TaxStats for postcode 2626 FY2013

Postcode 2626 includes Bredbo, Bumbalong, Colinton in New South Wales, and is in the federal electorate of Eden-Monaro.

In FY 2013 the ATO recorded 280 individuals in postcode 2626. Of these people, 280 made a taxable income or loss. 230 of the population paid a gross amount of tax. After tax offsets, 210 people actually paid a net amount of tax. There were 70 non-taxable people who paid net tax of $0.

Compare TaxStats of 2626 with NSW

2626 TaxStats FY2013%Ppl#Ppl2626
Avg
2626
Total
Total Individuals100%280
Income
Salary or Wage 73%205$58,478$11,988,075
Gross Interest62%175$870$152,182
Unfranked Dividends5%15$114$1,710
Franked Dividends23%65$2,959$192,359
Dividend Franking Credit23%65$1,267$82,364
Capital Gains5%15$1,830$27,453
Termination Payouts2%5$1,941$9,703
Tips/Directors Fees etc14%40$7,842$313,665
Business Income11%30$13,064$391,915
Foreign Income4%10$563$5,632
Government payments4%10$2,594$25,939
Government pensions7%20$9,568$191,363
Total Income or Loss100%280$52,414$14,676,049
Deducations
Charitable Gifts30%85$374$31,780
Cost of Tax Affairs41%115$363$41,788
Work Car expenses29%80$2,204$176,358
Work Travel expenses9%25$1,063$26,568
Self Education expenses5%15$1,888$28,317
Total Deductions80%225$2,663$599,076
Taxation
Taxable Income100%280$50,244$14,068,191
Medicare Levy 71%200$957$191,462
Medicare Surcharge 2%5$316$1,578
Gross Tax 82%230$11,691$2,688,970
Net Tax 75%210$13,063$2,743,233
Average Tax 100%280 $9,797$2,743,233
Gross Tax Rate 82%230 23%$2,688,970
Net Tax Rate 75%210 26%$2,743,233
Average Tax Rate 100%280 19%$2,743,233
%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 $50,244. It is estimated that the average taxable income for people who paid a net amount of tax was $62991.

The average net tax paid was $13,063. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 200 people for an average of $957. 5 people paid $316 on average more for the Medicare surcharge.

205 people earned a salary or wage and took home an average of $58,478 each.

Government allowance and payments were collected by 10 people for on average $2,594. 20 people received the pension or other allowance.

Charitable gifts and donations of an average of $374 were made by 85 people.

The costs of tax affairs for 115 people were claimed for $363 each.