TaxStats for postcode 2729 FY2013

Postcode 2729 includes Adelong, Bangadang, Black Creek, Califat, Cooleys Creek, Darlow, Ellerslie, Grahamstown, Mount Adrah, Mount Horeb, Mundarlo, Sandy Gully, Sharps Creek, The Grove, Tumblong, Westwood, Wondalga, Yaven Creek in New South Wales, and is in the federal electorate of Riverina.

In FY 2013 the ATO recorded 880 individuals in postcode 2729. Of these people, 875 made a taxable income or loss. 660 of the population paid a gross amount of tax. After tax offsets, 580 people actually paid a net amount of tax. There were 295 non-taxable people who paid net tax of $0.

Compare TaxStats of 2729 with NSW

2729 TaxStats FY2013%Ppl#Ppl2729
Total Individuals100%880
Salary or Wage 70%615$46,259$28,449,046
Gross Interest53%465$2,157$1,003,153
Unfranked Dividends13%115$505$58,048
Franked Dividends38%335$2,384$798,579
Dividend Franking Credit38%330$1,034$341,345
Capital Gains4%35$11,857$415,009
Termination Payouts2%15$6,220$93,298
Tips/Directors Fees etc18%160$2,808$449,354
Business Income10%90$12,532$1,127,921
Foreign Income4%35$1,327$46,452
Government payments6%55$4,881$268,457
Government pensions6%50$10,017$500,832
Total Income or Loss100%880$44,354$39,031,656
Charitable Gifts24%210$324$68,001
Cost of Tax Affairs40%355$334$118,734
Work Car expenses20%180$2,532$455,831
Work Travel expenses7%65$4,157$270,195
Self Education expenses2%20$1,741$34,817
Total Deductions76%665$3,103$2,063,715
Taxable Income99%875$41,991$36,742,543
Medicare Levy 62%550$878$483,080
Medicare Surcharge 1%5$791$3,956
Gross Tax 75%660$10,000$6,599,741
Net Tax 66%580$11,435$6,632,210
Average Tax 100%880 $7,537$6,632,210
Gross Tax Rate 75%660 24%$6,599,741
Net Tax Rate 66%580 27%$6,632,210
Average Tax Rate 100%880 18%$6,632,210
%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 $41,991. It is estimated that the average taxable income for people who paid a net amount of tax was $57246.

The average net tax paid was $11,435. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 550 people for an average of $878. 5 people paid $791 on average more for the Medicare surcharge.

615 people earned a salary or wage and took home an average of $46,259 each.

Government allowance and payments were collected by 55 people for on average $4,881. 50 people received the pension or other allowance.

Charitable gifts and donations of an average of $324 were made by 210 people.

The costs of tax affairs for 355 people were claimed for $334 each.