TaxStats for postcode 2583 FY2013

Postcode 2583 includes Bigga, Bigga, Binda, Binda, Blanket Flat, Blanket Flat, Brooklands, Brooklands, Cottawalla, Cottawalla, Crooked Corner, Crooked Corner, Crookwell, Crookwell, Fullerton, Fullerton, Glenerin, Glenerin, Grabben Gullen, Grabben Gullen, Grabine, Greenmantle, Greenmantle, Hadley, Hadley, Junction Point, Junction Point, Kempton, Kempton, Kialla, Kialla, Laggan, Laggan, Limerick, Limerick, Lost River, Mulgowrie, Mulgowrie, Narrawa, Narrawa, Peelwood, Peelwood, Pejar, Rugby, Rugby, Third Creek, Third Creek, Tuena, Tuena, Wheeo, Wheeo in New South Wales, and is in the federal electorate of Hume.

In FY 2013 the ATO recorded 2,425 individuals in postcode 2583. Of these people, 2,395 made a taxable income or loss. 1,755 of the population paid a gross amount of tax. After tax offsets, 1,510 people actually paid a net amount of tax. There were 885 non-taxable people who paid net tax of $0.

Compare TaxStats of 2583 with NSW

2583 TaxStats FY2013%Ppl#Ppl2583
Avg
2583
Total
Total Individuals100%2,425
Income
Salary or Wage 67%1,620$41,774$67,674,239
Gross Interest65%1,570$2,491$3,910,574
Unfranked Dividends14%345$608$209,659
Franked Dividends37%905$3,052$2,762,051
Dividend Franking Credit37%905$1,308$1,183,774
Capital Gains4%100$6,242$624,226
Termination Payouts1%25$2,740$68,495
Tips/Directors Fees etc26%620$2,949$1,828,327
Business Income12%295$3,491$1,029,979
Foreign Income5%110$723$79,529
Government payments7%165$6,015$992,542
Government pensions9%210$10,251$2,152,775
Total Income or Loss100%2,420$39,927$96,624,121
Deducations
Charitable Gifts35%840$264$222,075
Cost of Tax Affairs43%1,035$263$272,330
Work Car expenses21%500$3,009$1,504,388
Work Travel expenses7%180$1,719$309,382
Self Education expenses4%100$1,785$178,510
Total Deductions73%1,775$3,168$5,623,217
Taxation
Taxable Income99%2,395$37,658$90,191,375
Medicare Levy 59%1,425$819$1,167,399
Medicare Surcharge 1%35$1,465$51,281
Gross Tax 72%1,755$8,854$15,538,053
Net Tax 62%1,510$10,172$15,358,995
Average Tax 100%2,425 $6,334$15,358,995
Gross Tax Rate 72%1,755 24%$15,538,053
Net Tax Rate 62%1,510 27%$15,358,995
Average Tax Rate 100%2,425 17%$15,358,995
%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 $37,658. It is estimated that the average taxable income for people who paid a net amount of tax was $52696.

The average net tax paid was $10,172. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 1,425 people for an average of $819. 35 people paid $1,465 on average more for the Medicare surcharge.

1,620 people earned a salary or wage and took home an average of $41,774 each.

Government allowance and payments were collected by 165 people for on average $6,015. 210 people received the pension or other allowance.

Charitable gifts and donations of an average of $264 were made by 840 people.

The costs of tax affairs for 1,035 people were claimed for $263 each.