TaxStats for postcode 2706 FY2013

Postcode 2706 includes Darlington Point, Darlington Point in New South Wales, and is in the federal electorate of Riverina.

In FY 2013 the ATO recorded 635 individuals in postcode 2706. Of these people, 625 made a taxable income or loss. 535 of the population paid a gross amount of tax. After tax offsets, 485 people actually paid a net amount of tax. There were 140 non-taxable people who paid net tax of $0.

Compare TaxStats of 2706 with NSW

2706 TaxStats FY2013%Ppl#Ppl2706
Avg
2706
Total
Total Individuals100%635
Income
Salary or Wage 82%520$44,097$22,930,309
Gross Interest41%260$1,486$386,335
Unfranked Dividends9%55$248$13,659
Franked Dividends23%145$2,115$306,696
Dividend Franking Credit23%145$906$131,411
Capital Gains3%20$18,471$369,427
Termination Payouts3%20$2,300$45,992
Tips/Directors Fees etc22%140$2,265$317,138
Business Income7%45$6,461$290,753
Foreign Income3%20$313$6,255
Government payments9%55$5,438$299,071
Government pensions9%60$9,146$548,756
Total Income or Loss99%630$43,611$27,475,144
Deducations
Charitable Gifts39%250$152$37,900
Cost of Tax Affairs54%345$389$134,357
Work Car expenses24%155$2,182$338,133
Work Travel expenses6%35$2,355$82,430
Self Education expenses3%20$1,592$31,842
Total Deductions83%530$2,424$1,284,737
Taxation
Taxable Income98%625$41,389$25,868,124
Medicare Levy 73%465$748$347,997
Medicare Surcharge 1%5$244$1,221
Gross Tax 84%535$7,674$4,105,605
Net Tax 76%485$8,592$4,167,039
Average Tax 100%635 $6,562$4,167,039
Gross Tax Rate 84%535 19%$4,105,605
Net Tax Rate 76%485 21%$4,167,039
Average Tax Rate 100%635 16%$4,167,039
%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 $41,389. It is estimated that the average taxable income for people who paid a net amount of tax was $49872.

The average net tax paid was $8,592. This equates to an average tax of 21 cents in the dollar on taxable income.

The Medicare levy was paid by 465 people for an average of $748. 5 people paid $244 on average more for the Medicare surcharge.

520 people earned a salary or wage and took home an average of $44,097 each.

Government allowance and payments were collected by 55 people for on average $5,438. 60 people received the pension or other allowance.

Charitable gifts and donations of an average of $152 were made by 250 people.

The costs of tax affairs for 345 people were claimed for $389 each.