TaxStats for postcode 2625 FY2013

Postcode 2625 includes Thredbo, Thredbo Village in New South Wales, and is in the federal electorate of Eden-Monaro.

In FY 2013 the ATO recorded 200 individuals in postcode 2625. Of these people, 195 made a taxable income or loss. 155 of the population paid a gross amount of tax. After tax offsets, 140 people actually paid a net amount of tax. There were 55 non-taxable people who paid net tax of $0.

Compare TaxStats of 2625 with NSW

2625 TaxStats FY2013%Ppl#Ppl2625
Avg
2625
Total
Total Individuals100%200
Income
Salary or Wage 80%160$33,182$5,309,086
Gross Interest55%110$2,376$261,381
Unfranked Dividends5%10$655$6,548
Franked Dividends20%40$4,117$164,690
Dividend Franking Credit20%40$1,764$70,570
Capital Gains2%5$9,657$48,283
Termination Payouts2%5$1,353$6,765
Tips/Directors Fees etc20%40$3,901$156,036
Business Income15%30$26,502$795,057
Foreign Income5%10$1,260$12,595
Government payments8%15$4,227$63,408
Government pensions2%5$7,888$39,442
Total Income or Loss100%200$39,748$7,949,678
Deducations
Charitable Gifts28%55$233$12,795
Cost of Tax Affairs35%70$471$32,955
Work Car expenses15%30$3,332$99,970
Work Travel expenses8%15$1,279$19,186
Self Education expenses8%15$1,700$25,502
Total Deductions70%140$3,128$437,943
Taxation
Taxable Income98%195$38,321$7,472,623
Medicare Levy 65%130$734$95,402
Medicare Surcharge %0$$0
Gross Tax 78%155$7,346$1,138,597
Net Tax 70%140$8,142$1,139,949
Average Tax 100%200 $5,700$1,139,949
Gross Tax Rate 78%155 19%$1,138,597
Net Tax Rate 70%140 21%$1,139,949
Average Tax Rate 100%200 15%$1,139,949
%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 $38,321. It is estimated that the average taxable income for people who paid a net amount of tax was $48662.

The average net tax paid was $8,142. This equates to an average tax of 21 cents in the dollar on taxable income.

The Medicare levy was paid by 130 people for an average of $734.

160 people earned a salary or wage and took home an average of $33,182 each.

Government allowance and payments were collected by 15 people for on average $4,227. 5 people received the pension or other allowance.

Charitable gifts and donations of an average of $233 were made by 55 people.

The costs of tax affairs for 70 people were claimed for $471 each.