TaxStats for postcode 2477 FY2013

Postcode 2477 includes Alstonvale, Alstonville, Bagotville, Cabbage Tree Island, Dalwood, East Wardell, Goat Island, Lynwood, Meerschaum Vale, Pearces Creek, Rous, Rous Mill, Tuckombil, Uralba, Wardell, Wollongbar in New South Wales, and is in the federal electorate of Page.

In FY 2013 the ATO recorded 6,520 individuals in postcode 2477. Of these people, 6,455 made a taxable income or loss. 4,835 of the population paid a gross amount of tax. After tax offsets, 4,270 people actually paid a net amount of tax. There were 2,185 non-taxable people who paid net tax of $0.

Compare TaxStats of 2477 with NSW

2477 TaxStats FY2013%Ppl#Ppl2477
Total Individuals100%6,520
Salary or Wage 69%4,495$43,377$194,981,687
Gross Interest62%4,035$2,343$9,455,573
Unfranked Dividends12%765$387$296,359
Franked Dividends35%2,255$3,381$7,623,951
Dividend Franking Credit34%2,245$1,455$3,266,358
Capital Gains5%330$7,740$2,554,270
Termination Payouts1%70$13,024$911,665
Tips/Directors Fees etc20%1,275$2,282$2,909,873
Business Income12%780$17,143$13,371,729
Foreign Income7%450$657$295,792
Government payments9%560$5,335$2,987,699
Government pensions9%610$9,033$5,510,315
Total Income or Loss100%6,500$43,380$281,967,240
Charitable Gifts36%2,350$411$965,486
Cost of Tax Affairs49%3,190$321$1,023,451
Work Car expenses24%1,565$1,963$3,071,354
Work Travel expenses6%400$2,151$860,463
Self Education expenses4%290$1,454$421,774
Total Deductions79%5,130$2,719$13,946,811
Taxable Income99%6,455$41,371$267,049,363
Medicare Levy 62%4,030$850$3,423,951
Medicare Surcharge 1%50$1,402$70,076
Gross Tax 74%4,835$9,772$47,248,279
Net Tax 65%4,270$10,913$46,599,550
Average Tax 100%6,520 $7,147$46,599,550
Gross Tax Rate 74%4,835 24%$47,248,279
Net Tax Rate 65%4,270 26%$46,599,550
Average Tax Rate 100%6,520 17%$46,599,550
%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 $41,371. It is estimated that the average taxable income for people who paid a net amount of tax was $56400.

The average net tax paid was $10,913. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 4,030 people for an average of $850. 50 people paid $1,402 on average more for the Medicare surcharge.

4,495 people earned a salary or wage and took home an average of $43,377 each.

Government allowance and payments were collected by 560 people for on average $5,335. 610 people received the pension or other allowance.

Charitable gifts and donations of an average of $411 were made by 2,350 people.

The costs of tax affairs for 3,190 people were claimed for $321 each.