TaxStats for postcode 2702 FY2013

Postcode 2702 includes Ganmain in New South Wales, and is in the federal electorate of Riverina.

In FY 2013 the ATO recorded 375 individuals in postcode 2702. Of these people, 365 made a taxable income or loss. 275 of the population paid a gross amount of tax. After tax offsets, 245 people actually paid a net amount of tax. There were 120 non-taxable people who paid net tax of $0.

Compare TaxStats of 2702 with NSW

2702 TaxStats FY2013%Ppl#Ppl2702
Total Individuals100%375
Salary or Wage 68%255$37,522$9,568,021
Gross Interest53%200$1,360$272,053
Unfranked Dividends17%65$208$13,488
Franked Dividends32%120$1,918$230,161
Dividend Franking Credit32%120$837$100,393
Capital Gains4%15$4,558$68,373
Termination Payouts1%5$1,272$6,358
Tips/Directors Fees etc15%55$2,768$152,234
Business Income9%35$6,074$212,579
Foreign Income5%20$227$4,535
Government payments7%25$5,806$145,160
Government pensions11%40$10,759$430,363
Total Income or Loss99%370$44,239$16,368,553
Charitable Gifts31%115$118$13,554
Cost of Tax Affairs49%185$254$47,007
Work Car expenses23%85$2,229$189,460
Work Travel expenses3%10$3,438$34,379
Self Education expenses3%10$1,521$15,214
Total Deductions73%275$2,347$645,489
Taxable Income97%365$42,740$15,600,185
Medicare Levy 63%235$867$203,854
Medicare Surcharge 1%5$943$4,717
Gross Tax 73%275$10,263$2,822,199
Net Tax 65%245$10,916$2,674,431
Average Tax 100%375 $7,132$2,674,431
Gross Tax Rate 73%275 24%$2,822,199
Net Tax Rate 65%245 26%$2,674,431
Average Tax Rate 100%375 17%$2,674,431
%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 $42,740. It is estimated that the average taxable income for people who paid a net amount of tax was $57797.

The average net tax paid was $10,916. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 235 people for an average of $867. 5 people paid $943 on average more for the Medicare surcharge.

255 people earned a salary or wage and took home an average of $37,522 each.

Government allowance and payments were collected by 25 people for on average $5,806. 40 people received the pension or other allowance.

Charitable gifts and donations of an average of $118 were made by 115 people.

The costs of tax affairs for 185 people were claimed for $254 each.