TaxStats for postcode 2680 FY2013

Postcode 2680 includes Beelbangera, Beelbangera, Benerembah, Benerembah, Bilbul, Bilbul, Griffith, Griffith, Griffith East, Griffith East, Hanwood, Hanwood, Kooba, Kooba, Lake Wyangan, Lake Wyangan, Nericon, Nericon, Tharbogang, Tharbogang, Warburn, Warburn, Warrawidgee, Warrawidgee, Widgelli, Widgelli, Willbriggie, Willbriggie, Yoogali, Yoogali in New South Wales, and is in the federal electorate of Riverina.

In FY 2013 the ATO recorded 13,570 individuals in postcode 2680. Of these people, 13,450 made a taxable income or loss. 10,655 of the population paid a gross amount of tax. After tax offsets, 9,695 people actually paid a net amount of tax. There were 3,755 non-taxable people who paid net tax of $0.

Compare TaxStats of 2680 with NSW

2680 TaxStats FY2013%Ppl#Ppl2680
Total Individuals100%13,570
Salary or Wage 79%10,750$42,746$459,522,704
Gross Interest55%7,455$2,421$18,046,613
Unfranked Dividends10%1,380$541$746,046
Franked Dividends27%3,695$5,449$20,133,374
Dividend Franking Credit27%3,690$2,338$8,628,165
Capital Gains3%455$15,319$6,970,164
Termination Payouts1%120$6,832$819,865
Tips/Directors Fees etc19%2,550$2,653$6,764,756
Business Income6%835$24,369$20,347,858
Foreign Income4%535$307$163,979
Government payments8%1,060$5,524$5,854,965
Government pensions5%730$9,165$6,690,469
Total Income or Loss100%13,525$46,403$627,596,740
Charitable Gifts38%5,095$242$1,231,300
Cost of Tax Affairs48%6,480$289$1,872,516
Work Car expenses19%2,515$2,199$5,531,449
Work Travel expenses6%795$2,420$1,924,230
Self Education expenses4%560$1,715$960,168
Total Deductions81%11,020$2,464$27,157,663
Taxable Income99%13,450$44,271$595,440,958
Medicare Levy 68%9,180$864$7,929,490
Medicare Surcharge 1%110$1,220$134,246
Gross Tax 79%10,655$10,166$108,313,772
Net Tax 71%9,695$11,336$109,902,115
Average Tax 100%13,570 $8,099$109,902,115
Gross Tax Rate 79%10,655 23%$108,313,772
Net Tax Rate 71%9,695 26%$109,902,115
Average Tax Rate 100%13,570 18%$109,902,115
%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 $44,271. It is estimated that the average taxable income for people who paid a net amount of tax was $56770.

The average net tax paid was $11,336. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 9,180 people for an average of $864. 110 people paid $1,220 on average more for the Medicare surcharge.

10,750 people earned a salary or wage and took home an average of $42,746 each.

Government allowance and payments were collected by 1,060 people for on average $5,524. 730 people received the pension or other allowance.

Charitable gifts and donations of an average of $242 were made by 5,095 people.

The costs of tax affairs for 6,480 people were claimed for $289 each.