TaxStats for postcode 2450 FY2013
Postcode 2450 includes Boambee, Bonville, Brooklana, Bucca, Bucca, Coffs Harbour, Coffs Harbour Jetty, Coffs Harbour Plaza, Coramba, Coramba, Dairyville, Glenreagh, Glenreagh, Karangi, Karangi, Korora, Korora, Lowanna, Lowanna, Lower Bucca, Moonee Beach, Moonee Beach, Nana Glen, Nana Glen, North Boambee Valley, Sapphire Beach, Sapphire Beach, Sherwood, Ulong, Upper Orara in New South Wales, and is in the federal electorate of Cowper.
In FY 2013 the ATO recorded 22,165 individuals in postcode 2450. Of these people, 22,015 made a taxable income or loss. 17,060 of the population paid a gross amount of tax. After tax offsets, 15,095 people actually paid a net amount of tax. There were 6,920 non-taxable people who paid net tax of $0.
Compare TaxStats of 2450 with NSW
| 2450 TaxStats FY2013 | %Ppl | #Ppl | 2450 Avg | 2450 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 22,165 | ||
| Income | ||||
| Salary or Wage | 75% | 16,570 | $44,513 | $737,576,754 |
| Gross Interest | 58% | 12,950 | $2,068 | $26,783,539 |
| Unfranked Dividends | 9% | 1,990 | $500 | $994,972 |
| Franked Dividends | 27% | 6,050 | $5,114 | $30,941,121 |
| Dividend Franking Credit | 27% | 6,030 | $2,198 | $13,252,429 |
| Capital Gains | 4% | 930 | $8,817 | $8,199,809 |
| Termination Payouts | 1% | 295 | $10,984 | $3,240,242 |
| Tips/Directors Fees etc | 22% | 4,825 | $2,897 | $13,978,763 |
| Business Income | 10% | 2,165 | $22,421 | $48,540,672 |
| Foreign Income | 5% | 1,190 | $718 | $854,080 |
| Government payments | 11% | 2,370 | $5,567 | $13,193,124 |
| Government pensions | 8% | 1,825 | $9,210 | $16,808,343 |
| Total Income or Loss | 100% | 22,095 | $46,672 | $1,031,214,868 |
| Deducations | ||||
| Charitable Gifts | 32% | 7,120 | $311 | $2,211,164 |
| Cost of Tax Affairs | 48% | 10,745 | $309 | $3,323,156 |
| Work Car expenses | 22% | 4,970 | $2,270 | $11,280,679 |
| Work Travel expenses | 8% | 1,680 | $2,499 | $4,198,232 |
| Self Education expenses | 4% | 875 | $1,601 | $1,400,800 |
| Total Deductions | 81% | 17,975 | $2,633 | $47,332,481 |
| Taxation | ||||
| Taxable Income | 99% | 22,015 | $44,525 | $980,223,022 |
| Medicare Levy | 64% | 14,285 | $890 | $12,709,254 |
| Medicare Surcharge | 1% | 265 | $1,236 | $327,564 |
| Gross Tax | 77% | 17,060 | $10,663 | $181,915,463 |
| Net Tax | 68% | 15,095 | $11,748 | $177,330,377 |
| Average Tax | 100% | 22,165 | $8,000 | $177,330,377 |
| Gross Tax Rate | 77% | 17,060 | 24% | $181,915,463 |
| Net Tax Rate | 68% | 15,095 | 26% | $177,330,377 |
| Average Tax Rate | 100% | 22,165 | 18% | $177,330,377 |
| %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 $44,525. It is estimated that the average taxable income for people who paid a net amount of tax was $59436.
The average net tax paid was $11,748. This equates to an average tax of 26 cents in the dollar on taxable income.
The Medicare levy was paid by 14,285 people for an average of $890. 265 people paid $1,236 on average more for the Medicare surcharge.
16,570 people earned a salary or wage and took home an average of $44,513 each.
Government allowance and payments were collected by 2,370 people for on average $5,567. 1,825 people received the pension or other allowance.
Charitable gifts and donations of an average of $311 were made by 7,120 people.
The costs of tax affairs for 10,745 people were claimed for $309 each.