TaxStats for postcode 2620 FY2013
Postcode 2620 includes Beard, Burra, Burra, Carwoola, Clear Range, Clear Range, Crestwood, Crestwood, Dodsworth, Environa, Googong, Googong, Greenleigh, Gundaroo, Hume, Karabar, Kowen Forest, Letchworth, Michelago, Michelago, Oaks Estate, Queanbeyan, Queanbeyan East, Queanbeyan West, Ridgeway, Royalla, Royalla, Sutton, Tharwa, The Angle, The Angle, The Ridgeway, Tinderry, Tinderry, Top Naas, Tralee, Urila, Urila, Wamboin, Williamsdale, Williamsdale, Yarrow in New South Wales, and is in the federal electorate of Eden-Monaro.
In FY 2013 the ATO recorded 22,800 individuals in postcode 2620. Of these people, 22,705 made a taxable income or loss. 19,715 of the population paid a gross amount of tax. After tax offsets, 18,620 people actually paid a net amount of tax. There were 4,085 non-taxable people who paid net tax of $0.
Compare TaxStats of 2620 with NSW
| 2620 TaxStats FY2013 | %Ppl | #Ppl | 2620 Avg | 2620 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 22,800 | ||
| Income | ||||
| Salary or Wage | 84% | 19,180 | $59,719 | $1,145,401,656 |
| Gross Interest | 56% | 12,840 | $1,547 | $19,865,281 |
| Unfranked Dividends | 7% | 1,560 | $774 | $1,207,002 |
| Franked Dividends | 25% | 5,675 | $4,428 | $25,130,972 |
| Dividend Franking Credit | 25% | 5,645 | $1,907 | $10,765,193 |
| Capital Gains | 3% | 775 | $20,348 | $15,769,699 |
| Termination Payouts | 1% | 330 | $10,794 | $3,562,059 |
| Tips/Directors Fees etc | 18% | 4,165 | $3,345 | $13,932,766 |
| Business Income | 8% | 1,745 | $16,829 | $29,366,011 |
| Foreign Income | 4% | 965 | $1,138 | $1,098,189 |
| Government payments | 4% | 955 | $4,746 | $4,532,840 |
| Government pensions | 4% | 955 | $8,753 | $8,358,646 |
| Total Income or Loss | 100% | 22,740 | $61,848 | $1,406,420,879 |
| Deducations | ||||
| Charitable Gifts | 42% | 9,645 | $419 | $4,036,945 |
| Cost of Tax Affairs | 50% | 11,395 | $383 | $4,362,596 |
| Work Car expenses | 27% | 6,140 | $2,207 | $13,549,929 |
| Work Travel expenses | 8% | 1,855 | $1,385 | $2,569,023 |
| Self Education expenses | 5% | 1,225 | $1,818 | $2,226,999 |
| Total Deductions | 85% | 19,425 | $2,582 | $50,159,355 |
| Taxation | ||||
| Taxable Income | 100% | 22,705 | $59,621 | $1,353,690,243 |
| Medicare Levy | 78% | 17,875 | $1,041 | $18,608,696 |
| Medicare Surcharge | 2% | 525 | $1,061 | $557,258 |
| Gross Tax | 86% | 19,715 | $14,472 | $285,305,709 |
| Net Tax | 82% | 18,620 | $15,690 | $292,146,505 |
| Average Tax | 100% | 22,800 | $12,813 | $292,146,505 |
| Gross Tax Rate | 86% | 19,715 | 24% | $285,305,709 |
| Net Tax Rate | 82% | 18,620 | 26% | $292,146,505 |
| Average Tax Rate | 100% | 22,800 | 21% | $292,146,505 |
| %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 $59,621. It is estimated that the average taxable income for people who paid a net amount of tax was $70068.
The average net tax paid was $15,690. This equates to an average tax of 26 cents in the dollar on taxable income.
The Medicare levy was paid by 17,875 people for an average of $1,041. 525 people paid $1,061 on average more for the Medicare surcharge.
19,180 people earned a salary or wage and took home an average of $59,719 each.
Government allowance and payments were collected by 955 people for on average $4,746. 955 people received the pension or other allowance.
Charitable gifts and donations of an average of $419 were made by 9,645 people.
The costs of tax affairs for 11,395 people were claimed for $383 each.