TaxStats for postcode 2444 FY2013

Postcode 2444 includes Blackmans Point, Fernbank Creek, Flynns Beach, Lighthouse Beach, Limeburners Creek, North Shore, Port Macquarie, Riverside, Settlement City, The Hatch, Thrumster in New South Wales, and is in the federal electorate of Lyne.

In FY 2013 the ATO recorded 23,440 individuals in postcode 2444. Of these people, 23,310 made a taxable income or loss. 17,965 of the population paid a gross amount of tax. After tax offsets, 15,740 people actually paid a net amount of tax. There were 7,570 non-taxable people who paid net tax of $0.

Compare TaxStats of 2444 with NSW

2444 TaxStats FY2013%Ppl#Ppl2444
Avg
2444
Total
Total Individuals100%23,440
Income
Salary or Wage 71%16,660$46,765$779,111,005
Gross Interest60%14,015$2,269$31,804,949
Unfranked Dividends10%2,280$780$1,778,018
Franked Dividends31%7,330$5,536$40,580,036
Dividend Franking Credit31%7,305$2,380$17,384,726
Capital Gains4%1,045$8,355$8,731,264
Termination Payouts1%270$14,727$3,976,230
Tips/Directors Fees etc20%4,685$2,731$12,794,024
Business Income9%2,205$25,415$56,039,820
Foreign Income6%1,395$3,019$4,211,758
Government payments9%2,225$5,305$11,804,191
Government pensions10%2,420$9,074$21,958,909
Total Income or Loss100%23,385$46,829$1,095,092,824
Deducations
Charitable Gifts37%8,750$376$3,290,559
Cost of Tax Affairs51%11,865$330$3,911,715
Work Car expenses24%5,580$2,275$12,696,869
Work Travel expenses7%1,670$2,159$3,604,704
Self Education expenses4%1,050$1,542$1,619,563
Total Deductions81%18,900$2,627$49,644,288
Taxation
Taxable Income99%23,310$44,722$1,042,472,623
Medicare Levy 63%14,820$903$13,389,021
Medicare Surcharge 1%220$1,199$263,872
Gross Tax 77%17,965$10,733$192,823,091
Net Tax 67%15,740$12,236$192,590,563
Average Tax 100%23,440 $8,216$192,590,563
Gross Tax Rate 77%17,965 24%$192,823,091
Net Tax Rate 67%15,740 27%$192,590,563
Average Tax Rate 100%23,440 18%$192,590,563
%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 $44,722. It is estimated that the average taxable income for people who paid a net amount of tax was $60460.

The average net tax paid was $12,236. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 14,820 people for an average of $903. 220 people paid $1,199 on average more for the Medicare surcharge.

16,660 people earned a salary or wage and took home an average of $46,765 each.

Government allowance and payments were collected by 2,225 people for on average $5,305. 2,420 people received the pension or other allowance.

Charitable gifts and donations of an average of $376 were made by 8,750 people.

The costs of tax affairs for 11,865 people were claimed for $330 each.