TaxStats for postcode 2594 FY2013

Postcode 2594 includes Ashville, Ashville, Berthong, Berthong, Bribbaree, Bribbaree, Bulla Creek, Burrangong, Kikiamah, Maimuru, Maimuru, Memagong, Memagong, Milvale, Milvale, Monteagle, Thuddungra, Thuddungra, Tubbul, Tubbul, Weedallion, Weedallion, Yannawah, Yannawah, Young in New South Wales, and is in the federal electorate of Hume.

In FY 2013 the ATO recorded 5,970 individuals in postcode 2594. Of these people, 5,900 made a taxable income or loss. 4,610 of the population paid a gross amount of tax. After tax offsets, 4,095 people actually paid a net amount of tax. There were 1,805 non-taxable people who paid net tax of $0.

Compare TaxStats of 2594 with NSW

2594 TaxStats FY2013%Ppl#Ppl2594
Total Individuals100%5,970
Salary or Wage 74%4,415$40,957$180,824,158
Gross Interest63%3,790$1,956$7,414,993
Unfranked Dividends11%645$661$426,544
Franked Dividends29%1,750$5,667$9,917,013
Dividend Franking Credit29%1,750$2,428$4,248,769
Capital Gains4%230$7,799$1,793,676
Termination Payouts1%55$7,249$398,695
Tips/Directors Fees etc20%1,220$2,417$2,948,832
Business Income9%520$16,200$8,424,204
Foreign Income5%300$948$284,544
Government payments9%535$5,457$2,919,311
Government pensions7%420$9,434$3,962,246
Total Income or Loss100%5,950$44,924$267,296,595
Charitable Gifts26%1,555$317$493,692
Cost of Tax Affairs46%2,770$294$813,564
Work Car expenses24%1,425$2,275$3,241,462
Work Travel expenses8%455$2,539$1,155,035
Self Education expenses4%210$1,466$307,922
Total Deductions79%4,725$3,092$14,608,767
Taxable Income99%5,900$42,225$249,125,785
Medicare Levy 64%3,830$846$3,240,367
Medicare Surcharge 1%45$1,229$55,302
Gross Tax 77%4,610$9,480$43,700,893
Net Tax 69%4,095$10,682$43,744,675
Average Tax 100%5,970 $7,327$43,744,675
Gross Tax Rate 77%4,610 22%$43,700,893
Net Tax Rate 69%4,095 25%$43,744,675
Average Tax Rate 100%5,970 17%$43,744,675
%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 $42,225. It is estimated that the average taxable income for people who paid a net amount of tax was $55547.

The average net tax paid was $10,682. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 3,830 people for an average of $846. 45 people paid $1,229 on average more for the Medicare surcharge.

4,415 people earned a salary or wage and took home an average of $40,957 each.

Government allowance and payments were collected by 535 people for on average $5,457. 420 people received the pension or other allowance.

Charitable gifts and donations of an average of $317 were made by 1,555 people.

The costs of tax affairs for 2,770 people were claimed for $294 each.