TaxStats for postcode 2620 FY2013

Postcode 2620 includes Beard, Burra, Burra, Carwoola, Clear Range, Clear Range, Crestwood, Crestwood, Dodsworth, Environa, Googong, Googong, Greenleigh, Gundaroo, Hume, Karabar, Kowen Forest, Letchworth, Michelago, Michelago, Oaks Estate, Queanbeyan, Queanbeyan East, Queanbeyan West, Ridgeway, Royalla, Royalla, Sutton, Tharwa, The Angle, The Angle, The Ridgeway, Tinderry, Tinderry, Top Naas, Tralee, Urila, Urila, Wamboin, Williamsdale, Williamsdale, Yarrow in New South Wales, and is in the federal electorate of Eden-Monaro.

In FY 2013 the ATO recorded 22,800 individuals in postcode 2620. Of these people, 22,705 made a taxable income or loss. 19,715 of the population paid a gross amount of tax. After tax offsets, 18,620 people actually paid a net amount of tax. There were 4,085 non-taxable people who paid net tax of $0.

Compare TaxStats of 2620 with NSW

2620 TaxStats FY2013%Ppl#Ppl2620
Total Individuals100%22,800
Salary or Wage 84%19,180$59,719$1,145,401,656
Gross Interest56%12,840$1,547$19,865,281
Unfranked Dividends7%1,560$774$1,207,002
Franked Dividends25%5,675$4,428$25,130,972
Dividend Franking Credit25%5,645$1,907$10,765,193
Capital Gains3%775$20,348$15,769,699
Termination Payouts1%330$10,794$3,562,059
Tips/Directors Fees etc18%4,165$3,345$13,932,766
Business Income8%1,745$16,829$29,366,011
Foreign Income4%965$1,138$1,098,189
Government payments4%955$4,746$4,532,840
Government pensions4%955$8,753$8,358,646
Total Income or Loss100%22,740$61,848$1,406,420,879
Charitable Gifts42%9,645$419$4,036,945
Cost of Tax Affairs50%11,395$383$4,362,596
Work Car expenses27%6,140$2,207$13,549,929
Work Travel expenses8%1,855$1,385$2,569,023
Self Education expenses5%1,225$1,818$2,226,999
Total Deductions85%19,425$2,582$50,159,355
Taxable Income100%22,705$59,621$1,353,690,243
Medicare Levy 78%17,875$1,041$18,608,696
Medicare Surcharge 2%525$1,061$557,258
Gross Tax 86%19,715$14,472$285,305,709
Net Tax 82%18,620$15,690$292,146,505
Average Tax 100%22,800 $12,813$292,146,505
Gross Tax Rate 86%19,715 24%$285,305,709
Net Tax Rate 82%18,620 26%$292,146,505
Average Tax Rate 100%22,800 21%$292,146,505
%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 $59,621. It is estimated that the average taxable income for people who paid a net amount of tax was $70068.

The average net tax paid was $15,690. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 17,875 people for an average of $1,041. 525 people paid $1,061 on average more for the Medicare surcharge.

19,180 people earned a salary or wage and took home an average of $59,719 each.

Government allowance and payments were collected by 955 people for on average $4,746. 955 people received the pension or other allowance.

Charitable gifts and donations of an average of $419 were made by 9,645 people.

The costs of tax affairs for 11,395 people were claimed for $383 each.