TaxStats for postcode 2440 FY2013
Postcode 2440 includes Aldavilla, Austral Eden, Bellbrook, Bellimbopinni, Belmore River, Burnt Bridge, Carrai, Clybucca, Collombatti, Comara, Corangula, Crescent Head, Deep Creek, Deep Creek, Dondingalong, East Kempsey, Euroka, Frederickton, Gladstone, Greenhill, Hampden Hall, Hat Head, Hickeys Creek, Kempsey, Kinchela, Lower Creek, Lower Creek, Millbank, Mooneba, Moparrabah, Moparrabah, Mungay Creek, Old Station, Pola Creek, Rainbow Reach, Seven Oaks, Sherwood, Skillion Flat, Smithtown, South Kempsey, Summer Island, Temagog, Toorooka, Turners Flat, Verges Creek, West Kempsey, Willawarrin, Willi Willi, Willi Willi, Wittitrin, Yarravel, Yessabah in New South Wales, and is in the federal electorate of Cowper.
In FY 2013 the ATO recorded 9,435 individuals in postcode 2440. Of these people, 9,370 made a taxable income or loss. 7,040 of the population paid a gross amount of tax. After tax offsets, 6,175 people actually paid a net amount of tax. There were 3,195 non-taxable people who paid net tax of $0.
Compare TaxStats of 2440 with NSW
| 2440 TaxStats FY2013 | %Ppl | #Ppl | 2440 Avg | 2440 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 9,435 | ||
| Income | ||||
| Salary or Wage | 75% | 7,120 | $41,432 | $294,996,972 |
| Gross Interest | 56% | 5,320 | $2,110 | $11,226,890 |
| Unfranked Dividends | 7% | 685 | $647 | $442,929 |
| Franked Dividends | 26% | 2,450 | $2,971 | $7,280,079 |
| Dividend Franking Credit | 26% | 2,445 | $1,275 | $3,118,318 |
| Capital Gains | 3% | 270 | $8,197 | $2,213,069 |
| Termination Payouts | 2% | 170 | $6,768 | $1,150,509 |
| Tips/Directors Fees etc | 23% | 2,195 | $2,234 | $4,904,543 |
| Business Income | 12% | 1,125 | $5,903 | $6,641,288 |
| Foreign Income | 4% | 395 | $1,111 | $438,941 |
| Government payments | 13% | 1,205 | $5,535 | $6,669,162 |
| Government pensions | 10% | 950 | $9,812 | $9,321,490 |
| Total Income or Loss | 100% | 9,415 | $39,685 | $373,632,780 |
| Deducations | ||||
| Charitable Gifts | 22% | 2,115 | $767 | $1,622,730 |
| Cost of Tax Affairs | 51% | 4,805 | $252 | $1,209,014 |
| Work Car expenses | 24% | 2,285 | $2,007 | $4,584,886 |
| Work Travel expenses | 7% | 650 | $4,129 | $2,683,910 |
| Self Education expenses | 5% | 450 | $1,560 | $702,086 |
| Total Deductions | 79% | 7,445 | $2,510 | $18,685,774 |
| Taxation | ||||
| Taxable Income | 99% | 9,370 | $37,774 | $353,945,371 |
| Medicare Levy | 61% | 5,745 | $769 | $4,415,062 |
| Medicare Surcharge | 1% | 115 | $1,282 | $147,374 |
| Gross Tax | 75% | 7,040 | $7,952 | $55,984,170 |
| Net Tax | 65% | 6,175 | $9,041 | $55,826,229 |
| Average Tax | 100% | 9,435 | $5,917 | $55,826,229 |
| Gross Tax Rate | 75% | 7,040 | 21% | $55,984,170 |
| Net Tax Rate | 65% | 6,175 | 24% | $55,826,229 |
| Average Tax Rate | 100% | 9,435 | 16% | $55,826,229 |
| %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 $37,774. It is estimated that the average taxable income for people who paid a net amount of tax was $51110.
The average net tax paid was $9,041. This equates to an average tax of 24 cents in the dollar on taxable income.
The Medicare levy was paid by 5,745 people for an average of $769. 115 people paid $1,282 on average more for the Medicare surcharge.
7,120 people earned a salary or wage and took home an average of $41,432 each.
Government allowance and payments were collected by 1,205 people for on average $5,535. 950 people received the pension or other allowance.
Charitable gifts and donations of an average of $767 were made by 2,115 people.
The costs of tax affairs for 4,805 people were claimed for $252 each.