TaxStats for postcode 2478 FY2013
Postcode 2478 includes Ballina, Coolgardie, Cumbalum, East Ballina, Empire Vale, Keith Hall, Lennox Head, Patchs Beach, Pimlico, Pimlico Island, Skennars Head, South Ballina, Teven, Tintenbar, West Ballina in New South Wales, and is in the federal electorate of Page.
In FY 2013 the ATO recorded 15,300 individuals in postcode 2478. Of these people, 15,180 made a taxable income or loss. 11,705 of the population paid a gross amount of tax. After tax offsets, 10,275 people actually paid a net amount of tax. There were 4,905 non-taxable people who paid net tax of $0.
Compare TaxStats of 2478 with NSW
| 2478 TaxStats FY2013 | %Ppl | #Ppl | 2478 Avg | 2478 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 15,300 | ||
| Income | ||||
| Salary or Wage | 70% | 10,745 | $45,113 | $484,737,096 |
| Gross Interest | 60% | 9,200 | $2,659 | $24,459,514 |
| Unfranked Dividends | 10% | 1,490 | $694 | $1,033,904 |
| Franked Dividends | 29% | 4,495 | $6,116 | $27,492,279 |
| Dividend Franking Credit | 29% | 4,475 | $2,632 | $11,776,823 |
| Capital Gains | 5% | 690 | $28,221 | $19,472,719 |
| Termination Payouts | 1% | 205 | $11,827 | $2,424,584 |
| Tips/Directors Fees etc | 20% | 3,090 | $2,680 | $8,282,403 |
| Business Income | 11% | 1,750 | $21,470 | $37,573,134 |
| Foreign Income | 6% | 930 | $1,277 | $1,187,404 |
| Government payments | 11% | 1,630 | $5,203 | $8,481,677 |
| Government pensions | 9% | 1,345 | $8,689 | $11,686,521 |
| Total Income or Loss | 100% | 15,255 | $47,995 | $732,163,037 |
| Deducations | ||||
| Charitable Gifts | 35% | 5,305 | $302 | $1,599,786 |
| Cost of Tax Affairs | 52% | 7,945 | $336 | $2,671,880 |
| Work Car expenses | 26% | 4,005 | $2,245 | $8,991,336 |
| Work Travel expenses | 8% | 1,165 | $1,849 | $2,154,645 |
| Self Education expenses | 5% | 760 | $1,491 | $1,133,330 |
| Total Deductions | 80% | 12,275 | $3,014 | $37,000,917 |
| Taxation | ||||
| Taxable Income | 99% | 15,180 | $45,617 | $692,461,410 |
| Medicare Levy | 63% | 9,715 | $925 | $8,984,861 |
| Medicare Surcharge | 1% | 180 | $1,268 | $228,317 |
| Gross Tax | 77% | 11,705 | $11,411 | $133,567,582 |
| Net Tax | 67% | 10,275 | $12,986 | $133,434,389 |
| Average Tax | 100% | 15,300 | $8,721 | $133,434,389 |
| Gross Tax Rate | 77% | 11,705 | 25% | $133,567,582 |
| Net Tax Rate | 67% | 10,275 | 28% | $133,434,389 |
| Average Tax Rate | 100% | 15,300 | 19% | $133,434,389 |
| %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 $45,617. It is estimated that the average taxable income for people who paid a net amount of tax was $61664.
The average net tax paid was $12,986. This equates to an average tax of 28 cents in the dollar on taxable income.
The Medicare levy was paid by 9,715 people for an average of $925. 180 people paid $1,268 on average more for the Medicare surcharge.
10,745 people earned a salary or wage and took home an average of $45,113 each.
Government allowance and payments were collected by 1,630 people for on average $5,203. 1,345 people received the pension or other allowance.
Charitable gifts and donations of an average of $302 were made by 5,305 people.
The costs of tax affairs for 7,945 people were claimed for $336 each.