TaxStats for postcode 2481 FY2013
Postcode 2481 includes Broken Head, Byron Bay, Ewingsdale, Hayters Hill, Myocum, Skinners Shoot, Suffolk Park, Talofa, Tyagarah in New South Wales, and is in the federal electorate of Richmond.
In FY 2013 the ATO recorded 7,705 individuals in postcode 2481. Of these people, 7,605 made a taxable income or loss. 5,395 of the population paid a gross amount of tax. After tax offsets, 4,745 people actually paid a net amount of tax. There were 2,860 non-taxable people who paid net tax of $0.
Compare TaxStats of 2481 with NSW
| 2481 TaxStats FY2013 | %Ppl | #Ppl | 2481 Avg | 2481 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 7,705 | ||
| Income | ||||
| Salary or Wage | 64% | 4,960 | $37,471 | $185,855,920 |
| Gross Interest | 57% | 4,370 | $2,923 | $12,775,155 |
| Unfranked Dividends | 7% | 530 | $916 | $485,254 |
| Franked Dividends | 22% | 1,720 | $10,192 | $17,530,948 |
| Dividend Franking Credit | 22% | 1,710 | $4,392 | $7,510,804 |
| Capital Gains | 4% | 335 | $31,591 | $10,582,851 |
| Termination Payouts | 1% | 65 | $9,805 | $637,296 |
| Tips/Directors Fees etc | 14% | 1,050 | $4,348 | $4,565,379 |
| Business Income | 21% | 1,620 | $15,891 | $25,743,762 |
| Foreign Income | 5% | 370 | $7,751 | $2,867,959 |
| Government payments | 14% | 1,095 | $5,759 | $6,306,095 |
| Government pensions | 5% | 355 | $9,329 | $3,311,684 |
| Total Income or Loss | 99% | 7,665 | $45,552 | $349,159,565 |
| Deducations | ||||
| Charitable Gifts | 23% | 1,755 | $572 | $1,004,065 |
| Cost of Tax Affairs | 43% | 3,305 | $504 | $1,665,065 |
| Work Car expenses | 18% | 1,395 | $2,450 | $3,417,871 |
| Work Travel expenses | 7% | 515 | $1,944 | $1,001,051 |
| Self Education expenses | 3% | 245 | $1,717 | $420,561 |
| Total Deductions | 71% | 5,460 | $3,249 | $17,738,244 |
| Taxation | ||||
| Taxable Income | 99% | 7,605 | $43,306 | $329,345,719 |
| Medicare Levy | 59% | 4,535 | $938 | $4,253,250 |
| Medicare Surcharge | 2% | 120 | $1,347 | $161,595 |
| Gross Tax | 70% | 5,395 | $12,107 | $65,315,926 |
| Net Tax | 62% | 4,745 | $13,809 | $65,522,860 |
| Average Tax | 100% | 7,705 | $8,504 | $65,522,860 |
| Gross Tax Rate | 70% | 5,395 | 28% | $65,315,926 |
| Net Tax Rate | 62% | 4,745 | 32% | $65,522,860 |
| Average Tax Rate | 100% | 7,705 | 20% | $65,522,860 |
| %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 $43,306. It is estimated that the average taxable income for people who paid a net amount of tax was $62176.
The average net tax paid was $13,809. This equates to an average tax of 32 cents in the dollar on taxable income.
The Medicare levy was paid by 4,535 people for an average of $938. 120 people paid $1,347 on average more for the Medicare surcharge.
4,960 people earned a salary or wage and took home an average of $37,471 each.
Government allowance and payments were collected by 1,095 people for on average $5,759. 355 people received the pension or other allowance.
Charitable gifts and donations of an average of $572 were made by 1,755 people.
The costs of tax affairs for 3,305 people were claimed for $504 each.