TaxStats for postcode 2655 FY2013

Postcode 2655 includes Birdlip, French Park, Kubura, The Rock, Tootool in New South Wales, and is in the federal electorate of Farrer.

In FY 2013 the ATO recorded 775 individuals in postcode 2655. Of these people, 765 made a taxable income or loss. 600 of the population paid a gross amount of tax. After tax offsets, 535 people actually paid a net amount of tax. There were 230 non-taxable people who paid net tax of $0.

Compare TaxStats of 2655 with NSW

2655 TaxStats FY2013%Ppl#Ppl2655
Total Individuals100%775
Salary or Wage 72%560$44,874$25,129,181
Gross Interest50%390$3,897$1,519,994
Unfranked Dividends14%110$213$23,421
Franked Dividends34%265$1,950$516,759
Dividend Franking Credit34%265$833$220,630
Capital Gains5%35$7,609$266,300
Termination Payouts1%5$87,818$439,089
Tips/Directors Fees etc24%185$2,212$409,182
Business Income9%70$15,746$1,102,212
Foreign Income5%35$238$8,339
Government payments5%40$5,493$219,707
Government pensions7%55$9,806$539,356
Total Income or Loss99%770$46,154$35,538,923
Charitable Gifts34%265$164$43,380
Cost of Tax Affairs45%350$267$93,604
Work Car expenses18%140$2,236$312,983
Work Travel expenses7%55$5,142$282,790
Self Education expenses3%20$1,185$23,694
Total Deductions79%610$2,670$1,628,972
Taxable Income99%765$43,964$33,632,314
Medicare Levy 66%515$870$448,229
Medicare Surcharge 1%5$1,623$8,113
Gross Tax 77%600$10,244$6,146,451
Net Tax 69%535$11,381$6,088,876
Average Tax 100%775 $7,857$6,088,876
Gross Tax Rate 77%600 23%$6,146,451
Net Tax Rate 69%535 26%$6,088,876
Average Tax Rate 100%775 18%$6,088,876
%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 $43,964. It is estimated that the average taxable income for people who paid a net amount of tax was $57705.

The average net tax paid was $11,381. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 515 people for an average of $870. 5 people paid $1,623 on average more for the Medicare surcharge.

560 people earned a salary or wage and took home an average of $44,874 each.

Government allowance and payments were collected by 40 people for on average $5,493. 55 people received the pension or other allowance.

Charitable gifts and donations of an average of $164 were made by 265 people.

The costs of tax affairs for 350 people were claimed for $267 each.