TaxStats for postcode 2651 FY2013

Postcode 2651 includes Forest Hill, Wagga Wagga Raaf in New South Wales, and is in the federal electorate of Riverina.

In FY 2013 the ATO recorded 1,025 individuals in postcode 2651. Of these people, 1,025 made a taxable income or loss. 885 of the population paid a gross amount of tax. After tax offsets, 830 people actually paid a net amount of tax. There were 195 non-taxable people who paid net tax of $0.

Compare TaxStats of 2651 with NSW

2651 TaxStats FY2013%Ppl#Ppl2651
Total Individuals100%1,025
Salary or Wage 93%950$46,234$43,922,433
Gross Interest43%445$810$360,439
Unfranked Dividends3%35$84$2,951
Franked Dividends13%130$6,317$821,182
Dividend Franking Credit13%130$2,707$351,894
Capital Gains2%20$13,733$274,659
Termination Payouts0%5$9,179$45,897
Tips/Directors Fees etc40%410$864$354,122
Business Income4%45$12,663$569,847
Foreign Income1%15$472$7,087
Government payments7%75$4,682$351,147
Government pensions4%45$8,106$364,790
Total Income or Loss100%1,025$47,962$49,160,615
Charitable Gifts42%435$134$58,109
Cost of Tax Affairs54%550$191$105,295
Work Car expenses27%280$1,807$505,941
Work Travel expenses6%65$3,929$255,402
Self Education expenses6%60$1,389$83,369
Total Deductions90%920$2,105$1,936,310
Taxable Income100%1,025$45,818$46,963,885
Medicare Levy 68%695$768$534,098
Medicare Surcharge 0%5$1,465$7,326
Gross Tax 86%885$8,877$7,856,010
Net Tax 81%830$9,543$7,920,379
Average Tax 100%1,025 $7,727$7,920,379
Gross Tax Rate 86%885 19%$7,856,010
Net Tax Rate 81%830 21%$7,920,379
Average Tax Rate 100%1,025 17%$7,920,379
%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 $45,818. It is estimated that the average taxable income for people who paid a net amount of tax was $53764.

The average net tax paid was $9,543. This equates to an average tax of 21 cents in the dollar on taxable income.

The Medicare levy was paid by 695 people for an average of $768. 5 people paid $1,465 on average more for the Medicare surcharge.

950 people earned a salary or wage and took home an average of $46,234 each.

Government allowance and payments were collected by 75 people for on average $4,682. 45 people received the pension or other allowance.

Charitable gifts and donations of an average of $134 were made by 435 people.

The costs of tax affairs for 550 people were claimed for $191 each.