TaxStats for postcode 2653 FY2013

Postcode 2653 includes Burra, Burra, Courabyra, Glenroy, Mannus, Maragle, Munderoo, Paddys River, Paddys River, Taradale, Tumbarumba, Willigobung in New South Wales, and is in the federal electorate of Riverina.

In FY 2013 the ATO recorded 1,275 individuals in postcode 2653. Of these people, 1,255 made a taxable income or loss. 950 of the population paid a gross amount of tax. After tax offsets, 850 people actually paid a net amount of tax. There were 405 non-taxable people who paid net tax of $0.

Compare TaxStats of 2653 with NSW

2653 TaxStats FY2013%Ppl#Ppl2653
Total Individuals100%1,275
Salary or Wage 75%950$45,086$42,831,696
Gross Interest57%730$2,267$1,654,754
Unfranked Dividends11%140$485$67,945
Franked Dividends28%355$3,300$1,171,384
Dividend Franking Credit27%350$1,434$501,996
Capital Gains5%60$2,804$168,249
Termination Payouts1%10$1,527$15,272
Tips/Directors Fees etc26%335$2,772$928,519
Business Income11%135$1,292$174,437
Foreign Income4%50$295$14,730
Government payments7%90$5,554$499,833
Government pensions8%100$9,956$995,607
Total Income or Loss100%1,275$41,986$53,531,846
Charitable Gifts24%310$292$90,493
Cost of Tax Affairs47%605$299$181,144
Work Car expenses16%210$2,113$443,649
Work Travel expenses5%65$1,608$104,498
Self Education expenses4%50$1,480$73,997
Total Deductions78%995$2,209$2,198,069
Taxable Income98%1,255$40,458$50,775,086
Medicare Levy 64%815$825$672,531
Medicare Surcharge 1%15$839$12,578
Gross Tax 75%950$9,191$8,731,480
Net Tax 67%850$10,374$8,818,052
Average Tax 100%1,275 $6,916$8,818,052
Gross Tax Rate 75%950 23%$8,731,480
Net Tax Rate 67%850 26%$8,818,052
Average Tax Rate 100%1,275 17%$8,818,052
%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 $40,458. It is estimated that the average taxable income for people who paid a net amount of tax was $54018.

The average net tax paid was $10,374. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 815 people for an average of $825. 15 people paid $839 on average more for the Medicare surcharge.

950 people earned a salary or wage and took home an average of $45,086 each.

Government allowance and payments were collected by 90 people for on average $5,554. 100 people received the pension or other allowance.

Charitable gifts and donations of an average of $292 were made by 310 people.

The costs of tax affairs for 605 people were claimed for $299 each.