TaxStats for postcode 2463 FY2013

Postcode 2463 includes Ashby, Ashby Heights, Ashby Island, Brooms Head, Gulmarrad, Ilarwill, Jacky Bulbin Flat, James Creek, Maclean, Palmers Channel, Palmers Island, Sandon, Shark Creek, Taloumbi, The Sandon, Townsend, Tullymorgan, Woodford Island in New South Wales, and is in the federal electorate of Page.

In FY 2013 the ATO recorded 3,480 individuals in postcode 2463. Of these people, 3,440 made a taxable income or loss. 2,440 of the population paid a gross amount of tax. After tax offsets, 2,085 people actually paid a net amount of tax. There were 1,355 non-taxable people who paid net tax of $0.

Compare TaxStats of 2463 with NSW

2463 TaxStats FY2013%Ppl#Ppl2463
Avg
2463
Total
Total Individuals100%3,480
Income
Salary or Wage 69%2,385$41,988$100,141,343
Gross Interest58%2,010$2,358$4,739,580
Unfranked Dividends9%330$582$191,966
Franked Dividends29%1,020$2,245$2,289,759
Dividend Franking Credit29%1,015$967$981,630
Capital Gains4%130$9,023$1,173,002
Termination Payouts2%55$11,452$629,840
Tips/Directors Fees etc24%825$2,579$2,127,701
Business Income12%425$9,209$3,913,909
Foreign Income4%140$1,035$144,868
Government payments12%425$5,200$2,210,054
Government pensions10%350$9,184$3,214,308
Total Income or Loss100%3,465$38,598$133,743,405
Deducations
Charitable Gifts29%1,005$279$280,733
Cost of Tax Affairs45%1,550$258$399,396
Work Car expenses23%800$2,112$1,689,530
Work Travel expenses5%190$2,799$531,781
Self Education expenses4%140$1,676$234,710
Total Deductions76%2,640$2,299$6,069,346
Taxation
Taxable Income99%3,440$36,902$126,944,248
Medicare Levy 55%1,930$803$1,549,913
Medicare Surcharge 1%35$1,251$43,790
Gross Tax 70%2,440$8,585$20,947,563
Net Tax 60%2,085$9,850$20,537,481
Average Tax 100%3,480 $5,902$20,537,481
Gross Tax Rate 70%2,440 23%$20,947,563
Net Tax Rate 60%2,085 27%$20,537,481
Average Tax Rate 100%3,480 16%$20,537,481
%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 $36,902. It is estimated that the average taxable income for people who paid a net amount of tax was $53086.

The average net tax paid was $9,850. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 1,930 people for an average of $803. 35 people paid $1,251 on average more for the Medicare surcharge.

2,385 people earned a salary or wage and took home an average of $41,988 each.

Government allowance and payments were collected by 425 people for on average $5,200. 350 people received the pension or other allowance.

Charitable gifts and donations of an average of $279 were made by 1,005 people.

The costs of tax affairs for 1,550 people were claimed for $258 each.