TaxStats for postcode 2422 FY2013
Postcode 2422 includes Back Creek, Bakers Creek, Barrington, Barrington Tops, Baxters Ridge, Belbora, Berrico, Bindera, Bowman, Bowman Farm, Bretti, Bulliac, Bundook, Callaghans Creek, Callaghans Creeks, Cobark, Coneac, Copeland, Corroboree Flat, Craven, Craven Plateau, Curricabark, Dewitt, Doon Ayre, Faulkland, Forbesdale, Gangat, Giro, Glen Ward, Gloucester, Gloucester Tops, Invergordon, Kia Ora, Mares Run, Maudville, Mernot, Mograni, Mograni Creek, Moppy, Mount Peerless, Pitlochry, Rawdon Vale, Rookhurst, Stratford, Terreel, Tibbuc, Titaatee Creek, Tugrabakh, Upper Bowman, Wallanbah, Wapra, Wards River, Waukivory, Wirradgurie, Woko in New South Wales, and is in the federal electorate of Lyne.
In FY 2013 the ATO recorded 2,770 individuals in postcode 2422. Of these people, 2,715 made a taxable income or loss. 1,840 of the population paid a gross amount of tax. After tax offsets, 1,610 people actually paid a net amount of tax. There were 1,105 non-taxable people who paid net tax of $0.
Compare TaxStats of 2422 with NSW
| 2422 TaxStats FY2013 | %Ppl | #Ppl | 2422 Avg | 2422 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 2,770 | ||
| Income | ||||
| Salary or Wage | 66% | 1,825 | $45,399 | $82,852,677 |
| Gross Interest | 61% | 1,695 | $2,754 | $4,668,025 |
| Unfranked Dividends | 13% | 370 | $372 | $137,526 |
| Franked Dividends | 37% | 1,020 | $3,393 | $3,461,364 |
| Dividend Franking Credit | 37% | 1,020 | $1,453 | $1,481,874 |
| Capital Gains | 4% | 120 | $9,230 | $1,107,576 |
| Termination Payouts | 1% | 20 | $21,268 | $425,354 |
| Tips/Directors Fees etc | 21% | 575 | $2,059 | $1,184,057 |
| Business Income | 13% | 350 | $5,828 | $2,039,915 |
| Foreign Income | 6% | 175 | $396 | $69,315 |
| Government payments | 8% | 215 | $5,768 | $1,240,216 |
| Government pensions | 9% | 250 | $9,459 | $2,364,846 |
| Total Income or Loss | 99% | 2,755 | $39,208 | $108,016,965 |
| Deducations | ||||
| Charitable Gifts | 25% | 690 | $458 | $315,708 |
| Cost of Tax Affairs | 37% | 1,025 | $314 | $322,162 |
| Work Car expenses | 16% | 440 | $2,103 | $925,170 |
| Work Travel expenses | 5% | 150 | $3,110 | $466,467 |
| Self Education expenses | 4% | 100 | $2,208 | $220,792 |
| Total Deductions | 70% | 1,940 | $2,385 | $4,627,289 |
| Taxation | ||||
| Taxable Income | 98% | 2,715 | $37,758 | $102,512,955 |
| Medicare Levy | 54% | 1,505 | $872 | $1,313,061 |
| Medicare Surcharge | 1% | 25 | $1,328 | $33,203 |
| Gross Tax | 66% | 1,840 | $10,007 | $18,413,103 |
| Net Tax | 58% | 1,610 | $11,347 | $18,268,600 |
| Average Tax | 100% | 2,770 | $6,595 | $18,268,600 |
| Gross Tax Rate | 66% | 1,840 | 27% | $18,413,103 |
| Net Tax Rate | 58% | 1,610 | 30% | $18,268,600 |
| Average Tax Rate | 100% | 2,770 | 17% | $18,268,600 |
| %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 $37,758. It is estimated that the average taxable income for people who paid a net amount of tax was $55437.
The average net tax paid was $11,347. This equates to an average tax of 30 cents in the dollar on taxable income.
The Medicare levy was paid by 1,505 people for an average of $872. 25 people paid $1,328 on average more for the Medicare surcharge.
1,825 people earned a salary or wage and took home an average of $45,399 each.
Government allowance and payments were collected by 215 people for on average $5,768. 250 people received the pension or other allowance.
Charitable gifts and donations of an average of $458 were made by 690 people.
The costs of tax affairs for 1,025 people were claimed for $314 each.