TaxStats for postcode 2487 FY2013

Postcode 2487 includes Casuarina, Casuarina, Chinderah, Chinderah, Cudgen, Cudgen, Duranbah, Duranbah, Fingal Head, Fingal Head, Kings Forest, Kingscliff, Kingscliff, Stotts Creek, Stotts Creek in New South Wales, and is in the federal electorate of Richmond.

In FY 2013 the ATO recorded 6,370 individuals in postcode 2487. Of these people, 6,315 made a taxable income or loss. 4,950 of the population paid a gross amount of tax. After tax offsets, 4,395 people actually paid a net amount of tax. There were 1,920 non-taxable people who paid net tax of $0.

Compare TaxStats of 2487 with NSW

2487 TaxStats FY2013%Ppl#Ppl2487
Total Individuals100%6,370
Salary or Wage 71%4,515$51,075$230,603,893
Gross Interest57%3,605$2,273$8,195,380
Unfranked Dividends8%535$2,452$1,311,871
Franked Dividends25%1,615$6,492$10,483,924
Dividend Franking Credit25%1,610$2,788$4,488,931
Capital Gains4%260$14,492$3,767,901
Termination Payouts2%155$12,829$1,988,563
Tips/Directors Fees etc20%1,275$4,694$5,985,482
Business Income11%715$25,382$18,148,093
Foreign Income7%420$1,432$601,609
Government payments9%555$5,310$2,946,835
Government pensions7%465$10,086$4,689,914
Total Income or Loss100%6,345$53,675$340,567,058
Charitable Gifts31%1,995$360$717,360
Cost of Tax Affairs51%3,245$385$1,248,647
Work Car expenses29%1,855$2,802$5,198,428
Work Travel expenses9%565$2,214$1,250,941
Self Education expenses4%265$1,703$451,227
Total Deductions80%5,080$3,698$18,786,328
Taxable Income99%6,315$50,754$320,511,587
Medicare Levy 66%4,185$1,017$4,258,038
Medicare Surcharge 1%95$1,450$137,761
Gross Tax 78%4,950$13,334$66,004,149
Net Tax 69%4,395$15,156$66,609,555
Average Tax 100%6,370 $10,457$66,609,555
Gross Tax Rate 78%4,950 26%$66,004,149
Net Tax Rate 69%4,395 30%$66,609,555
Average Tax Rate 100%6,370 21%$66,609,555
%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 $50,754. It is estimated that the average taxable income for people who paid a net amount of tax was $67684.

The average net tax paid was $15,156. This equates to an average tax of 30 cents in the dollar on taxable income.

The Medicare levy was paid by 4,185 people for an average of $1,017. 95 people paid $1,450 on average more for the Medicare surcharge.

4,515 people earned a salary or wage and took home an average of $51,075 each.

Government allowance and payments were collected by 555 people for on average $5,310. 465 people received the pension or other allowance.

Charitable gifts and donations of an average of $360 were made by 1,995 people.

The costs of tax affairs for 3,245 people were claimed for $385 each.