TaxStats for postcode 2280 FY2013

Postcode 2280 includes Belmont, Belmont, Belmont North, Belmont North, Belmont South, Croudace Bay, Croudace Bay, Floraville, Floraville, Jewells, Jewells, Marks Point, Valentine, Valentine in New South Wales, and is in the federal electorate of Shortland.

In FY 2013 the ATO recorded 14,965 individuals in postcode 2280. Of these people, 14,910 made a taxable income or loss. 11,935 of the population paid a gross amount of tax. After tax offsets, 10,975 people actually paid a net amount of tax. There were 3,935 non-taxable people who paid net tax of $0.

Compare TaxStats of 2280 with NSW

2280 TaxStats FY2013%Ppl#Ppl2280
Total Individuals100%14,965
Salary or Wage 79%11,815$56,293$665,103,650
Gross Interest58%8,720$1,874$16,343,832
Unfranked Dividends10%1,475$473$697,520
Franked Dividends35%5,225$4,919$25,703,228
Dividend Franking Credit35%5,210$2,114$11,011,548
Capital Gains4%630$22,635$14,260,197
Termination Payouts2%325$9,201$2,990,390
Tips/Directors Fees etc23%3,470$2,912$10,104,358
Business Income7%1,000$27,870$27,870,426
Foreign Income5%710$1,220$866,250
Government payments6%920$4,833$4,446,523
Government pensions6%925$9,180$8,491,371
Total Income or Loss100%14,930$57,866$863,936,398
Charitable Gifts39%5,825$300$1,745,498
Cost of Tax Affairs49%7,290$285$2,080,572
Work Car expenses29%4,295$2,416$10,378,503
Work Travel expenses8%1,265$1,491$1,885,893
Self Education expenses5%750$1,499$1,124,072
Total Deductions83%12,460$2,743$34,173,694
Taxable Income100%14,910$55,630$829,436,671
Medicare Levy 71%10,655$1,070$11,402,452
Medicare Surcharge 1%155$1,181$183,015
Gross Tax 80%11,935$14,947$178,391,979
Net Tax 73%10,975$16,653$182,767,902
Average Tax 100%14,965 $12,213$182,767,902
Gross Tax Rate 80%11,935 27%$178,391,979
Net Tax Rate 73%10,975 30%$182,767,902
Average Tax Rate 100%14,965 22%$182,767,902
%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 $55,630. It is estimated that the average taxable income for people who paid a net amount of tax was $71273.

The average net tax paid was $16,653. This equates to an average tax of 30 cents in the dollar on taxable income.

The Medicare levy was paid by 10,655 people for an average of $1,070. 155 people paid $1,181 on average more for the Medicare surcharge.

11,815 people earned a salary or wage and took home an average of $56,293 each.

Government allowance and payments were collected by 920 people for on average $4,833. 925 people received the pension or other allowance.

Charitable gifts and donations of an average of $300 were made by 5,825 people.

The costs of tax affairs for 7,290 people were claimed for $285 each.