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#Ppl2456
Total Individuals100%7,660
Salary or Wage 74%5,685$41,747$237,333,043
Gross Interest55%4,245$1,944$8,253,246
Unfranked Dividends8%590$730$430,811
Franked Dividends25%1,880$2,746$5,161,725
Dividend Franking Credit25%1,880$1,178$2,214,519
Capital Gains3%235$6,470$1,520,553
Termination Payouts1%100$7,761$776,140
Tips/Directors Fees etc21%1,575$2,724$4,290,593
Business Income9%700$16,508$11,555,543
Foreign Income4%295$882$260,059
Government payments11%880$5,304$4,667,274
Government pensions8%585$9,301$5,440,942
Total Income or Loss100%7,640$41,395$316,258,229
Charitable Gifts30%2,305$259$595,950
Cost of Tax Affairs48%3,685$284$1,048,210
Work Car expenses24%1,835$2,297$4,215,543
Work Travel expenses7%570$2,408$1,372,317
Self Education expenses4%275$1,486$408,668
Total Deductions78%5,950$2,532$15,064,557
Taxable Income99%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.