TaxStats for postcode 2628 FY2013

Postcode 2628 includes Avonside, Beloka, Berridale, Braemar Bay, Byadbo Wilderness, Cootralantra, Dalgety, Eucumbene, Eucumbene Cove, Jimenbuen, Lower Eucembene, Nimmo, Numbla Vale, Paupong, Rocky Plain, Snowy Plain, Snowy Plains in New South Wales, and is in the federal electorate of Eden-Monaro.

In FY 2013 the ATO recorded 990 individuals in postcode 2628. Of these people, 980 made a taxable income or loss. 760 of the population paid a gross amount of tax. After tax offsets, 660 people actually paid a net amount of tax. There were 320 non-taxable people who paid net tax of $0.

Compare TaxStats of 2628 with NSW

2628 TaxStats FY2013%Ppl#Ppl2628
Avg
2628
Total
Total Individuals100%990
Income
Salary or Wage 72%715$43,073$30,797,395
Gross Interest64%630$2,184$1,375,784
Unfranked Dividends12%120$454$54,469
Franked Dividends31%305$3,797$1,158,155
Dividend Franking Credit31%305$1,628$496,422
Capital Gains3%30$8,806$264,178
Termination Payouts2%15$7,106$106,584
Tips/Directors Fees etc18%175$2,267$396,653
Business Income17%165$5,918$976,430
Foreign Income3%25$612$15,299
Government payments6%55$5,107$280,903
Government pensions8%80$10,492$839,388
Total Income or Loss100%990$42,655$42,228,793
Deducations
Charitable Gifts28%280$319$89,268
Cost of Tax Affairs40%400$325$129,837
Work Car expenses20%200$2,553$510,577
Work Travel expenses7%70$2,162$151,371
Self Education expenses4%40$1,006$40,222
Total Deductions76%750$2,522$1,891,741
Taxation
Taxable Income99%980$40,831$40,014,390
Medicare Levy 62%615$825$507,482
Medicare Surcharge 1%5$753$3,767
Gross Tax 77%760$8,690$6,604,406
Net Tax 67%660$9,770$6,448,137
Average Tax 100%990 $6,513$6,448,137
Gross Tax Rate 77%760 21%$6,604,406
Net Tax Rate 67%660 24%$6,448,137
Average Tax Rate 100%990 16%$6,448,137
%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 $40,831. It is estimated that the average taxable income for people who paid a net amount of tax was $54810.

The average net tax paid was $9,770. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 615 people for an average of $825. 5 people paid $753 on average more for the Medicare surcharge.

715 people earned a salary or wage and took home an average of $43,073 each.

Government allowance and payments were collected by 55 people for on average $5,107. 80 people received the pension or other allowance.

Charitable gifts and donations of an average of $319 were made by 280 people.

The costs of tax affairs for 400 people were claimed for $325 each.