TaxStats for postcode 2681 FY2013

Postcode 2681 includes Myall Park, Myall Park, Yenda, Yenda in New South Wales, and is in the federal electorate of Riverina.

In FY 2013 the ATO recorded 950 individuals in postcode 2681. Of these people, 925 made a taxable income or loss. 715 of the population paid a gross amount of tax. After tax offsets, 640 people actually paid a net amount of tax. There were 285 non-taxable people who paid net tax of $0.

Compare TaxStats of 2681 with NSW

2681 TaxStats FY2013%Ppl#Ppl2681
Total Individuals100%950
Salary or Wage 75%710$43,181$30,658,635
Gross Interest58%555$1,937$1,074,883
Unfranked Dividends17%165$172$28,405
Franked Dividends31%295$11,860$3,498,742
Dividend Franking Credit31%295$5,083$1,499,576
Capital Gains4%35$4,719$165,156
Termination Payouts1%5$2,175$10,874
Tips/Directors Fees etc20%190$1,984$377,006
Business Income7%65$6,387$415,155
Foreign Income4%35$258$9,034
Government payments7%70$5,941$415,841
Government pensions6%55$9,114$501,282
Total Income or Loss99%945$45,602$43,093,916
Charitable Gifts33%315$147$46,407
Cost of Tax Affairs46%435$269$116,999
Work Car expenses16%155$2,123$329,016
Work Travel expenses4%40$2,077$83,080
Self Education expenses3%25$2,306$57,654
Total Deductions77%730$2,014$1,470,538
Taxable Income97%925$44,110$40,801,370
Medicare Levy 64%605$907$548,720
Medicare Surcharge 1%5$558$2,790
Gross Tax 75%715$10,977$7,848,812
Net Tax 67%640$12,389$7,928,645
Average Tax 100%950 $8,346$7,928,645
Gross Tax Rate 75%715 25%$7,848,812
Net Tax Rate 67%640 28%$7,928,645
Average Tax Rate 100%950 19%$7,928,645
%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 $44,110. It is estimated that the average taxable income for people who paid a net amount of tax was $58408.

The average net tax paid was $12,389. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 605 people for an average of $907. 5 people paid $558 on average more for the Medicare surcharge.

710 people earned a salary or wage and took home an average of $43,181 each.

Government allowance and payments were collected by 70 people for on average $5,941. 55 people received the pension or other allowance.

Charitable gifts and donations of an average of $147 were made by 315 people.

The costs of tax affairs for 435 people were claimed for $269 each.