TaxStats for postcode 2725 FY2013

Postcode 2725 includes Stockinbingal in New South Wales, and is in the federal electorate of Hume.

In FY 2013 the ATO recorded 165 individuals in postcode 2725. Of these people, 165 made a taxable income or loss. 135 of the population paid a gross amount of tax. After tax offsets, 120 people actually paid a net amount of tax. There were 45 non-taxable people who paid net tax of $0.

Compare TaxStats of 2725 with NSW

2725 TaxStats FY2013%Ppl#Ppl2725
Total Individuals100%165
Salary or Wage 67%110$40,358$4,439,370
Gross Interest67%110$3,001$330,164
Unfranked Dividends12%20$842$16,840
Franked Dividends30%50$3,365$168,259
Dividend Franking Credit30%50$1,442$72,116
Capital Gains3%5$24,719$123,594
Termination Payouts3%5$2,416$12,078
Tips/Directors Fees etc24%40$2,165$86,600
Business Income9%15$15,855$237,827
Foreign Income9%15$121$1,819
Government payments3%5$5,824$29,119
Government pensions6%10$13,023$130,233
Total Income or Loss100%165$47,423$7,824,748
Charitable Gifts33%55$150$8,242
Cost of Tax Affairs42%70$249$17,433
Work Car expenses18%30$2,185$65,541
Work Travel expenses9%15$4,320$64,798
Self Education expenses3%5$918$4,590
Total Deductions82%135$4,966$670,401
Taxable Income100%165$43,329$7,149,274
Medicare Levy 67%110$836$91,938
Medicare Surcharge %0$$0
Gross Tax 82%135$9,260$1,250,111
Net Tax 73%120$9,895$1,187,459
Average Tax 100%165 $7,197$1,187,459
Gross Tax Rate 82%135 21%$1,250,111
Net Tax Rate 73%120 23%$1,187,459
Average Tax Rate 100%165 17%$1,187,459
%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 $43,329. It is estimated that the average taxable income for people who paid a net amount of tax was $55077.

The average net tax paid was $9,895. This equates to an average tax of 23 cents in the dollar on taxable income.

The Medicare levy was paid by 110 people for an average of $836.

110 people earned a salary or wage and took home an average of $40,358 each.

Government allowance and payments were collected by 5 people for on average $5,824. 10 people received the pension or other allowance.

Charitable gifts and donations of an average of $150 were made by 55 people.

The costs of tax affairs for 70 people were claimed for $249 each.