TaxStats for postcode 2483 FY2013
Postcode 2483 includes Billinudgel, Billinudgel, Brunswick Heads, Brunswick Heads, Burringbar, Burringbar, Crabbes Creek, Crabbes Creek, Middle Pocket, Middle Pocket, Mooball, Mooball, New Brighton, New Brighton, Ocean Shores, Ocean Shores, Sleepy Hollow, Sleepy Hollow, South Golden Beach, South Golden Beach, The Pocket, The Pocket, Upper Burringbar, Upper Burringbar, Wooyung, Wooyung, Yelgun, Yelgun in New South Wales, and is in the federal electorate of Richmond.
In FY 2013 the ATO recorded 5,645 individuals in postcode 2483. Of these people, 5,605 made a taxable income or loss. 4,155 of the population paid a gross amount of tax. After tax offsets, 3,580 people actually paid a net amount of tax. There were 2,025 non-taxable people who paid net tax of $0.
Compare TaxStats of 2483 with NSW
| 2483 TaxStats FY2013 | %Ppl | #Ppl | 2483 Avg | 2483 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 5,645 | ||
| Income | ||||
| Salary or Wage | 66% | 3,720 | $41,513 | $154,429,795 |
| Gross Interest | 59% | 3,320 | $2,291 | $7,605,682 |
| Unfranked Dividends | 8% | 455 | $602 | $274,069 |
| Franked Dividends | 24% | 1,375 | $3,936 | $5,412,318 |
| Dividend Franking Credit | 24% | 1,370 | $1,693 | $2,318,838 |
| Capital Gains | 4% | 240 | $10,185 | $2,444,294 |
| Termination Payouts | 2% | 90 | $9,233 | $831,014 |
| Tips/Directors Fees etc | 18% | 995 | $3,020 | $3,005,350 |
| Business Income | 20% | 1,120 | $13,976 | $15,653,415 |
| Foreign Income | 5% | 295 | $2,333 | $688,152 |
| Government payments | 16% | 875 | $5,387 | $4,713,958 |
| Government pensions | 8% | 460 | $9,151 | $4,209,658 |
| Total Income or Loss | 100% | 5,635 | $40,640 | $229,004,121 |
| Deducations | ||||
| Charitable Gifts | 29% | 1,640 | $364 | $597,587 |
| Cost of Tax Affairs | 49% | 2,765 | $336 | $929,729 |
| Work Car expenses | 25% | 1,435 | $2,406 | $3,453,164 |
| Work Travel expenses | 7% | 415 | $2,254 | $935,465 |
| Self Education expenses | 4% | 225 | $1,703 | $383,242 |
| Total Deductions | 76% | 4,270 | $2,720 | $11,612,985 |
| Taxation | ||||
| Taxable Income | 99% | 5,605 | $38,552 | $216,085,806 |
| Medicare Levy | 60% | 3,365 | $795 | $2,675,350 |
| Medicare Surcharge | 1% | 75 | $1,293 | $97,010 |
| Gross Tax | 74% | 4,155 | $8,426 | $35,010,461 |
| Net Tax | 63% | 3,580 | $9,749 | $34,901,363 |
| Average Tax | 100% | 5,645 | $6,183 | $34,901,363 |
| Gross Tax Rate | 74% | 4,155 | 22% | $35,010,461 |
| Net Tax Rate | 63% | 3,580 | 25% | $34,901,363 |
| Average Tax Rate | 100% | 5,645 | 16% | $34,901,363 |
| %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 $38,552. It is estimated that the average taxable income for people who paid a net amount of tax was $53571.
The average net tax paid was $9,749. This equates to an average tax of 25 cents in the dollar on taxable income.
The Medicare levy was paid by 3,365 people for an average of $795. 75 people paid $1,293 on average more for the Medicare surcharge.
3,720 people earned a salary or wage and took home an average of $41,513 each.
Government allowance and payments were collected by 875 people for on average $5,387. 460 people received the pension or other allowance.
Charitable gifts and donations of an average of $364 were made by 1,640 people.
The costs of tax affairs for 2,765 people were claimed for $336 each.