TaxStats for postcode 2406 FY2013

Postcode 2406 includes Mungindi, Mungindi, Weemelah, Weemelah in New South Wales, and is in the federal electorate of Parkes.

In FY 2013 the ATO recorded 495 individuals in postcode 2406. Of these people, 485 made a taxable income or loss. 395 of the population paid a gross amount of tax. After tax offsets, 365 people actually paid a net amount of tax. There were 120 non-taxable people who paid net tax of $0.

Compare TaxStats of 2406 with NSW

2406 TaxStats FY2013%Ppl#Ppl2406
Avg
2406
Total
Total Individuals100%495
Income
Salary or Wage 74%365$44,650$16,297,363
Gross Interest55%270$2,409$650,308
Unfranked Dividends9%45$364$16,388
Franked Dividends21%105$6,058$636,097
Dividend Franking Credit21%105$2,596$272,591
Capital Gains3%15$54,726$820,887
Termination Payouts3%15$1,034$15,514
Tips/Directors Fees etc12%60$6,231$373,833
Business Income13%65$12,095$786,152
Foreign Income5%25$169$4,220
Government payments8%40$5,870$234,789
Government pensions5%25$6,721$168,019
Total Income or Loss99%490$52,979$25,959,923
Deducations
Charitable Gifts23%115$258$29,629
Cost of Tax Affairs45%225$293$65,956
Work Car expenses23%115$2,428$279,190
Work Travel expenses5%25$1,277$31,925
Self Education expenses2%10$1,033$10,333
Total Deductions77%380$2,848$1,082,161
Taxation
Taxable Income98%485$46,812$22,703,882
Medicare Levy 68%335$979$327,863
Medicare Surcharge 1%5$676$3,379
Gross Tax 80%395$12,553$4,958,244
Net Tax 74%365$13,377$4,882,680
Average Tax 100%495 $9,864$4,882,680
Gross Tax Rate 80%395 27%$4,958,244
Net Tax Rate 74%365 29%$4,882,680
Average Tax Rate 100%495 21%$4,882,680
%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 $46,812. It is estimated that the average taxable income for people who paid a net amount of tax was $58257.

The average net tax paid was $13,377. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 335 people for an average of $979. 5 people paid $676 on average more for the Medicare surcharge.

365 people earned a salary or wage and took home an average of $44,650 each.

Government allowance and payments were collected by 40 people for on average $5,870. 25 people received the pension or other allowance.

Charitable gifts and donations of an average of $258 were made by 115 people.

The costs of tax affairs for 225 people were claimed for $293 each.