TaxStats for postcode 2454 FY2013

Postcode 2454 includes Bellingen, Brierfield, Buffer Creek, Bundagen, Darkwood, Fernmount, Gleniffer, Gordonville, Hydes Creek, Kalang, Kooroowi, Marx Hill, Mylestom, North Bellingen, Orama, Promised Land, Raleigh, Repton, Scotchman, Spicketts Creek, Thora, Upper Thora, Valery in New South Wales, and is in the federal electorate of Cowper.

In FY 2013 the ATO recorded 3,840 individuals in postcode 2454. Of these people, 3,800 made a taxable income or loss. 2,795 of the population paid a gross amount of tax. After tax offsets, 2,415 people actually paid a net amount of tax. There were 1,385 non-taxable people who paid net tax of $0.

Compare TaxStats of 2454 with NSW

2454 TaxStats FY2013%Ppl#Ppl2454
Total Individuals100%3,840
Salary or Wage 67%2,575$43,067$110,897,968
Gross Interest61%2,335$2,513$5,868,093
Unfranked Dividends9%360$703$253,237
Franked Dividends28%1,065$3,925$4,179,944
Dividend Franking Credit28%1,060$1,687$1,788,678
Capital Gains4%165$13,609$2,245,550
Termination Payouts1%50$11,843$592,142
Tips/Directors Fees etc22%855$2,201$1,881,785
Business Income17%650$13,304$8,647,800
Foreign Income6%230$1,529$351,706
Government payments13%510$5,978$3,048,897
Government pensions9%330$9,335$3,080,530
Total Income or Loss100%3,825$41,782$159,817,907
Charitable Gifts29%1,120$580$649,708
Cost of Tax Affairs48%1,835$301$552,543
Work Car expenses20%775$2,150$1,666,556
Work Travel expenses8%300$2,054$616,076
Self Education expenses4%155$1,830$283,675
Total Deductions76%2,935$2,577$7,563,461
Taxable Income99%3,800$39,804$151,254,056
Medicare Levy 59%2,255$832$1,875,313
Medicare Surcharge 1%55$1,158$63,665
Gross Tax 73%2,795$9,123$25,499,523
Net Tax 63%2,415$10,483$25,316,748
Average Tax 100%3,840 $6,593$25,316,748
Gross Tax Rate 73%2,795 23%$25,499,523
Net Tax Rate 63%2,415 26%$25,316,748
Average Tax Rate 100%3,840 17%$25,316,748
%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 $39,804. It is estimated that the average taxable income for people who paid a net amount of tax was $55749.

The average net tax paid was $10,483. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 2,255 people for an average of $832. 55 people paid $1,158 on average more for the Medicare surcharge.

2,575 people earned a salary or wage and took home an average of $43,067 each.

Government allowance and payments were collected by 510 people for on average $5,978. 330 people received the pension or other allowance.

Charitable gifts and donations of an average of $580 were made by 1,120 people.

The costs of tax affairs for 1,835 people were claimed for $301 each.