TaxStats for postcode 2624 FY2013

Postcode 2624 includes Blue Cow, Charlottes Pass, Kosciusko, Perisher Valley, Smiggin Holes in New South Wales, and is in the federal electorate of Eden-Monaro.

In FY 2013 the ATO recorded 65 individuals in postcode 2624. Of these people, 65 made a taxable income or loss. 45 of the population paid a gross amount of tax. After tax offsets, 35 people actually paid a net amount of tax. There were 30 non-taxable people who paid net tax of $0.

Compare TaxStats of 2624 with NSW

2624 TaxStats FY2013%Ppl#Ppl2624
Avg
2624
Total
Total Individuals100%65
Income
Salary or Wage 92%60$35,021$2,101,264
Gross Interest38%25$829$20,725
Unfranked Dividends8%5$182$911
Franked Dividends15%10$6,471$64,710
Dividend Franking Credit15%10$2,773$27,730
Capital Gains%0$$0
Termination Payouts%0$$0
Tips/Directors Fees etc8%5$190$948
Business Income8%5$25,287$126,434
Foreign Income%0$$0
Government payments8%5$450$2,251
Government pensions%0$$0
Total Income or Loss100%65$36,492$2,371,987
Deducations
Charitable Gifts23%15$319$4,779
Cost of Tax Affairs46%30$413$12,387
Work Car expenses23%15$1,847$27,699
Work Travel expenses8%5$917$4,587
Self Education expenses8%5$798$3,991
Total Deductions69%45$2,312$104,026
Taxation
Taxable Income100%65$34,892$2,267,953
Medicare Levy 54%35$804$28,137
Medicare Surcharge %0$$0
Gross Tax 69%45$8,126$365,690
Net Tax 54%35$10,672$373,516
Average Tax 100%65 $5,746$373,516
Gross Tax Rate 69%45 23%$365,690
Net Tax Rate 54%35 31%$373,516
Average Tax Rate 100%65 16%$373,516
%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 $34,892. It is estimated that the average taxable income for people who paid a net amount of tax was $54513.

The average net tax paid was $10,672. This equates to an average tax of 31 cents in the dollar on taxable income.

The Medicare levy was paid by 35 people for an average of $804.

60 people earned a salary or wage and took home an average of $35,021 each.

Government allowance and payments were collected by 5 people for on average $450. 0 people received the pension or other allowance.

Charitable gifts and donations of an average of $319 were made by 15 people.

The costs of tax affairs for 30 people were claimed for $413 each.