TaxStats for postcode 2281 FY2013
Postcode 2281 includes Blacksmiths, Cams Wharf, Catherine Hill Bay, Caves Beach, Little Pelican, Middle Camp, Murrays Beach, Nords Wharf, Pelican, Pinny Beach, Swansea, Swansea Heads in New South Wales, and is in the federal electorate of Shortland.
In FY 2013 the ATO recorded 7,045 individuals in postcode 2281. Of these people, 7,020 made a taxable income or loss. 5,515 of the population paid a gross amount of tax. After tax offsets, 4,965 people actually paid a net amount of tax. There were 2,055 non-taxable people who paid net tax of $0.
Compare TaxStats of 2281 with NSW
| 2281 TaxStats FY2013 | %Ppl | #Ppl | 2281 Avg | 2281 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 7,045 | ||
| Income | ||||
| Salary or Wage | 78% | 5,465 | $53,997 | $295,093,644 |
| Gross Interest | 54% | 3,825 | $2,185 | $8,357,946 |
| Unfranked Dividends | 9% | 615 | $477 | $293,124 |
| Franked Dividends | 33% | 2,295 | $3,894 | $8,936,567 |
| Dividend Franking Credit | 32% | 2,285 | $1,677 | $3,831,912 |
| Capital Gains | 4% | 305 | $7,825 | $2,386,593 |
| Termination Payouts | 3% | 185 | $10,320 | $1,909,148 |
| Tips/Directors Fees etc | 24% | 1,725 | $2,620 | $4,519,190 |
| Business Income | 7% | 460 | $20,073 | $9,233,521 |
| Foreign Income | 4% | 295 | $915 | $270,071 |
| Government payments | 7% | 525 | $4,986 | $2,617,882 |
| Government pensions | 7% | 515 | $9,344 | $4,812,149 |
| Total Income or Loss | 100% | 7,030 | $52,846 | $371,509,402 |
| Deducations | ||||
| Charitable Gifts | 37% | 2,630 | $314 | $826,918 |
| Cost of Tax Affairs | 49% | 3,485 | $278 | $970,243 |
| Work Car expenses | 28% | 1,980 | $2,464 | $4,879,420 |
| Work Travel expenses | 8% | 590 | $2,174 | $1,282,420 |
| Self Education expenses | 5% | 365 | $1,644 | $599,884 |
| Total Deductions | 81% | 5,740 | $2,777 | $15,940,238 |
| Taxation | ||||
| Taxable Income | 100% | 7,020 | $50,627 | $355,398,149 |
| Medicare Levy | 68% | 4,765 | $1,000 | $4,765,344 |
| Medicare Surcharge | 1% | 95 | $1,190 | $113,060 |
| Gross Tax | 78% | 5,515 | $12,897 | $71,129,567 |
| Net Tax | 70% | 4,965 | $14,516 | $72,070,374 |
| Average Tax | 100% | 7,045 | $10,230 | $72,070,374 |
| Gross Tax Rate | 78% | 5,515 | 25% | $71,129,567 |
| Net Tax Rate | 70% | 4,965 | 29% | $72,070,374 |
| Average Tax Rate | 100% | 7,045 | 20% | $72,070,374 |
| %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 $50,627. It is estimated that the average taxable income for people who paid a net amount of tax was $66614.
The average net tax paid was $14,516. This equates to an average tax of 29 cents in the dollar on taxable income.
The Medicare levy was paid by 4,765 people for an average of $1,000. 95 people paid $1,190 on average more for the Medicare surcharge.
5,465 people earned a salary or wage and took home an average of $53,997 each.
Government allowance and payments were collected by 525 people for on average $4,986. 515 people received the pension or other allowance.
Charitable gifts and donations of an average of $314 were made by 2,630 people.
The costs of tax affairs for 3,485 people were claimed for $278 each.