TaxStats for postcode 2549 FY2013

Postcode 2549 includes Bald Hills, Broadwater, Greigs Flat, Lochiel, Millingandi, Nethercote, Pambula, Pambula Beach, South Pambula in New South Wales, and is in the federal electorate of Eden-Monaro.

In FY 2013 the ATO recorded 2,145 individuals in postcode 2549. Of these people, 2,130 made a taxable income or loss. 1,640 of the population paid a gross amount of tax. After tax offsets, 1,435 people actually paid a net amount of tax. There were 695 non-taxable people who paid net tax of $0.

Compare TaxStats of 2549 with NSW

2549 TaxStats FY2013%Ppl#Ppl2549
Avg
2549
Total
Total Individuals100%2,145
Income
Salary or Wage 70%1,495$41,611$62,207,795
Gross Interest60%1,285$2,128$2,734,760
Unfranked Dividends12%255$309$78,744
Franked Dividends32%685$4,051$2,774,845
Dividend Franking Credit32%680$1,715$1,166,381
Capital Gains5%105$7,785$817,396
Termination Payouts1%15$13,822$207,333
Tips/Directors Fees etc21%455$2,561$1,165,196
Business Income11%230$18,752$4,312,905
Foreign Income4%95$8,516$809,033
Government payments9%185$5,639$1,043,130
Government pensions9%190$9,307$1,768,300
Total Income or Loss100%2,135$43,273$92,386,990
Deducations
Charitable Gifts24%525$1,564$821,039
Cost of Tax Affairs46%995$302$300,136
Work Car expenses16%345$1,831$631,721
Work Travel expenses6%125$2,670$333,793
Self Education expenses4%80$1,100$88,019
Total Deductions78%1,680$2,480$4,165,722
Taxation
Taxable Income99%2,130$41,317$88,004,484
Medicare Levy 63%1,350$818$1,104,825
Medicare Surcharge 2%35$1,122$39,280
Gross Tax 76%1,640$8,937$14,656,934
Net Tax 67%1,435$10,139$14,549,030
Average Tax 100%2,145 $6,783$14,549,030
Gross Tax Rate 76%1,640 22%$14,656,934
Net Tax Rate 67%1,435 25%$14,549,030
Average Tax Rate 100%2,145 16%$14,549,030
%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 $41,317. It is estimated that the average taxable income for people who paid a net amount of tax was $55515.

The average net tax paid was $10,139. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 1,350 people for an average of $818. 35 people paid $1,122 on average more for the Medicare surcharge.

1,495 people earned a salary or wage and took home an average of $41,611 each.

Government allowance and payments were collected by 185 people for on average $5,639. 190 people received the pension or other allowance.

Charitable gifts and donations of an average of $1,564 were made by 525 people.

The costs of tax affairs for 995 people were claimed for $302 each.