TaxStats for postcode 2471 FY2013
Postcode 2471 includes Bora Ridge, Codrington, Coraki, East Coraki, Green Forest, Greenridge, North Woodburn, Swan Bay, Tatham, West Bungawalbin, West Coraki in New South Wales, and is in the federal electorate of Page.
In FY 2013 the ATO recorded 1,140 individuals in postcode 2471. Of these people, 1,120 made a taxable income or loss. 805 of the population paid a gross amount of tax. After tax offsets, 695 people actually paid a net amount of tax. There were 425 non-taxable people who paid net tax of $0.
Compare TaxStats of 2471 with NSW
| 2471 TaxStats FY2013 | %Ppl | #Ppl | 2471 Avg | 2471 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 1,140 | ||
| Income | ||||
| Salary or Wage | 71% | 810 | $38,972 | $31,567,064 |
| Gross Interest | 53% | 605 | $1,857 | $1,123,257 |
| Unfranked Dividends | 8% | 95 | $228 | $21,683 |
| Franked Dividends | 27% | 305 | $1,199 | $365,546 |
| Dividend Franking Credit | 27% | 305 | $514 | $156,628 |
| Capital Gains | 3% | 35 | $10,148 | $355,195 |
| Termination Payouts | 2% | 20 | $5,747 | $114,942 |
| Tips/Directors Fees etc | 25% | 285 | $1,876 | $534,539 |
| Business Income | 14% | 155 | $3,710 | $575,027 |
| Foreign Income | 4% | 40 | $660 | $26,382 |
| Government payments | 11% | 125 | $5,160 | $645,025 |
| Government pensions | 9% | 105 | $9,893 | $1,038,716 |
| Total Income or Loss | 100% | 1,135 | $33,352 | $37,854,282 |
| Deducations | ||||
| Charitable Gifts | 30% | 345 | $192 | $66,070 |
| Cost of Tax Affairs | 47% | 540 | $253 | $136,498 |
| Work Car expenses | 22% | 255 | $1,887 | $481,211 |
| Work Travel expenses | 4% | 50 | $2,404 | $120,207 |
| Self Education expenses | 3% | 35 | $1,462 | $51,180 |
| Total Deductions | 75% | 850 | $2,089 | $1,775,893 |
| Taxation | ||||
| Taxable Income | 98% | 1,120 | $31,896 | $35,723,963 |
| Medicare Levy | 57% | 650 | $688 | $447,270 |
| Medicare Surcharge | 1% | 10 | $1,212 | $12,118 |
| Gross Tax | 71% | 805 | $6,445 | $5,188,481 |
| Net Tax | 61% | 695 | $7,347 | $5,106,077 |
| Average Tax | 100% | 1,140 | $4,479 | $5,106,077 |
| Gross Tax Rate | 71% | 805 | 20% | $5,188,481 |
| Net Tax Rate | 61% | 695 | 23% | $5,106,077 |
| Average Tax Rate | 100% | 1,140 | 14% | $5,106,077 |
| %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 $31,896. It is estimated that the average taxable income for people who paid a net amount of tax was $44063.
The average net tax paid was $7,347. This equates to an average tax of 23 cents in the dollar on taxable income.
The Medicare levy was paid by 650 people for an average of $688. 10 people paid $1,212 on average more for the Medicare surcharge.
810 people earned a salary or wage and took home an average of $38,972 each.
Government allowance and payments were collected by 125 people for on average $5,160. 105 people received the pension or other allowance.
Charitable gifts and donations of an average of $192 were made by 345 people.
The costs of tax affairs for 540 people were claimed for $253 each.