TaxStats for postcode 2344 FY2013

Postcode 2344 includes Duri, Winton in New South Wales, and is in the federal electorate of New England.

In FY 2013 the ATO recorded 415 individuals in postcode 2344. Of these people, 415 made a taxable income or loss. 290 of the population paid a gross amount of tax. After tax offsets, 255 people actually paid a net amount of tax. There were 160 non-taxable people who paid net tax of $0.

Compare TaxStats of 2344 with NSW

2344 TaxStats FY2013%Ppl#Ppl2344
Total Individuals100%415
Salary or Wage 69%285$48,706$13,881,167
Gross Interest60%250$3,565$891,185
Unfranked Dividends18%75$271$20,328
Franked Dividends39%160$2,905$464,863
Dividend Franking Credit39%160$1,245$199,179
Capital Gains5%20$2,641$52,814
Termination Payouts1%5$4,798$23,992
Tips/Directors Fees etc19%80$4,941$395,263
Business Income13%55$-8,196$-450,782
Foreign Income6%25$298$7,457
Government payments6%25$4,256$106,412
Government pensions7%30$7,811$234,337
Total Income or Loss100%415$40,910$16,977,839
Charitable Gifts22%90$283$25,464
Cost of Tax Affairs42%175$242$42,310
Work Car expenses18%75$2,610$195,736
Work Travel expenses5%20$4,218$84,352
Self Education expenses2%10$1,269$12,690
Total Deductions75%310$2,812$871,732
Taxable Income100%415$38,681$16,052,677
Medicare Levy 60%250$856$213,955
Medicare Surcharge 2%10$1,257$12,570
Gross Tax 70%290$10,130$2,937,726
Net Tax 61%255$11,187$2,852,675
Average Tax 100%415 $6,874$2,852,675
Gross Tax Rate 70%290 26%$2,937,726
Net Tax Rate 61%255 29%$2,852,675
Average Tax Rate 100%415 18%$2,852,675
%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 $38,681. It is estimated that the average taxable income for people who paid a net amount of tax was $55422.

The average net tax paid was $11,187. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 250 people for an average of $856. 10 people paid $1,257 on average more for the Medicare surcharge.

285 people earned a salary or wage and took home an average of $48,706 each.

Government allowance and payments were collected by 25 people for on average $4,256. 30 people received the pension or other allowance.

Charitable gifts and donations of an average of $283 were made by 90 people.

The costs of tax affairs for 175 people were claimed for $242 each.