TaxStats for postcode 2456 FY2013
Postcode 2456 includes Arrawarra, Arrawarra, Arrawarra Headland, Arrawarra Headland, Corindi Beach, Corindi Beach, Dirty Creek, Emerald Beach, Emerald Beach, Mullaway, Mullaway, Red Rock, Red Rock, Safety Beach, Safety Beach, Sandy Beach, Sandy Beach, Upper Corindi, Upper Corindi, Woolgoolga, Woolgoolga in New South Wales, and is in the federal electorate of Cowper.
In FY 2013 the ATO recorded 7,660 individuals in postcode 2456. Of these people, 7,605 made a taxable income or loss. 5,610 of the population paid a gross amount of tax. After tax offsets, 4,975 people actually paid a net amount of tax. There were 2,630 non-taxable people who paid net tax of $0.
Compare TaxStats of 2456 with NSW
| 2456 TaxStats FY2013 | %Ppl | #Ppl | 2456 Avg | 2456 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 7,660 | ||
| Income | ||||
| Salary or Wage | 74% | 5,685 | $41,747 | $237,333,043 |
| Gross Interest | 55% | 4,245 | $1,944 | $8,253,246 |
| Unfranked Dividends | 8% | 590 | $730 | $430,811 |
| Franked Dividends | 25% | 1,880 | $2,746 | $5,161,725 |
| Dividend Franking Credit | 25% | 1,880 | $1,178 | $2,214,519 |
| Capital Gains | 3% | 235 | $6,470 | $1,520,553 |
| Termination Payouts | 1% | 100 | $7,761 | $776,140 |
| Tips/Directors Fees etc | 21% | 1,575 | $2,724 | $4,290,593 |
| Business Income | 9% | 700 | $16,508 | $11,555,543 |
| Foreign Income | 4% | 295 | $882 | $260,059 |
| Government payments | 11% | 880 | $5,304 | $4,667,274 |
| Government pensions | 8% | 585 | $9,301 | $5,440,942 |
| Total Income or Loss | 100% | 7,640 | $41,395 | $316,258,229 |
| Deducations | ||||
| Charitable Gifts | 30% | 2,305 | $259 | $595,950 |
| Cost of Tax Affairs | 48% | 3,685 | $284 | $1,048,210 |
| Work Car expenses | 24% | 1,835 | $2,297 | $4,215,543 |
| Work Travel expenses | 7% | 570 | $2,408 | $1,372,317 |
| Self Education expenses | 4% | 275 | $1,486 | $408,668 |
| Total Deductions | 78% | 5,950 | $2,532 | $15,064,557 |
| Taxation | ||||
| Taxable Income | 99% | 7,605 | $39,472 | $300,181,926 |
| Medicare Levy | 61% | 4,650 | $809 | $3,763,890 |
| Medicare Surcharge | 1% | 100 | $1,116 | $111,560 |
| Gross Tax | 73% | 5,610 | $8,851 | $49,653,483 |
| Net Tax | 65% | 4,975 | $9,834 | $48,925,571 |
| Average Tax | 100% | 7,660 | $6,387 | $48,925,571 |
| Gross Tax Rate | 73% | 5,610 | 22% | $49,653,483 |
| Net Tax Rate | 65% | 4,975 | 25% | $48,925,571 |
| Average Tax Rate | 100% | 7,660 | 16% | $48,925,571 |
| %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 $39,472. It is estimated that the average taxable income for people who paid a net amount of tax was $53994.
The average net tax paid was $9,834. This equates to an average tax of 25 cents in the dollar on taxable income.
The Medicare levy was paid by 4,650 people for an average of $809. 100 people paid $1,116 on average more for the Medicare surcharge.
5,685 people earned a salary or wage and took home an average of $41,747 each.
Government allowance and payments were collected by 880 people for on average $5,304. 585 people received the pension or other allowance.
Charitable gifts and donations of an average of $259 were made by 2,305 people.
The costs of tax affairs for 3,685 people were claimed for $284 each.