TaxStats for postcode 2582 FY2013

Postcode 2582 includes Bango, Berremangra, Berremangra, Boambolo, Bookham, Bookham, Bowning, Burrinjuck, Burrinjuck, Cavan, Dog Trap Crossing, Dog Trap Crossing, Good Hope, Goondah, Goondah, Jeir, Jerrawa, Jerrawa, Kangiara, Laverstock, Manton, Manton, Marchmont, Mullion, Murrumbateman, Murrumbateman, Nanangroe, Nanangroe, Narrangullen, Tangmangaroo, Tangmangaroo, Wee Jasper, Wee Jasper, Woolgarlo, Yass, Yass River in New South Wales, and is in the federal electorate of Hume.

In FY 2013 the ATO recorded 7,110 individuals in postcode 2582. Of these people, 7,050 made a taxable income or loss. 5,840 of the population paid a gross amount of tax. After tax offsets, 5,395 people actually paid a net amount of tax. There were 1,655 non-taxable people who paid net tax of $0.

Compare TaxStats of 2582 with NSW

2582 TaxStats FY2013%Ppl#Ppl2582
Avg
2582
Total
Total Individuals100%7,110
Income
Salary or Wage 78%5,570$58,861$327,853,283
Gross Interest61%4,365$1,836$8,013,571
Unfranked Dividends10%685$528$361,378
Franked Dividends31%2,185$4,505$9,844,057
Dividend Franking Credit31%2,180$1,931$4,210,403
Capital Gains4%310$11,120$3,447,327
Termination Payouts1%90$15,535$1,398,130
Tips/Directors Fees etc18%1,285$3,787$4,866,687
Business Income10%705$7,283$5,134,662
Foreign Income5%365$967$352,996
Government payments3%245$4,840$1,185,683
Government pensions5%360$8,583$3,089,713
Total Income or Loss100%7,080$58,922$417,166,453
Deducations
Charitable Gifts40%2,820$374$1,055,956
Cost of Tax Affairs43%3,055$428$1,306,902
Work Car expenses22%1,560$2,348$3,663,567
Work Travel expenses7%500$1,682$841,102
Self Education expenses4%280$1,611$451,102
Total Deductions82%5,810$2,660$15,452,643
Taxation
Taxable Income99%7,050$56,754$400,112,353
Medicare Levy 73%5,195$1,061$5,511,522
Medicare Surcharge 2%125$1,141$142,596
Gross Tax 82%5,840$14,688$85,778,640
Net Tax 76%5,395$16,110$86,914,571
Average Tax 100%7,110 $12,224$86,914,571
Gross Tax Rate 82%5,840 26%$85,778,640
Net Tax Rate 76%5,395 28%$86,914,571
Average Tax Rate 100%7,110 22%$86,914,571
%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 $56,754. It is estimated that the average taxable income for people who paid a net amount of tax was $70482.

The average net tax paid was $16,110. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 5,195 people for an average of $1,061. 125 people paid $1,141 on average more for the Medicare surcharge.

5,570 people earned a salary or wage and took home an average of $58,861 each.

Government allowance and payments were collected by 245 people for on average $4,840. 360 people received the pension or other allowance.

Charitable gifts and donations of an average of $374 were made by 2,820 people.

The costs of tax affairs for 3,055 people were claimed for $428 each.