax Rate | 81% | 22,935 | 22% | $226,596,171 |
| Net Tax Rate | 73% | 20,640 | 24% | $229,330,043 |
| Average Tax Rate | 100% | 28,295 | 18% | $229,330,043 |
| %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 $45,525. It is estimated that the average taxable income for people who paid a net amount of tax was $57764.
The average net tax paid was $11,111. This equates to an average tax of 24 cents in the dollar on taxable income.
The Medicare levy was paid by 19,655 people for an average of $858. 255 people paid $1,222 on average more for the Medicare surcharge.
22,705 people earned a salary or wage and took home an average of $48,402 each.
Government allowance and payments were collected by 2,600 people for on average $4,895. 2,155 people received the pension or other allowance.
Charitable gifts and donations of an average of $239 were made by 11,240 people.
The costs of tax affairs for 15,130 people were claimed for $267 each.