TaxStats for postcode 2536 FY2013

Postcode 2536 includes Batehaven, Batemans Bay, Benandarah, Bimbimbie, Buckenbowra, Catalina, Currowan, Denhams Beach, Depot Beach, Durras North, East Lynne, Guerilla Bay, Jeremadra, Lilli Pilli, Long Beach, Maloneys Beach, Malua Bay, Mogo, Nelligen, North Batemans Bay, Pebbly Beach, Rosedale, Runnyford, South Durras, Sunshine Bay, Surf Beach, Surfside, Woodlands in New South Wales, and is in the federal electorate of Eden-Monaro.

In FY 2013 the ATO recorded 8,825 individuals in postcode 2536. Of these people, 8,780 made a taxable income or loss. 6,675 of the population paid a gross amount of tax. After tax offsets, 5,670 people actually paid a net amount of tax. There were 3,110 non-taxable people who paid net tax of $0.

Compare TaxStats of 2536 with NSW

2536 TaxStats FY2013%Ppl#Ppl2536
Avg
2536
Total
Total Individuals100%8,825
Income
Salary or Wage 66%5,825$39,341$229,162,350
Gross Interest59%5,175$2,366$12,243,629
Unfranked Dividends9%790$642$507,407
Franked Dividends31%2,700$5,802$15,665,245
Dividend Franking Credit31%2,695$2,490$6,711,165
Capital Gains4%390$8,089$3,154,820
Termination Payouts1%75$10,022$751,683
Tips/Directors Fees etc19%1,695$2,415$4,093,855
Business Income10%915$17,752$16,243,005
Foreign Income4%380$1,552$589,750
Government payments10%920$5,218$4,800,221
Government pensions12%1,025$8,943$9,166,790
Total Income or Loss100%8,810$41,687$367,265,912
Deducations
Charitable Gifts35%3,105$277$861,026
Cost of Tax Affairs50%4,410$338$1,488,692
Work Car expenses21%1,820$1,996$3,632,269
Work Travel expenses6%535$2,123$1,135,748
Self Education expenses3%300$1,671$501,274
Total Deductions79%6,930$2,299$15,934,936
Taxation
Taxable Income99%8,780$39,923$350,520,319
Medicare Levy 60%5,290$806$4,261,492
Medicare Surcharge 1%80$1,252$100,131
Gross Tax 76%6,675$8,811$58,811,836
Net Tax 64%5,670$9,830$55,738,474
Average Tax 100%8,825 $6,316$55,738,474
Gross Tax Rate 76%6,675 22%$58,811,836
Net Tax Rate 64%5,670 25%$55,738,474
Average Tax Rate 100%8,825 16%$55,738,474
%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 $39,923. It is estimated that the average taxable income for people who paid a net amount of tax was $55238.

The average net tax paid was $9,830. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 5,290 people for an average of $806. 80 people paid $1,252 on average more for the Medicare surcharge.

5,825 people earned a salary or wage and took home an average of $39,341 each.

Government allowance and payments were collected by 920 people for on average $5,218. 1,025 people received the pension or other allowance.

Charitable gifts and donations of an average of $277 were made by 3,105 people.

The costs of tax affairs for 4,410 people were claimed for $338 each.