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 | #Ppl | 2477 Avg | 2477 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 6,520 | ||
| Income | ||||
| Salary or Wage | 69% | 4,495 | $43,377 | $194,981,687 |
| Gross Interest | 62% | 4,035 | $2,343 | $9,455,573 |
| Unfranked Dividends | 12% | 765 | $387 | $296,359 |
| Franked Dividends | 35% | 2,255 | $3,381 | $7,623,951 |
| Dividend Franking Credit | 34% | 2,245 | $1,455 | $3,266,358 |
| Capital Gains | 5% | 330 | $7,740 | $2,554,270 |
| Termination Payouts | 1% | 70 | $13,024 | $911,665 |
| Tips/Directors Fees etc | 20% | 1,275 | $2,282 | $2,909,873 |
| Business Income | 12% | 780 | $17,143 | $13,371,729 |
| Foreign Income | 7% | 450 | $657 | $295,792 |
| Government payments | 9% | 560 | $5,335 | $2,987,699 |
| Government pensions | 9% | 610 | $9,033 | $5,510,315 |
| Total Income or Loss | 100% | 6,500 | $43,380 | $281,967,240 |
| Deducations | ||||
| Charitable Gifts | 36% | 2,350 | $411 | $965,486 |
| Cost of Tax Affairs | 49% | 3,190 | $321 | $1,023,451 |
| Work Car expenses | 24% | 1,565 | $1,963 | $3,071,354 |
| Work Travel expenses | 6% | 400 | $2,151 | $860,463 |
| Self Education expenses | 4% | 290 | $1,454 | $421,774 |
| Total Deductions | 79% | 5,130 | $2,719 | $13,946,811 |
| Taxation | ||||
| Taxable Income | 99% | 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.