TaxStats for postcode 2656 FY2013

Postcode 2656 includes Brookdale, Brookong, Fargunyah, Lockhart, Milbrulong, Osborne, Urangeline, Urangeline East in New South Wales, and is in the federal electorate of Riverina.

In FY 2013 the ATO recorded 705 individuals in postcode 2656. Of these people, 700 made a taxable income or loss. 575 of the population paid a gross amount of tax. After tax offsets, 510 people actually paid a net amount of tax. There were 190 non-taxable people who paid net tax of $0.

Compare TaxStats of 2656 with NSW

2656 TaxStats FY2013%Ppl#Ppl2656
Total Individuals100%705
Salary or Wage 62%435$38,894$16,919,084
Gross Interest65%455$3,370$1,533,516
Unfranked Dividends21%150$267$40,018
Franked Dividends47%330$2,158$712,077
Dividend Franking Credit47%330$922$304,368
Capital Gains6%45$5,202$234,089
Termination Payouts1%5$3,891$19,457
Tips/Directors Fees etc24%170$1,642$279,103
Business Income11%75$24,038$1,802,873
Foreign Income9%65$155$10,055
Government payments6%40$5,451$218,055
Government pensions8%55$11,087$609,789
Total Income or Loss100%705$49,600$34,968,238
Charitable Gifts28%195$210$41,035
Cost of Tax Affairs41%290$247$71,527
Work Car expenses16%110$2,212$243,325
Work Travel expenses6%45$2,755$123,960
Self Education expenses3%20$937$18,733
Total Deductions76%535$3,315$1,773,324
Taxable Income99%700$46,450$32,514,947
Medicare Levy 69%485$899$435,986
Medicare Surcharge 1%5$1,008$5,038
Gross Tax 82%575$10,380$5,968,246
Net Tax 72%510$10,722$5,468,174
Average Tax 100%705 $7,756$5,468,174
Gross Tax Rate 82%575 22%$5,968,246
Net Tax Rate 72%510 23%$5,468,174
Average Tax Rate 100%705 17%$5,468,174
%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 $46,450. It is estimated that the average taxable income for people who paid a net amount of tax was $59284.

The average net tax paid was $10,722. This equates to an average tax of 23 cents in the dollar on taxable income.

The Medicare levy was paid by 485 people for an average of $899. 5 people paid $1,008 on average more for the Medicare surcharge.

435 people earned a salary or wage and took home an average of $38,894 each.

Government allowance and payments were collected by 40 people for on average $5,451. 55 people received the pension or other allowance.

Charitable gifts and donations of an average of $210 were made by 195 people.

The costs of tax affairs for 290 people were claimed for $247 each.