TaxStats for postcode 2580 FY2013

Postcode 2580 includes Bannaby, Bannister, Boxers Creek, Brisbane Grove, Bungonia, Carrick, Chatsbury, Currawang, Curraweela, Golspie, Goulburn, Goulburn North, Greenwich Park, Gundary, Jerrong, Kingsdale, Komungla, Lake Bathurst, Leighwood, Lower Boro, Mayfield, Mcalister, Middle Arm, Mount Fairy, Mount Rae, Mummel, Paling Yards, Parkesbourne, Pomeroy, Quialigo, Richlands, Roslyn, Run-O-Waters, Six Mile Flat, Spring Valley, Stonequarry, Tarago, Taralga, Tarlo, Tirrannaville, Towrang, Wayo, Wiaborough, Wiarborough, Windellama, Wombeyan Caves, Woodhouselee, Wowagin, Yalbraith, Yarra in New South Wales, and is in the federal electorate of Hume.

In FY 2013 the ATO recorded 14,775 individuals in postcode 2580. Of these people, 14,705 made a taxable income or loss. 11,910 of the population paid a gross amount of tax. After tax offsets, 10,830 people actually paid a net amount of tax. There were 3,875 non-taxable people who paid net tax of $0.

Compare TaxStats of 2580 with NSW

2580 TaxStats FY2013%Ppl#Ppl2580
Avg
2580
Total
Total Individuals100%14,775
Income
Salary or Wage 80%11,880$48,961$581,660,691
Gross Interest58%8,540$1,968$16,810,401
Unfranked Dividends8%1,175$480$563,890
Franked Dividends27%3,980$5,066$20,162,138
Dividend Franking Credit27%3,965$2,179$8,638,071
Capital Gains4%530$8,881$4,707,169
Termination Payouts1%170$8,921$1,516,566
Tips/Directors Fees etc23%3,400$2,294$7,799,588
Business Income9%1,345$13,166$17,707,954
Foreign Income4%640$548$350,576
Government payments7%1,085$5,282$5,730,453
Government pensions7%990$9,603$9,506,620
Total Income or Loss100%14,750$49,642$732,212,609
Deducations
Charitable Gifts41%5,990$266$1,591,254
Cost of Tax Affairs54%7,970$270$2,152,884
Work Car expenses25%3,705$2,235$8,282,150
Work Travel expenses8%1,185$1,781$2,110,132
Self Education expenses5%755$1,855$1,400,755
Total Deductions84%12,355$2,511$31,022,824
Taxation
Taxable Income100%14,705$47,598$699,933,762
Medicare Levy 70%10,365$907$9,400,968
Medicare Surcharge 1%220$1,258$276,841
Gross Tax 81%11,910$11,043$131,518,762
Net Tax 73%10,830$12,346$133,702,033
Average Tax 100%14,775 $9,049$133,702,033
Gross Tax Rate 81%11,910 23%$131,518,762
Net Tax Rate 73%10,830 26%$133,702,033
Average Tax Rate 100%14,775 19%$133,702,033
%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 $47,598. It is estimated that the average taxable income for people who paid a net amount of tax was $60336.

The average net tax paid was $12,346. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 10,365 people for an average of $907. 220 people paid $1,258 on average more for the Medicare surcharge.

11,880 people earned a salary or wage and took home an average of $48,961 each.

Government allowance and payments were collected by 1,085 people for on average $5,282. 990 people received the pension or other allowance.

Charitable gifts and donations of an average of $266 were made by 5,990 people.

The costs of tax affairs for 7,970 people were claimed for $270 each.