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 | #Ppl | 2428 Avg | 2428 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 10,855 | ||
| Income | ||||
| Salary or Wage | 64% | 6,905 | $41,591 | $287,186,149 |
| Gross Interest | 59% | 6,355 | $3,016 | $19,164,835 |
| Unfranked Dividends | 11% | 1,150 | $710 | $816,140 |
| Franked Dividends | 35% | 3,810 | $6,634 | $25,277,280 |
| Dividend Franking Credit | 35% | 3,805 | $2,848 | $10,836,185 |
| Capital Gains | 5% | 500 | $9,935 | $4,967,478 |
| Termination Payouts | 1% | 125 | $7,557 | $944,597 |
| Tips/Directors Fees etc | 19% | 2,095 | $2,902 | $6,080,193 |
| Business Income | 10% | 1,045 | $22,302 | $23,305,144 |
| Foreign Income | 6% | 660 | $705 | $465,612 |
| Government payments | 11% | 1,225 | $5,672 | $6,948,261 |
| Government pensions | 13% | 1,360 | $9,439 | $12,836,876 |
| Total Income or Loss | 100% | 10,830 | $42,305 | $458,158,585 |
| Deducations | ||||
| Charitable Gifts | 28% | 3,085 | $354 | $1,090,925 |
| Cost of Tax Affairs | 49% | 5,290 | $301 | $1,594,427 |
| Work Car expenses | 20% | 2,165 | $2,233 | $4,833,955 |
| Work Travel expenses | 6% | 670 | $2,938 | $1,968,439 |
| Self Education expenses | 3% | 375 | $1,621 | $607,988 |
| Total Deductions | 75% | 8,165 | $2,564 | $20,931,227 |
| Taxation | ||||
| Taxable Income | 99% | 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.