TaxStats for postcode 2381 FY2013

Postcode 2381 includes Breeza, Curlewis, Nea, Premer, Premer, Pullaming, Tambar Springs, Tambar Springs in New South Wales, and is in the federal electorate of New England.

In FY 2013 the ATO recorded 605 individuals in postcode 2381. Of these people, 595 made a taxable income or loss. 450 of the population paid a gross amount of tax. After tax offsets, 400 people actually paid a net amount of tax. There were 195 non-taxable people who paid net tax of $0.

Compare TaxStats of 2381 with NSW

2381 TaxStats FY2013%Ppl#Ppl2381
Avg
2381
Total
Total Individuals100%605
Income
Salary or Wage 68%410$45,841$18,794,819
Gross Interest53%320$3,567$1,141,428
Unfranked Dividends10%60$1,721$103,274
Franked Dividends26%160$8,328$1,332,508
Dividend Franking Credit26%160$3,569$571,055
Capital Gains5%30$6,907$207,212
Termination Payouts1%5$18,823$94,116
Tips/Directors Fees etc17%100$2,493$249,340
Business Income12%70$-11,163$-781,427
Foreign Income3%20$55$1,109
Government payments10%60$6,564$393,857
Government pensions5%30$10,859$325,760
Total Income or Loss99%600$43,074$25,844,400
Deducations
Charitable Gifts20%120$323$38,813
Cost of Tax Affairs41%250$340$84,914
Work Car expenses19%115$2,419$278,242
Work Travel expenses6%35$4,280$149,785
Self Education expenses3%20$777$15,533
Total Deductions74%450$3,434$1,545,383
Taxation
Taxable Income98%595$40,367$24,018,435
Medicare Levy 63%380$906$344,147
Medicare Surcharge 2%10$1,100$11,000
Gross Tax 74%450$11,118$5,003,070
Net Tax 66%400$12,382$4,952,933
Average Tax 100%605 $8,187$4,952,933
Gross Tax Rate 74%450 28%$5,003,070
Net Tax Rate 66%400 31%$4,952,933
Average Tax Rate 100%605 20%$4,952,933
%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 $40,367. It is estimated that the average taxable income for people who paid a net amount of tax was $54196.

The average net tax paid was $12,382. This equates to an average tax of 31 cents in the dollar on taxable income.

The Medicare levy was paid by 380 people for an average of $906. 10 people paid $1,100 on average more for the Medicare surcharge.

410 people earned a salary or wage and took home an average of $45,841 each.

Government allowance and payments were collected by 60 people for on average $6,564. 30 people received the pension or other allowance.

Charitable gifts and donations of an average of $323 were made by 120 people.

The costs of tax affairs for 250 people were claimed for $340 each.