TaxStats for postcode 2574 FY2013

Postcode 2574 includes Avon, Bargo, Pheasants Nest, Yanderra in New South Wales, and is in the federal electorate of Hume.

In FY 2013 the ATO recorded 3,035 individuals in postcode 2574. Of these people, 3,020 made a taxable income or loss. 2,490 of the population paid a gross amount of tax. After tax offsets, 2,305 people actually paid a net amount of tax. There were 715 non-taxable people who paid net tax of $0.

Compare TaxStats of 2574 with NSW

2574 TaxStats FY2013%Ppl#Ppl2574
Total Individuals100%3,035
Salary or Wage 83%2,505$53,714$134,553,888
Gross Interest53%1,620$1,369$2,217,759
Unfranked Dividends6%175$637$111,559
Franked Dividends22%675$2,412$1,627,917
Dividend Franking Credit22%675$1,034$697,677
Capital Gains3%80$19,634$1,570,707
Termination Payouts2%70$11,089$776,216
Tips/Directors Fees etc25%750$2,668$2,001,140
Business Income8%255$16,653$4,246,583
Foreign Income2%70$1,107$77,507
Government payments6%170$4,613$784,216
Government pensions5%145$9,476$1,373,998
Total Income or Loss100%3,020$52,187$157,603,572
Charitable Gifts41%1,255$212$265,849
Cost of Tax Affairs55%1,665$246$409,482
Work Car expenses32%985$2,769$2,727,173
Work Travel expenses10%315$2,126$669,746
Self Education expenses5%155$1,742$270,067
Total Deductions84%2,545$2,960$7,532,618
Taxable Income100%3,020$49,678$150,029,065
Medicare Levy 74%2,240$916$2,052,416
Medicare Surcharge 1%45$1,080$48,618
Gross Tax 82%2,490$11,303$28,144,564
Net Tax 76%2,305$12,527$28,875,868
Average Tax 100%3,035 $9,514$28,875,868
Gross Tax Rate 82%2,490 23%$28,144,564
Net Tax Rate 76%2,305 25%$28,875,868
Average Tax Rate 100%3,035 19%$28,875,868
%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 $49,678. It is estimated that the average taxable income for people who paid a net amount of tax was $61366.

The average net tax paid was $12,527. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 2,240 people for an average of $916. 45 people paid $1,080 on average more for the Medicare surcharge.

2,505 people earned a salary or wage and took home an average of $53,714 each.

Government allowance and payments were collected by 170 people for on average $4,613. 145 people received the pension or other allowance.

Charitable gifts and donations of an average of $212 were made by 1,255 people.

The costs of tax affairs for 1,665 people were claimed for $246 each.