TaxStats for postcode 2585 FY2013

Postcode 2585 includes Galong in New South Wales, and is in the federal electorate of Hume.

In FY 2013 the ATO recorded 160 individuals in postcode 2585. Of these people, 155 made a taxable income or loss. 115 of the population paid a gross amount of tax. After tax offsets, 105 people actually paid a net amount of tax. There were 50 non-taxable people who paid net tax of $0.

Compare TaxStats of 2585 with NSW

2585 TaxStats FY2013%Ppl#Ppl2585
Total Individuals100%160
Salary or Wage 53%85$39,759$3,379,542
Gross Interest66%105$2,509$263,421
Unfranked Dividends22%35$1,560$54,590
Franked Dividends38%60$9,670$580,187
Dividend Franking Credit38%60$4,132$247,917
Capital Gains9%15$12,152$182,282
Termination Payouts%0$$0
Tips/Directors Fees etc12%20$2,142$42,841
Business Income9%15$4,476$67,142
Foreign Income6%10$110$1,095
Government payments6%10$7,893$78,931
Government pensions6%10$10,879$108,787
Total Income or Loss97%155$47,696$7,392,930
Charitable Gifts25%40$178$7,112
Cost of Tax Affairs44%70$1,367$95,658
Work Car expenses12%20$3,176$63,525
Work Travel expenses3%5$1,831$9,155
Self Education expenses3%5$977$4,887
Total Deductions72%115$5,364$616,881
Taxable Income97%155$43,368$6,721,974
Medicare Levy 62%100$878$87,849
Medicare Surcharge 3%5$767$3,833
Gross Tax 72%115$10,878$1,250,942
Net Tax 66%105$11,433$1,200,449
Average Tax 100%160 $7,503$1,200,449
Gross Tax Rate 72%115 25%$1,250,942
Net Tax Rate 66%105 26%$1,200,449
Average Tax Rate 100%160 17%$1,200,449
%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 $43,368. It is estimated that the average taxable income for people who paid a net amount of tax was $58305.

The average net tax paid was $11,433. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 100 people for an average of $878. 5 people paid $767 on average more for the Medicare surcharge.

85 people earned a salary or wage and took home an average of $39,759 each.

Government allowance and payments were collected by 10 people for on average $7,893. 10 people received the pension or other allowance.

Charitable gifts and donations of an average of $178 were made by 40 people.

The costs of tax affairs for 70 people were claimed for $1,367 each.