TaxStats for postcode 2716 FY2013

Postcode 2716 includes Coree South, Coree South, Four Corners, Four Corners, Gala Vale, Jerilderie, Jerilderie, Mabins Well, Mabins Well, Mairjimmy in New South Wales, and is in the federal electorate of Riverina.

In FY 2013 the ATO recorded 695 individuals in postcode 2716. Of these people, 685 made a taxable income or loss. 535 of the population paid a gross amount of tax. After tax offsets, 475 people actually paid a net amount of tax. There were 210 non-taxable people who paid net tax of $0.

Compare TaxStats of 2716 with NSW

2716 TaxStats FY2013%Ppl#Ppl2716
Total Individuals100%695
Salary or Wage 73%510$34,899$17,798,391
Gross Interest63%440$2,989$1,315,238
Unfranked Dividends17%115$639$73,471
Franked Dividends37%255$4,631$1,180,792
Dividend Franking Credit37%255$1,979$504,555
Capital Gains6%40$7,495$299,815
Termination Payouts1%5$7,058$35,289
Tips/Directors Fees etc19%135$2,898$391,282
Business Income7%50$10,837$541,872
Foreign Income5%35$1,383$48,418
Government payments9%65$5,685$369,536
Government pensions6%45$8,930$401,848
Total Income or Loss100%695$45,313$31,492,737
Charitable Gifts29%200$299$59,716
Cost of Tax Affairs43%300$414$124,277
Work Car expenses18%125$2,471$308,912
Work Travel expenses6%40$2,164$86,561
Self Education expenses3%20$1,663$33,269
Total Deductions76%525$3,135$1,645,835
Taxable Income99%685$42,282$28,963,159
Medicare Levy 64%445$851$378,498
Medicare Surcharge 1%10$1,042$10,423
Gross Tax 77%535$9,506$5,085,628
Net Tax 68%475$10,256$4,871,669
Average Tax 100%695 $7,010$4,871,669
Gross Tax Rate 77%535 22%$5,085,628
Net Tax Rate 68%475 24%$4,871,669
Average Tax Rate 100%695 17%$4,871,669
%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 $42,282. It is estimated that the average taxable income for people who paid a net amount of tax was $55670.

The average net tax paid was $10,256. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 445 people for an average of $851. 10 people paid $1,042 on average more for the Medicare surcharge.

510 people earned a salary or wage and took home an average of $34,899 each.

Government allowance and payments were collected by 65 people for on average $5,685. 45 people received the pension or other allowance.

Charitable gifts and donations of an average of $299 were made by 200 people.

The costs of tax affairs for 300 people were claimed for $414 each.