TaxStats for postcode 2428 FY2013

Postcode 2428 includes Blueys Beach, Boomerang Beach, Booti Booti, Charlotte Bay, Coomba Bay, Coomba Park, Darawank, Elizabeth Beach, Forster, Green Point, Pacific Palms, Sandbar, Shallow Bay, Smiths Lake, Tarbuck Bay, Tiona, Tuncurry, Wallingat, Wallis Lake, Whoota in New South Wales, and is in the federal electorate of Paterson.

In FY 2013 the ATO recorded 10,855 individuals in postcode 2428. Of these people, 10,780 made a taxable income or loss. 7,910 of the population paid a gross amount of tax. After tax offsets, 6,685 people actually paid a net amount of tax. There were 4,095 non-taxable people who paid net tax of $0.

Compare TaxStats of 2428 with NSW

2428 TaxStats FY2013%Ppl#Ppl2428
Total Individuals100%10,855
Salary or Wage 64%6,905$41,591$287,186,149
Gross Interest59%6,355$3,016$19,164,835
Unfranked Dividends11%1,150$710$816,140
Franked Dividends35%3,810$6,634$25,277,280
Dividend Franking Credit35%3,805$2,848$10,836,185
Capital Gains5%500$9,935$4,967,478
Termination Payouts1%125$7,557$944,597
Tips/Directors Fees etc19%2,095$2,902$6,080,193
Business Income10%1,045$22,302$23,305,144
Foreign Income6%660$705$465,612
Government payments11%1,225$5,672$6,948,261
Government pensions13%1,360$9,439$12,836,876
Total Income or Loss100%10,830$42,305$458,158,585
Charitable Gifts28%3,085$354$1,090,925
Cost of Tax Affairs49%5,290$301$1,594,427
Work Car expenses20%2,165$2,233$4,833,955
Work Travel expenses6%670$2,938$1,968,439
Self Education expenses3%375$1,621$607,988
Total Deductions75%8,165$2,564$20,931,227
Taxable Income99%10,780$40,373$435,217,989
Medicare Levy 57%6,240$856$5,340,872
Medicare Surcharge 1%100$1,484$148,443
Gross Tax 73%7,910$9,682$76,587,359
Net Tax 62%6,685$11,322$75,686,233
Average Tax 100%10,855 $6,972$75,686,233
Gross Tax Rate 73%7,910 24%$76,587,359
Net Tax Rate 62%6,685 28%$75,686,233
Average Tax Rate 100%10,855 17%$75,686,233
%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 $40,373. It is estimated that the average taxable income for people who paid a net amount of tax was $57753.

The average net tax paid was $11,322. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 6,240 people for an average of $856. 100 people paid $1,484 on average more for the Medicare surcharge.

6,905 people earned a salary or wage and took home an average of $41,591 each.

Government allowance and payments were collected by 1,225 people for on average $5,672. 1,360 people received the pension or other allowance.

Charitable gifts and donations of an average of $354 were made by 3,085 people.

The costs of tax affairs for 5,290 people were claimed for $301 each.