TaxStats for postcode 2445 FY2013

Postcode 2445 includes Bonny Hills, Grants Beach, Jolly Nose, Lake Cathie in New South Wales, and is in the federal electorate of Lyne.

In FY 2013 the ATO recorded 3,265 individuals in postcode 2445. Of these people, 3,250 made a taxable income or loss. 2,440 of the population paid a gross amount of tax. After tax offsets, 2,150 people actually paid a net amount of tax. There were 1,100 non-taxable people who paid net tax of $0.

Compare TaxStats of 2445 with NSW

2445 TaxStats FY2013%Ppl#Ppl2445
Avg
2445
Total
Total Individuals100%3,265
Income
Salary or Wage 71%2,310$46,735$107,957,259
Gross Interest61%2,000$1,638$3,276,571
Unfranked Dividends9%310$458$141,963
Franked Dividends34%1,095$3,680$4,029,360
Dividend Franking Credit33%1,090$1,585$1,727,966
Capital Gains5%165$10,779$1,778,578
Termination Payouts1%45$17,098$769,400
Tips/Directors Fees etc20%650$3,256$2,116,660
Business Income11%360$18,645$6,712,067
Foreign Income6%180$297$53,531
Government payments10%315$5,336$1,680,828
Government pensions9%290$9,186$2,663,876
Total Income or Loss100%3,255$44,922$146,222,252
Deducations
Charitable Gifts37%1,220$287$350,165
Cost of Tax Affairs52%1,690$300$506,894
Work Car expenses24%785$2,324$1,824,065
Work Travel expenses8%250$3,734$933,464
Self Education expenses4%145$1,849$268,122
Total Deductions79%2,590$2,668$6,910,859
Taxation
Taxable Income100%3,250$42,779$139,032,199
Medicare Levy 63%2,055$868$1,783,097
Medicare Surcharge 1%40$1,425$56,992
Gross Tax 75%2,440$10,131$24,719,674
Net Tax 66%2,150$11,319$24,335,396
Average Tax 100%3,265 $7,453$24,335,396
Gross Tax Rate 75%2,440 24%$24,719,674
Net Tax Rate 66%2,150 26%$24,335,396
Average Tax Rate 100%3,265 17%$24,335,396
%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 $42,779. It is estimated that the average taxable income for people who paid a net amount of tax was $58527.

The average net tax paid was $11,319. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 2,055 people for an average of $868. 40 people paid $1,425 on average more for the Medicare surcharge.

2,310 people earned a salary or wage and took home an average of $46,735 each.

Government allowance and payments were collected by 315 people for on average $5,336. 290 people received the pension or other allowance.

Charitable gifts and donations of an average of $287 were made by 1,220 people.

The costs of tax affairs for 1,690 people were claimed for $300 each.