TaxStats for postcode 2732 FY2013

Postcode 2732 includes Barham, Barham, Burraboi, Burraboi, Cobramunga, Gonn, Noorong, Noorong, Thule, Thule, Tullakool, Tullakool in New South Wales, and is in the federal electorate of Farrer.

In FY 2013 the ATO recorded 1,010 individuals in postcode 2732. Of these people, 985 made a taxable income or loss. 720 of the population paid a gross amount of tax. After tax offsets, 615 people actually paid a net amount of tax. There were 370 non-taxable people who paid net tax of $0.

Compare TaxStats of 2732 with NSW

2732 TaxStats FY2013%Ppl#Ppl2732
Avg
2732
Total
Total Individuals100%1,010
Income
Salary or Wage 63%640$38,572$24,685,994
Gross Interest63%640$2,834$1,813,543
Unfranked Dividends20%205$433$88,694
Franked Dividends38%380$3,655$1,388,915
Dividend Franking Credit38%380$1,567$595,494
Capital Gains8%85$8,219$698,612
Termination Payouts1%10$3,769$37,687
Tips/Directors Fees etc22%225$1,566$352,277
Business Income9%95$13,630$1,294,861
Foreign Income9%90$218$19,611
Government payments7%70$4,592$321,435
Government pensions9%90$10,604$954,380
Total Income or Loss100%1,005$39,268$39,464,143
Deducations
Charitable Gifts20%200$291$58,217
Cost of Tax Affairs44%440$257$112,962
Work Car expenses20%200$2,024$404,707
Work Travel expenses4%45$1,742$78,371
Self Education expenses2%25$1,385$34,636
Total Deductions73%735$2,764$2,031,670
Taxation
Taxable Income98%985$36,932$36,377,576
Medicare Levy 57%580$808$468,630
Medicare Surcharge 1%10$1,036$10,361
Gross Tax 71%720$8,598$6,190,656
Net Tax 61%615$9,891$6,083,172
Average Tax 100%1,010 $6,023$6,083,172
Gross Tax Rate 71%720 23%$6,190,656
Net Tax Rate 61%615 27%$6,083,172
Average Tax Rate 100%1,010 16%$6,083,172
%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 $36,932. It is estimated that the average taxable income for people who paid a net amount of tax was $51931.

The average net tax paid was $9,891. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 580 people for an average of $808. 10 people paid $1,036 on average more for the Medicare surcharge.

640 people earned a salary or wage and took home an average of $38,572 each.

Government allowance and payments were collected by 70 people for on average $4,592. 90 people received the pension or other allowance.

Charitable gifts and donations of an average of $291 were made by 200 people.

The costs of tax affairs for 440 people were claimed for $257 each.