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#Ppl2483
Total Individuals100%5,645
Salary or Wage 66%3,720$41,513$154,429,795
Gross Interest59%3,320$2,291$7,605,682
Unfranked Dividends8%455$602$274,069
Franked Dividends24%1,375$3,936$5,412,318
Dividend Franking Credit24%1,370$1,693$2,318,838
Capital Gains4%240$10,185$2,444,294
Termination Payouts2%90$9,233$831,014
Tips/Directors Fees etc18%995$3,020$3,005,350
Business Income20%1,120$13,976$15,653,415
Foreign Income5%295$2,333$688,152
Government payments16%875$5,387$4,713,958
Government pensions8%460$9,151$4,209,658
Total Income or Loss100%5,635$40,640$229,004,121
Charitable Gifts29%1,640$364$597,587
Cost of Tax Affairs49%2,765$336$929,729
Work Car expenses25%1,435$2,406$3,453,164
Work Travel expenses7%415$2,254$935,465
Self Education expenses4%225$1,703$383,242
Total Deductions76%4,270$2,720$11,612,985
Taxable Income99%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.