TaxStats for postcode 2629 FY2013

Postcode 2629 includes Adaminaby, Anglers Reach, Bolaro, Cabramurra, Kiandra, Old Adaminaby, Providence Portal, Tantangara, Yaouk in New South Wales, and is in the federal electorate of Eden-Monaro.

In FY 2013 the ATO recorded 305 individuals in postcode 2629. Of these people, 300 made a taxable income or loss. 210 of the population paid a gross amount of tax. After tax offsets, 175 people actually paid a net amount of tax. There were 125 non-taxable people who paid net tax of $0.

Compare TaxStats of 2629 with NSW

2629 TaxStats FY2013%Ppl#Ppl2629
Total Individuals100%305
Salary or Wage 69%210$39,328$8,258,804
Gross Interest52%160$2,005$320,729
Unfranked Dividends7%20$159$3,173
Franked Dividends28%85$2,467$209,716
Dividend Franking Credit28%85$1,057$89,877
Capital Gains3%10$2,617$26,172
Termination Payouts2%5$1,034$5,170
Tips/Directors Fees etc21%65$2,407$156,450
Business Income10%30$3,280$98,399
Foreign Income3%10$385$3,852
Government payments8%25$6,305$157,613
Government pensions10%30$9,961$298,832
Total Income or Loss100%305$36,749$11,208,368
Charitable Gifts20%60$274$16,436
Cost of Tax Affairs46%140$357$49,919
Work Car expenses16%50$2,457$122,837
Work Travel expenses5%15$897$13,456
Self Education expenses2%5$811$4,055
Total Deductions72%220$1,684$370,571
Taxable Income98%300$36,092$10,827,582
Medicare Levy 52%160$778$124,531
Medicare Surcharge 2%5$707$3,537
Gross Tax 69%210$8,098$1,700,497
Net Tax 57%175$9,042$1,582,309
Average Tax 100%305 $5,188$1,582,309
Gross Tax Rate 69%210 22%$1,700,497
Net Tax Rate 57%175 25%$1,582,309
Average Tax Rate 100%305 14%$1,582,309
%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 $36,092. It is estimated that the average taxable income for people who paid a net amount of tax was $53300.

The average net tax paid was $9,042. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 160 people for an average of $778. 5 people paid $707 on average more for the Medicare surcharge.

210 people earned a salary or wage and took home an average of $39,328 each.

Government allowance and payments were collected by 25 people for on average $6,305. 30 people received the pension or other allowance.

Charitable gifts and donations of an average of $274 were made by 60 people.

The costs of tax affairs for 140 people were claimed for $357 each.