TaxStats for postcode 2537 FY2013

Postcode 2537 includes Bergalia, Bingie, Broulee, Coila, Congo, Deua, Deua River Valley, Kiora, Meringo, Mogendoura, Moruya, Moruya Heads, Mossy Point, Tomakin, Turlinjah, Tuross Head, Wamban in New South Wales, and is in the federal electorate of Eden-Monaro.

In FY 2013 the ATO recorded 6,010 individuals in postcode 2537. Of these people, 5,975 made a taxable income or loss. 4,475 of the population paid a gross amount of tax. After tax offsets, 3,920 people actually paid a net amount of tax. There were 2,055 non-taxable people who paid net tax of $0.

Compare TaxStats of 2537 with NSW

2537 TaxStats FY2013%Ppl#Ppl2537
Total Individuals100%6,010
Salary or Wage 65%3,925$41,582$163,210,898
Gross Interest62%3,720$2,361$8,784,155
Unfranked Dividends9%530$379$200,725
Franked Dividends30%1,830$3,555$6,505,049
Dividend Franking Credit30%1,825$1,528$2,789,088
Capital Gains4%235$9,860$2,317,159
Termination Payouts1%60$12,813$768,795
Tips/Directors Fees etc19%1,165$2,374$2,766,045
Business Income11%665$21,956$14,600,934
Foreign Income4%265$2,708$717,660
Government payments10%575$5,509$3,167,465
Government pensions10%620$8,320$5,158,532
Total Income or Loss100%5,985$42,294$253,129,481
Charitable Gifts37%2,245$387$869,140
Cost of Tax Affairs53%3,160$308$973,487
Work Car expenses24%1,415$1,717$2,429,567
Work Travel expenses6%370$1,743$644,846
Self Education expenses4%235$1,629$382,905
Total Deductions78%4,670$2,255$10,528,521
Taxable Income99%5,975$40,445$241,659,438
Medicare Levy 62%3,700$818$3,027,732
Medicare Surcharge 1%65$1,158$75,247
Gross Tax 74%4,475$9,163$41,003,010
Net Tax 65%3,920$10,070$39,473,061
Average Tax 100%6,010 $6,568$39,473,061
Gross Tax Rate 74%4,475 23%$41,003,010
Net Tax Rate 65%3,920 25%$39,473,061
Average Tax Rate 100%6,010 16%$39,473,061
%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 $40,445. It is estimated that the average taxable income for people who paid a net amount of tax was $55357.

The average net tax paid was $10,070. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 3,700 people for an average of $818. 65 people paid $1,158 on average more for the Medicare surcharge.

3,925 people earned a salary or wage and took home an average of $41,582 each.

Government allowance and payments were collected by 575 people for on average $5,509. 620 people received the pension or other allowance.

Charitable gifts and donations of an average of $387 were made by 2,245 people.

The costs of tax affairs for 3,160 people were claimed for $308 each.