TaxStats for postcode 2577 FY2013

Postcode 2577 includes Avoca, Bangadilly, Barren Grounds, Barren Grounds, Barrengarry, Beaumont, Beaumont, Belanglo, Bendeela, Berrima, Burrawang, Calwalla, Canyonleigh, Canyonleigh, Carrington Falls, Carrington Falls, Fitzroy Falls, Kangaroo Valley, Kangaroo Valley, Knights Hill, Knights Hill, Macquarie Pass, Macquarie Pass, Manchester Square, Medway, Meryla, Moss Vale, Mount Murray, Myra Vale, New Berrima, Paddys River, Paddys River, Pheasant Ground, Red Rocks, Robertson, Sutton Forest, Tolwong, Upper Kangaroo River, Upper Kangaroo Valley, Upper Kangaroo Valley, Werai, Wildes Meadow, Yarrunga in New South Wales, and is in the federal electorate of Throsby.

In FY 2013 the ATO recorded 8,140 individuals in postcode 2577. Of these people, 8,065 made a taxable income or loss. 6,275 of the population paid a gross amount of tax. After tax offsets, 5,565 people actually paid a net amount of tax. There were 2,500 non-taxable people who paid net tax of $0.

Compare TaxStats of 2577 with NSW

2577 TaxStats FY2013%Ppl#Ppl2577
Avg
2577
Total
Total Individuals100%8,140
Income
Salary or Wage 71%5,740$50,471$289,704,411
Gross Interest60%4,900$3,102$15,200,179
Unfranked Dividends10%830$1,149$953,671
Franked Dividends32%2,565$8,465$21,713,353
Dividend Franking Credit31%2,560$3,633$9,299,863
Capital Gains5%420$18,175$7,633,414
Termination Payouts1%105$16,476$1,729,938
Tips/Directors Fees etc20%1,605$3,998$6,416,404
Business Income13%1,080$14,705$15,881,241
Foreign Income5%415$2,502$1,038,427
Government payments6%465$5,427$2,523,629
Government pensions7%610$9,393$5,729,739
Total Income or Loss100%8,120$52,174$423,649,562
Deducations
Charitable Gifts32%2,605$653$1,700,154
Cost of Tax Affairs50%4,105$512$2,100,170
Work Car expenses22%1,795$2,362$4,240,564
Work Travel expenses8%625$1,901$1,188,379
Self Education expenses4%350$1,844$645,238
Total Deductions79%6,410$3,140$20,126,116
Taxation
Taxable Income99%8,065$49,778$401,459,034
Medicare Levy 65%5,330$1,004$5,351,205
Medicare Surcharge 1%90$1,089$97,990
Gross Tax 77%6,275$13,286$83,366,714
Net Tax 68%5,565$15,173$84,438,327
Average Tax 100%8,140 $10,373$84,438,327
Gross Tax Rate 77%6,275 27%$83,366,714
Net Tax Rate 68%5,565 30%$84,438,327
Average Tax Rate 100%8,140 21%$84,438,327
%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 $49,778. It is estimated that the average taxable income for people who paid a net amount of tax was $66749.

The average net tax paid was $15,173. This equates to an average tax of 30 cents in the dollar on taxable income.

The Medicare levy was paid by 5,330 people for an average of $1,004. 90 people paid $1,089 on average more for the Medicare surcharge.

5,740 people earned a salary or wage and took home an average of $50,471 each.

Government allowance and payments were collected by 465 people for on average $5,427. 610 people received the pension or other allowance.

Charitable gifts and donations of an average of $653 were made by 2,605 people.

The costs of tax affairs for 4,105 people were claimed for $512 each.