TaxStats for postcode 2780 FY2013

Postcode 2780 includes Katoomba, Katoomba Dc, Leura, Medlow Bath, Yosemite in New South Wales, and is in the federal electorate of Macquarie.

In FY 2013 the ATO recorded 6,825 individuals in postcode 2780. Of these people, 6,780 made a taxable income or loss. 5,235 of the population paid a gross amount of tax. After tax offsets, 4,560 people actually paid a net amount of tax. There were 2,220 non-taxable people who paid net tax of $0.

Compare TaxStats of 2780 with NSW

2780 TaxStats FY2013%Ppl#Ppl2780
Avg
2780
Total
Total Individuals100%6,825
Income
Salary or Wage 71%4,860$46,691$226,920,353
Gross Interest60%4,080$2,580$10,526,111
Unfranked Dividends8%525$898$471,604
Franked Dividends24%1,670$8,226$13,737,509
Dividend Franking Credit24%1,660$3,539$5,874,953
Capital Gains3%220$10,706$2,355,324
Termination Payouts1%80$16,980$1,358,407
Tips/Directors Fees etc19%1,310$2,799$3,667,023
Business Income17%1,150$15,624$17,967,116
Foreign Income5%355$856$303,711
Government payments12%805$5,660$4,556,665
Government pensions9%605$9,526$5,763,351
Total Income or Loss100%6,800$47,949$326,051,625
Deducations
Charitable Gifts35%2,380$594$1,414,668
Cost of Tax Affairs49%3,365$394$1,326,772
Work Car expenses18%1,230$2,110$2,594,762
Work Travel expenses8%515$1,103$567,802
Self Education expenses4%270$1,738$469,177
Total Deductions78%5,330$2,395$12,764,273
Taxation
Taxable Income99%6,780$46,075$312,386,089
Medicare Levy 63%4,325$929$4,018,760
Medicare Surcharge 1%100$1,201$120,105
Gross Tax 77%5,235$11,233$58,807,080
Net Tax 67%4,560$12,985$59,212,495
Average Tax 100%6,825 $8,676$59,212,495
Gross Tax Rate 77%5,235 24%$58,807,080
Net Tax Rate 67%4,560 28%$59,212,495
Average Tax Rate 100%6,825 19%$59,212,495
%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 $46,075. It is estimated that the average taxable income for people who paid a net amount of tax was $62664.

The average net tax paid was $12,985. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 4,325 people for an average of $929. 100 people paid $1,201 on average more for the Medicare surcharge.

4,860 people earned a salary or wage and took home an average of $46,691 each.

Government allowance and payments were collected by 805 people for on average $5,660. 605 people received the pension or other allowance.

Charitable gifts and donations of an average of $594 were made by 2,380 people.

The costs of tax affairs for 3,365 people were claimed for $394 each.