TaxStats for postcode 2540 FY2013

Postcode 2540 includes Bamarang, Barringella, Basin View, Beecroft Peninsula, Berrara, Bewong, Bolong, Boolijah, Bream Beach, Browns Mountain, Brundee, Buangla, Budgong, Burrier, Callala Bay, Callala Beach, Cambewarra, Cambewarra, Cambewarra Village, Comberton, Comerong Island, Cudmirrah, Culburra Beach, Currarong, Erowal Bay, Ettrema, Falls Creek, Greenwell Point, Hmas Albatross, Hmas Creswell, Huskisson, Hyams Beach, Illaroo, Jerrawangala, Jervis Bay, Kinghorne, Longreach, Mayfield, Meroo Meadow, Meroo Meadow, Mondayong, Moollattoo, Mundamia, Myola, Nowra Hill, Nowra Naval Po, Numbaa, Old Erowal Bay, Orient Point, Parma, Pyree, Sanctuary Point, St Georges Basin, Sussex Inlet, Swanhaven, Tallowal, Tapitallee, Tapitallee, Terara, Tomerong, Tullarwalla, Twelve Mile Peg, Vincentia, Wandandian, Watersleigh, Wollumboola, Woollamia, Worrigee, Worrowing Heights, Wrights Beach, Yalwal, Yerriyong in New South Wales, and is in the federal electorate of Gilmore.

In FY 2013 the ATO recorded 19,955 individuals in postcode 2540. Of these people, 19,865 made a taxable income or loss. 15,305 of the population paid a gross amount of tax. After tax offsets, 13,415 people actually paid a net amount of tax. There were 6,450 non-taxable people who paid net tax of $0.

Compare TaxStats of 2540 with NSW

2540 TaxStats FY2013%Ppl#Ppl2540
Total Individuals100%19,955
Salary or Wage 72%14,385$45,901$660,285,863
Gross Interest55%11,065$2,279$25,211,813
Unfranked Dividends8%1,635$595$973,181
Franked Dividends28%5,640$3,917$22,092,253
Dividend Franking Credit28%5,625$1,683$9,469,623
Capital Gains4%800$9,337$7,469,226
Termination Payouts1%240$14,518$3,484,404
Tips/Directors Fees etc25%4,945$2,184$10,799,465
Business Income9%1,805$18,122$32,710,468
Foreign Income4%865$765$662,106
Government payments9%1,885$5,451$10,275,293
Government pensions9%1,835$9,286$17,040,088
Total Income or Loss100%19,900$45,179$899,070,694
Charitable Gifts39%7,770$296$2,300,774
Cost of Tax Affairs54%10,785$258$2,778,090
Work Car expenses30%6,080$2,277$13,843,870
Work Travel expenses7%1,435$1,934$2,775,972
Self Education expenses4%890$1,606$1,429,413
Total Deductions80%16,010$2,731$43,723,184
Taxable Income100%19,865$42,985$853,890,833
Medicare Levy 61%12,080$835$10,084,285
Medicare Surcharge 1%185$1,204$222,830
Gross Tax 77%15,305$9,796$149,923,930
Net Tax 67%13,415$11,052$148,259,497
Average Tax 100%19,955 $7,430$148,259,497
Gross Tax Rate 77%15,305 23%$149,923,930
Net Tax Rate 67%13,415 26%$148,259,497
Average Tax Rate 100%19,955 17%$148,259,497
%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 $42,985. It is estimated that the average taxable income for people who paid a net amount of tax was $57882.

The average net tax paid was $11,052. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 12,080 people for an average of $835. 185 people paid $1,204 on average more for the Medicare surcharge.

14,385 people earned a salary or wage and took home an average of $45,901 each.

Government allowance and payments were collected by 1,885 people for on average $5,451. 1,835 people received the pension or other allowance.

Charitable gifts and donations of an average of $296 were made by 7,770 people.

The costs of tax affairs for 10,785 people were claimed for $258 each.