TaxStats for postcode 2624 FY2013
Postcode 2624 includes Blue Cow, Charlottes Pass, Kosciusko, Perisher Valley, Smiggin Holes in New South Wales, and is in the federal electorate of Eden-Monaro.
In FY 2013 the ATO recorded 65 individuals in postcode 2624. Of these people, 65 made a taxable income or loss. 45 of the population paid a gross amount of tax. After tax offsets, 35 people actually paid a net amount of tax. There were 30 non-taxable people who paid net tax of $0.
Compare TaxStats of 2624 with NSW
| 2624 TaxStats FY2013 | %Ppl | #Ppl | 2624 Avg | 2624 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 65 | ||
| Income | ||||
| Salary or Wage | 92% | 60 | $35,021 | $2,101,264 |
| Gross Interest | 38% | 25 | $829 | $20,725 |
| Unfranked Dividends | 8% | 5 | $182 | $911 |
| Franked Dividends | 15% | 10 | $6,471 | $64,710 |
| Dividend Franking Credit | 15% | 10 | $2,773 | $27,730 |
| Capital Gains | % | 0 | $ | $0 |
| Termination Payouts | % | 0 | $ | $0 |
| Tips/Directors Fees etc | 8% | 5 | $190 | $948 |
| Business Income | 8% | 5 | $25,287 | $126,434 |
| Foreign Income | % | 0 | $ | $0 |
| Government payments | 8% | 5 | $450 | $2,251 |
| Government pensions | % | 0 | $ | $0 |
| Total Income or Loss | 100% | 65 | $36,492 | $2,371,987 |
| Deducations | ||||
| Charitable Gifts | 23% | 15 | $319 | $4,779 |
| Cost of Tax Affairs | 46% | 30 | $413 | $12,387 |
| Work Car expenses | 23% | 15 | $1,847 | $27,699 |
| Work Travel expenses | 8% | 5 | $917 | $4,587 |
| Self Education expenses | 8% | 5 | $798 | $3,991 |
| Total Deductions | 69% | 45 | $2,312 | $104,026 |
| Taxation | ||||
| Taxable Income | 100% | 65 | $34,892 | $2,267,953 |
| Medicare Levy | 54% | 35 | $804 | $28,137 |
| Medicare Surcharge | % | 0 | $ | $0 |
| Gross Tax | 69% | 45 | $8,126 | $365,690 |
| Net Tax | 54% | 35 | $10,672 | $373,516 |
| Average Tax | 100% | 65 | $5,746 | $373,516 |
| Gross Tax Rate | 69% | 45 | 23% | $365,690 |
| Net Tax Rate | 54% | 35 | 31% | $373,516 |
| Average Tax Rate | 100% | 65 | 16% | $373,516 |
| %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 $34,892. It is estimated that the average taxable income for people who paid a net amount of tax was $54513.
The average net tax paid was $10,672. This equates to an average tax of 31 cents in the dollar on taxable income.
The Medicare levy was paid by 35 people for an average of $804.
60 people earned a salary or wage and took home an average of $35,021 each.
Government allowance and payments were collected by 5 people for on average $450. 0 people received the pension or other allowance.
Charitable gifts and donations of an average of $319 were made by 15 people.
The costs of tax affairs for 30 people were claimed for $413 each.