TaxStats for postcode 2551 FY2013
Postcode 2551 includes Boydtown, Eden, Edrom, Green Cape, Kiah, Nadgee, Narrabarba, Nullica, Nungatta, Nungatta South, Timbillica, Wonboyn, Wonboyn Lake, Wonboyn North in New South Wales, and is in the federal electorate of Eden-Monaro.
In FY 2013 the ATO recorded 1,825 individuals in postcode 2551. Of these people, 1,815 made a taxable income or loss. 1,390 of the population paid a gross amount of tax. After tax offsets, 1,220 people actually paid a net amount of tax. There were 595 non-taxable people who paid net tax of $0.
Compare TaxStats of 2551 with NSW
| 2551 TaxStats FY2013 | %Ppl | #Ppl | 2551 Avg | 2551 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 1,825 | ||
| Income | ||||
| Salary or Wage | 76% | 1,385 | $42,661 | $59,085,120 |
| Gross Interest | 58% | 1,050 | $2,036 | $2,138,212 |
| Unfranked Dividends | 9% | 160 | $341 | $54,510 |
| Franked Dividends | 29% | 530 | $5,722 | $3,032,565 |
| Dividend Franking Credit | 29% | 530 | $2,449 | $1,298,026 |
| Capital Gains | 4% | 75 | $10,307 | $773,036 |
| Termination Payouts | 2% | 35 | $8,657 | $302,999 |
| Tips/Directors Fees etc | 22% | 410 | $1,848 | $757,813 |
| Business Income | 8% | 145 | $11,419 | $1,655,795 |
| Foreign Income | 4% | 75 | $635 | $47,590 |
| Government payments | 8% | 155 | $5,231 | $810,815 |
| Government pensions | 10% | 180 | $10,122 | $1,821,998 |
| Total Income or Loss | 100% | 1,820 | $43,893 | $79,885,131 |
| Deducations | ||||
| Charitable Gifts | 19% | 355 | $343 | $121,870 |
| Cost of Tax Affairs | 47% | 860 | $293 | $252,394 |
| Work Car expenses | 19% | 345 | $2,023 | $697,992 |
| Work Travel expenses | 5% | 85 | $2,146 | $182,393 |
| Self Education expenses | 4% | 65 | $1,829 | $118,890 |
| Total Deductions | 78% | 1,420 | $2,041 | $2,898,604 |
| Taxation | ||||
| Taxable Income | 99% | 1,815 | $42,348 | $76,861,872 |
| Medicare Levy | 64% | 1,170 | $835 | $976,462 |
| Medicare Surcharge | 2% | 35 | $1,303 | $45,606 |
| Gross Tax | 76% | 1,390 | $9,540 | $13,260,624 |
| Net Tax | 67% | 1,220 | $10,727 | $13,086,970 |
| Average Tax | 100% | 1,825 | $7,171 | $13,086,970 |
| Gross Tax Rate | 76% | 1,390 | 23% | $13,260,624 |
| Net Tax Rate | 67% | 1,220 | 25% | $13,086,970 |
| Average Tax Rate | 100% | 1,825 | 17% | $13,086,970 |
| %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 $42,348. It is estimated that the average taxable income for people who paid a net amount of tax was $57149.
The average net tax paid was $10,727. This equates to an average tax of 25 cents in the dollar on taxable income.
The Medicare levy was paid by 1,170 people for an average of $835. 35 people paid $1,303 on average more for the Medicare surcharge.
1,385 people earned a salary or wage and took home an average of $42,661 each.
Government allowance and payments were collected by 155 people for on average $5,231. 180 people received the pension or other allowance.
Charitable gifts and donations of an average of $343 were made by 355 people.
The costs of tax affairs for 860 people were claimed for $293 each.