TaxStats for postcode 2727 FY2013

Postcode 2727 includes Adjungbilly, Coolac, Gobarralong, Mingay in New South Wales, and is in the federal electorate of Riverina.

In FY 2013 the ATO recorded 220 individuals in postcode 2727. Of these people, 220 made a taxable income or loss. 145 of the population paid a gross amount of tax. After tax offsets, 125 people actually paid a net amount of tax. There were 95 non-taxable people who paid net tax of $0.

Compare TaxStats of 2727 with NSW

2727 TaxStats FY2013%Ppl#Ppl2727
Total Individuals100%220
Salary or Wage 64%140$41,295$5,781,237
Gross Interest61%135$5,483$740,232
Unfranked Dividends20%45$2,929$131,821
Franked Dividends36%80$6,596$527,655
Dividend Franking Credit36%80$2,826$226,084
Capital Gains5%10$6,101$61,008
Termination Payouts2%5$2,554$12,769
Tips/Directors Fees etc23%50$2,989$149,453
Business Income9%20$9,584$191,671
Foreign Income2%5$312$1,562
Government payments9%20$5,483$109,667
Government pensions7%15$10,765$161,468
Total Income or Loss100%220$42,338$9,314,387
Charitable Gifts25%55$1,172$64,469
Cost of Tax Affairs36%80$289$23,100
Work Car expenses18%40$3,147$125,883
Work Travel expenses9%20$4,337$86,733
Self Education expenses2%5$2,630$13,151
Total Deductions70%155$6,161$954,990
Taxable Income100%220$37,793$8,314,511
Medicare Levy 55%120$980$117,592
Medicare Surcharge 2%5$727$3,636
Gross Tax 66%145$12,654$1,834,888
Net Tax 57%125$14,691$1,836,372
Average Tax 100%220 $8,347$1,836,372
Gross Tax Rate 66%145 33%$1,834,888
Net Tax Rate 57%125 39%$1,836,372
Average Tax Rate 100%220 22%$1,836,372
%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 $37,793. It is estimated that the average taxable income for people who paid a net amount of tax was $57396.

The average net tax paid was $14,691. This equates to an average tax of 39 cents in the dollar on taxable income.

The Medicare levy was paid by 120 people for an average of $980. 5 people paid $727 on average more for the Medicare surcharge.

140 people earned a salary or wage and took home an average of $41,295 each.

Government allowance and payments were collected by 20 people for on average $5,483. 15 people received the pension or other allowance.

Charitable gifts and donations of an average of $1,172 were made by 55 people.

The costs of tax affairs for 80 people were claimed for $289 each.