TaxStats for postcode 2324 FY2013
Postcode 2324 includes Balickera, Balickera, Brandy Hill, Brandy Hill, Bundabah, Carrington, Eagleton, Eagleton, East Seaham, East Seaham, Hawks Nest, Hawks Nest, Heatherbrae, Heatherbrae, Karuah, Karuah, Limeburners Creek, Limeburners Creek, Millers Forest, Millers Forest, Nelsons Plains, Nelsons Plains, North Arm Cove, North Arm Cove, Osterley, Osterley, Pindimar, Raymond Terrace, Raymond Terrace, Raymond Terrace East, Raymond Terrace East, Seaham, Seaham, Swan Bay, Tahlee, Tahlee, Tea Gardens, Tea Gardens, Twelve Mile Creek, Twelve Mile Creek in New South Wales, and is in the federal electorate of Paterson.
In FY 2013 the ATO recorded 11,775 individuals in postcode 2324. Of these people, 11,715 made a taxable income or loss. 9,210 of the population paid a gross amount of tax. After tax offsets, 8,305 people actually paid a net amount of tax. There were 3,410 non-taxable people who paid net tax of $0.
Compare TaxStats of 2324 with NSW
| 2324 TaxStats FY2013 | %Ppl | #Ppl | 2324 Avg | 2324 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 11,775 | ||
| Income | ||||
| Salary or Wage | 78% | 9,145 | $49,395 | $451,719,726 |
| Gross Interest | 54% | 6,325 | $1,961 | $12,403,818 |
| Unfranked Dividends | 9% | 1,045 | $713 | $745,009 |
| Franked Dividends | 29% | 3,460 | $4,903 | $16,965,773 |
| Dividend Franking Credit | 29% | 3,445 | $2,109 | $7,265,075 |
| Capital Gains | 4% | 450 | $9,326 | $4,196,511 |
| Termination Payouts | 2% | 260 | $9,038 | $2,349,910 |
| Tips/Directors Fees etc | 24% | 2,785 | $2,273 | $6,330,573 |
| Business Income | 7% | 780 | $18,439 | $14,382,286 |
| Foreign Income | 4% | 505 | $727 | $367,348 |
| Government payments | 9% | 1,025 | $5,092 | $5,219,154 |
| Government pensions | 8% | 965 | $8,821 | $8,512,089 |
| Total Income or Loss | 100% | 11,740 | $48,852 | $573,518,613 |
| Deducations | ||||
| Charitable Gifts | 38% | 4,485 | $268 | $1,203,583 |
| Cost of Tax Affairs | 50% | 5,890 | $251 | $1,480,636 |
| Work Car expenses | 27% | 3,190 | $2,253 | $7,187,996 |
| Work Travel expenses | 7% | 860 | $2,111 | $1,815,529 |
| Self Education expenses | 5% | 530 | $1,768 | $936,972 |
| Total Deductions | 83% | 9,795 | $2,401 | $23,515,031 |
| Taxation | ||||
| Taxable Income | 99% | 11,715 | $46,878 | $549,180,615 |
| Medicare Levy | 66% | 7,825 | $908 | $7,102,705 |
| Medicare Surcharge | 1% | 120 | $1,350 | $161,961 |
| Gross Tax | 78% | 9,210 | $11,069 | $101,942,459 |
| Net Tax | 71% | 8,305 | $12,375 | $102,772,387 |
| Average Tax | 100% | 11,775 | $8,728 | $102,772,387 |
| Gross Tax Rate | 78% | 9,210 | 24% | $101,942,459 |
| Net Tax Rate | 71% | 8,305 | 26% | $102,772,387 |
| Average Tax Rate | 100% | 11,775 | 19% | $102,772,387 |
| %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 $46,878. It is estimated that the average taxable income for people who paid a net amount of tax was $61199.
The average net tax paid was $12,375. This equates to an average tax of 26 cents in the dollar on taxable income.
The Medicare levy was paid by 7,825 people for an average of $908. 120 people paid $1,350 on average more for the Medicare surcharge.
9,145 people earned a salary or wage and took home an average of $49,395 each.
Government allowance and payments were collected by 1,025 people for on average $5,092. 965 people received the pension or other allowance.
Charitable gifts and donations of an average of $268 were made by 4,485 people.
The costs of tax affairs for 5,890 people were claimed for $251 each.