TaxStats for postcode 2545 FY2013

Postcode 2545 includes Belowra, Bodalla, Cadgee, Eurobodalla, Nerrigundah, Potato Point in New South Wales, and is in the federal electorate of Eden-Monaro.

In FY 2013 the ATO recorded 580 individuals in postcode 2545. Of these people, 570 made a taxable income or loss. 400 of the population paid a gross amount of tax. After tax offsets, 335 people actually paid a net amount of tax. There were 235 non-taxable people who paid net tax of $0.

Compare TaxStats of 2545 with NSW

2545 TaxStats FY2013%Ppl#Ppl2545
Avg
2545
Total
Total Individuals100%580
Income
Salary or Wage 65%375$36,477$13,678,746
Gross Interest57%330$3,163$1,043,642
Unfranked Dividends9%50$263$13,144
Franked Dividends33%190$2,532$481,096
Dividend Franking Credit33%190$1,081$205,337
Capital Gains3%15$13,967$209,501
Termination Payouts1%5$2,963$14,815
Tips/Directors Fees etc18%105$2,029$213,089
Business Income11%65$7,402$481,153
Foreign Income3%15$880$13,195
Government payments11%65$5,283$343,421
Government pensions10%60$7,430$445,800
Total Income or Loss99%575$36,445$20,955,623
Deducations
Charitable Gifts30%175$274$47,942
Cost of Tax Affairs47%275$278$76,391
Work Car expenses21%120$1,978$237,314
Work Travel expenses6%35$1,425$49,876
Self Education expenses3%20$1,767$35,342
Total Deductions77%445$2,168$964,869
Taxation
Taxable Income98%570$34,814$19,843,940
Medicare Levy 54%315$782$246,181
Medicare Surcharge 1%5$474$2,372
Gross Tax 69%400$7,984$3,193,786
Net Tax 58%335$8,880$2,974,816
Average Tax 100%580 $5,129$2,974,816
Gross Tax Rate 69%400 23%$3,193,786
Net Tax Rate 58%335 26%$2,974,816
Average Tax Rate 100%580 15%$2,974,816
%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 $34,814. It is estimated that the average taxable income for people who paid a net amount of tax was $50818.

The average net tax paid was $8,880. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 315 people for an average of $782. 5 people paid $474 on average more for the Medicare surcharge.

375 people earned a salary or wage and took home an average of $36,477 each.

Government allowance and payments were collected by 65 people for on average $5,283. 60 people received the pension or other allowance.

Charitable gifts and donations of an average of $274 were made by 175 people.

The costs of tax affairs for 275 people were claimed for $278 each.