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 | #Ppl | 2540 Avg | 2540 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 19,955 | ||
| Income | ||||
| Salary or Wage | 72% | 14,385 | $45,901 | $660,285,863 |
| Gross Interest | 55% | 11,065 | $2,279 | $25,211,813 |
| Unfranked Dividends | 8% | 1,635 | $595 | $973,181 |
| Franked Dividends | 28% | 5,640 | $3,917 | $22,092,253 |
| Dividend Franking Credit | 28% | 5,625 | $1,683 | $9,469,623 |
| Capital Gains | 4% | 800 | $9,337 | $7,469,226 |
| Termination Payouts | 1% | 240 | $14,518 | $3,484,404 |
| Tips/Directors Fees etc | 25% | 4,945 | $2,184 | $10,799,465 |
| Business Income | 9% | 1,805 | $18,122 | $32,710,468 |
| Foreign Income | 4% | 865 | $765 | $662,106 |
| Government payments | 9% | 1,885 | $5,451 | $10,275,293 |
| Government pensions | 9% | 1,835 | $9,286 | $17,040,088 |
| Total Income or Loss | 100% | 19,900 | $45,179 | $899,070,694 |
| Deducations | ||||
| Charitable Gifts | 39% | 7,770 | $296 | $2,300,774 |
| Cost of Tax Affairs | 54% | 10,785 | $258 | $2,778,090 |
| Work Car expenses | 30% | 6,080 | $2,277 | $13,843,870 |
| Work Travel expenses | 7% | 1,435 | $1,934 | $2,775,972 |
| Self Education expenses | 4% | 890 | $1,606 | $1,429,413 |
| Total Deductions | 80% | 16,010 | $2,731 | $43,723,184 |
| Taxation | ||||
| Taxable Income | 100% | 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.