TaxStats for postcode 2449 FY2013

Postcode 2449 includes Argents Hill, Bowraville, Buckra Bendinni, Girralong, Kennaicle Creek, Killiekrankie, Missabotti, South Arm, South Arm, Tewinga in New South Wales, and is in the federal electorate of Cowper.

In FY 2013 the ATO recorded 955 individuals in postcode 2449. Of these people, 950 made a taxable income or loss. 635 of the population paid a gross amount of tax. After tax offsets, 535 people actually paid a net amount of tax. There were 415 non-taxable people who paid net tax of $0.

Compare TaxStats of 2449 with NSW

2449 TaxStats FY2013%Ppl#Ppl2449
Avg
2449
Total
Total Individuals100%955
Income
Salary or Wage 67%640$38,283$24,501,436
Gross Interest53%505$2,608$1,317,006
Unfranked Dividends9%85$255$21,681
Franked Dividends24%230$1,559$358,579
Dividend Franking Credit24%225$682$153,523
Capital Gains3%30$5,774$173,235
Termination Payouts2%15$8,580$128,699
Tips/Directors Fees etc21%200$1,918$383,690
Business Income14%135$4,900$661,502
Foreign Income4%35$183$6,418
Government payments17%160$5,972$955,464
Government pensions14%130$10,104$1,313,513
Total Income or Loss100%955$33,958$32,429,451
Deducations
Charitable Gifts29%275$192$52,762
Cost of Tax Affairs40%385$224$86,412
Work Car expenses19%180$1,845$332,178
Work Travel expenses7%65$3,438$223,495
Self Education expenses4%35$1,514$52,983
Total Deductions70%665$2,300$1,529,178
Taxation
Taxable Income99%950$32,371$30,752,538
Medicare Levy 52%495$725$358,820
Medicare Surcharge 1%5$1,458$7,292
Gross Tax 66%635$6,922$4,395,628
Net Tax 56%535$8,086$4,325,960
Average Tax 100%955 $4,530$4,325,960
Gross Tax Rate 66%635 21%$4,395,628
Net Tax Rate 56%535 25%$4,325,960
Average Tax Rate 100%955 14%$4,325,960
%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 $32,371. It is estimated that the average taxable income for people who paid a net amount of tax was $48173.

The average net tax paid was $8,086. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 495 people for an average of $725. 5 people paid $1,458 on average more for the Medicare surcharge.

640 people earned a salary or wage and took home an average of $38,283 each.

Government allowance and payments were collected by 160 people for on average $5,972. 130 people received the pension or other allowance.

Charitable gifts and donations of an average of $192 were made by 275 people.

The costs of tax affairs for 385 people were claimed for $224 each.