TaxStats for postcode 2668 FY2013

Postcode 2668 includes Barmedman in New South Wales, and is in the federal electorate of Riverina.

In FY 2013 the ATO recorded 225 individuals in postcode 2668. Of these people, 220 made a taxable income or loss. 165 of the population paid a gross amount of tax. After tax offsets, 145 people actually paid a net amount of tax. There were 75 non-taxable people who paid net tax of $0.

Compare TaxStats of 2668 with NSW

2668 TaxStats FY2013%Ppl#Ppl2668
Total Individuals100%225
Salary or Wage 62%140$35,739$5,003,441
Gross Interest58%130$3,551$461,596
Unfranked Dividends16%35$328$11,477
Franked Dividends33%75$2,974$223,043
Dividend Franking Credit33%75$1,274$95,571
Capital Gains4%10$19,718$197,176
Termination Payouts2%5$1,609$8,043
Tips/Directors Fees etc18%40$3,742$149,669
Business Income9%20$17,027$340,532
Foreign Income7%15$43$647
Government payments7%15$6,485$97,275
Government pensions9%20$9,028$180,562
Total Income or Loss100%225$42,989$9,672,461
Charitable Gifts22%50$337$16,829
Cost of Tax Affairs40%90$283$25,464
Work Car expenses13%30$2,580$77,385
Work Travel expenses7%15$7,471$112,061
Self Education expenses2%5$1,147$5,733
Total Deductions76%170$3,964$673,848
Taxable Income98%220$40,627$8,937,977
Medicare Levy 58%130$911$118,491
Medicare Surcharge 2%5$2,012$10,059
Gross Tax 73%165$10,555$1,741,654
Net Tax 64%145$11,114$1,611,594
Average Tax 100%225 $7,163$1,611,594
Gross Tax Rate 73%165 26%$1,741,654
Net Tax Rate 64%145 27%$1,611,594
Average Tax Rate 100%225 18%$1,611,594
%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 $40,627. It is estimated that the average taxable income for people who paid a net amount of tax was $55434.

The average net tax paid was $11,114. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 130 people for an average of $911. 5 people paid $2,012 on average more for the Medicare surcharge.

140 people earned a salary or wage and took home an average of $35,739 each.

Government allowance and payments were collected by 15 people for on average $6,485. 20 people received the pension or other allowance.

Charitable gifts and donations of an average of $337 were made by 50 people.

The costs of tax affairs for 90 people were claimed for $283 each.