TaxStats for postcode 2490 FY2013

Postcode 2490 includes North Tumbulgum, North Tumbulgum, Tumbulgum, Tumbulgum in New South Wales, and is in the federal electorate of Richmond.

In FY 2013 the ATO recorded 410 individuals in postcode 2490. Of these people, 410 made a taxable income or loss. 310 of the population paid a gross amount of tax. After tax offsets, 280 people actually paid a net amount of tax. There were 130 non-taxable people who paid net tax of $0.

Compare TaxStats of 2490 with NSW

2490 TaxStats FY2013%Ppl#Ppl2490
Total Individuals100%410
Salary or Wage 76%310$45,847$14,212,671
Gross Interest60%245$1,293$316,902
Unfranked Dividends9%35$694$24,287
Franked Dividends21%85$8,033$682,783
Dividend Franking Credit21%85$3,442$292,598
Capital Gains5%20$14,504$290,073
Termination Payouts2%10$4,336$43,360
Tips/Directors Fees etc23%95$2,584$245,477
Business Income13%55$16,360$899,778
Foreign Income4%15$285$4,282
Government payments12%50$5,260$263,025
Government pensions7%30$10,762$322,845
Total Income or Loss100%410$48,156$19,743,869
Charitable Gifts33%135$314$42,430
Cost of Tax Affairs52%215$299$64,346
Work Car expenses28%115$2,753$316,645
Work Travel expenses9%35$1,718$60,145
Self Education expenses2%10$2,631$26,311
Total Deductions78%320$2,839$908,358
Taxable Income100%410$45,847$18,797,327
Medicare Levy 66%270$927$250,184
Medicare Surcharge 1%5$1,472$7,360
Gross Tax 76%310$11,350$3,518,527
Net Tax 68%280$12,669$3,547,388
Average Tax 100%410 $8,652$3,547,388
Gross Tax Rate 76%310 25%$3,518,527
Net Tax Rate 68%280 28%$3,547,388
Average Tax Rate 100%410 19%$3,547,388
%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 $45,847. It is estimated that the average taxable income for people who paid a net amount of tax was $61562.

The average net tax paid was $12,669. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 270 people for an average of $927. 5 people paid $1,472 on average more for the Medicare surcharge.

310 people earned a salary or wage and took home an average of $45,847 each.

Government allowance and payments were collected by 50 people for on average $5,260. 30 people received the pension or other allowance.

Charitable gifts and donations of an average of $314 were made by 135 people.

The costs of tax affairs for 215 people were claimed for $299 each.