TaxStats for postcode 2630 FY2013

Postcode 2630 includes Arable, Badja, Billilingra, Binjura, Bobundara, Buckenderra, Bungarby, Bunyan, Carlaminda, Chakola, Coolringdon, Cooma, Cooma North, Coonerang, Countegany, Dairymans Plains, Dangelong, Dry Plain, Frying Pan, Glen Fergus, Ironmungy, Jerangle, Maffra, Middle Flat, Middlingbank, Murrumbucca, Myalla, Numeralla, Peak View, Pine Valley, Polo Flat, Rhine Falls, Rock Flat, Rose Valley, Shannons Flat, Springfield, The Brothers, Tuross, Wambrook in New South Wales, and is in the federal electorate of Eden-Monaro.

In FY 2013 the ATO recorded 4,955 individuals in postcode 2630. Of these people, 4,925 made a taxable income or loss. 3,960 of the population paid a gross amount of tax. After tax offsets, 3,510 people actually paid a net amount of tax. There were 1,415 non-taxable people who paid net tax of $0.

Compare TaxStats of 2630 with NSW

2630 TaxStats FY2013%Ppl#Ppl2630
Avg
2630
Total
Total Individuals100%4,955
Income
Salary or Wage 75%3,705$46,549$172,465,128
Gross Interest62%3,080$2,159$6,648,655
Unfranked Dividends10%495$651$322,061
Franked Dividends30%1,495$4,333$6,477,490
Dividend Franking Credit30%1,495$1,857$2,776,037
Capital Gains4%190$10,390$1,974,045
Termination Payouts1%35$13,014$455,490
Tips/Directors Fees etc19%965$1,973$1,903,861
Business Income10%510$11,318$5,772,344
Foreign Income5%225$564$126,891
Government payments7%370$5,864$2,169,571
Government pensions8%400$8,983$3,593,113
Total Income or Loss100%4,940$47,607$235,179,911
Deducations
Charitable Gifts33%1,655$456$755,089
Cost of Tax Affairs44%2,175$378$822,007
Work Car expenses18%905$2,247$2,033,789
Work Travel expenses7%365$1,592$581,210
Self Education expenses5%240$1,598$383,431
Total Deductions79%3,935$2,412$9,491,608
Taxation
Taxable Income99%4,925$45,701$225,078,649
Medicare Levy 67%3,335$887$2,959,402
Medicare Surcharge 1%65$1,078$70,084
Gross Tax 80%3,960$10,377$41,093,267
Net Tax 71%3,510$11,712$41,108,631
Average Tax 100%4,955 $8,296$41,108,631
Gross Tax Rate 80%3,960 23%$41,093,267
Net Tax Rate 71%3,510 26%$41,108,631
Average Tax Rate 100%4,955 18%$41,108,631
%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 $45,701. It is estimated that the average taxable income for people who paid a net amount of tax was $59287.

The average net tax paid was $11,712. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 3,335 people for an average of $887. 65 people paid $1,078 on average more for the Medicare surcharge.

3,705 people earned a salary or wage and took home an average of $46,549 each.

Government allowance and payments were collected by 370 people for on average $5,864. 400 people received the pension or other allowance.

Charitable gifts and donations of an average of $456 were made by 1,655 people.

The costs of tax affairs for 2,175 people were claimed for $378 each.