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 | #Ppl | 2454 Avg | 2454 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 3,840 | ||
| Income | ||||
| Salary or Wage | 67% | 2,575 | $43,067 | $110,897,968 |
| Gross Interest | 61% | 2,335 | $2,513 | $5,868,093 |
| Unfranked Dividends | 9% | 360 | $703 | $253,237 |
| Franked Dividends | 28% | 1,065 | $3,925 | $4,179,944 |
| Dividend Franking Credit | 28% | 1,060 | $1,687 | $1,788,678 |
| Capital Gains | 4% | 165 | $13,609 | $2,245,550 |
| Termination Payouts | 1% | 50 | $11,843 | $592,142 |
| Tips/Directors Fees etc | 22% | 855 | $2,201 | $1,881,785 |
| Business Income | 17% | 650 | $13,304 | $8,647,800 |
| Foreign Income | 6% | 230 | $1,529 | $351,706 |
| Government payments | 13% | 510 | $5,978 | $3,048,897 |
| Government pensions | 9% | 330 | $9,335 | $3,080,530 |
| Total Income or Loss | 100% | 3,825 | $41,782 | $159,817,907 |
| Deducations | ||||
| Charitable Gifts | 29% | 1,120 | $580 | $649,708 |
| Cost of Tax Affairs | 48% | 1,835 | $301 | $552,543 |
| Work Car expenses | 20% | 775 | $2,150 | $1,666,556 |
| Work Travel expenses | 8% | 300 | $2,054 | $616,076 |
| Self Education expenses | 4% | 155 | $1,830 | $283,675 |
| Total Deductions | 76% | 2,935 | $2,577 | $7,563,461 |
| Taxation | ||||
| Taxable Income | 99% | 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.