TaxStats for postcode 2827 FY2013

Postcode 2827 includes Bearbong, Biddon, Breelong, Collie, Curban, Gilgandra, Merrigal in New South Wales, and is in the federal electorate of Parkes.

In FY 2013 the ATO recorded 1,855 individuals in postcode 2827. Of these people, 1,830 made a taxable income or loss. 1,380 of the population paid a gross amount of tax. After tax offsets, 1,205 people actually paid a net amount of tax. There were 625 non-taxable people who paid net tax of $0.

Compare TaxStats of 2827 with NSW

2827 TaxStats FY2013%Ppl#Ppl2827
Avg
2827
Total
Total Individuals100%1,855
Income
Salary or Wage 71%1,320$42,579$56,203,633
Gross Interest55%1,025$4,501$4,613,788
Unfranked Dividends11%200$1,328$265,608
Franked Dividends28%515$3,111$1,601,908
Dividend Franking Credit28%515$1,333$686,261
Capital Gains4%80$4,502$360,162
Termination Payouts1%10$2,982$29,817
Tips/Directors Fees etc26%485$2,188$1,061,350
Business Income11%195$12,399$2,417,774
Foreign Income4%75$182$13,642
Government payments8%155$6,207$962,090
Government pensions9%170$9,521$1,618,532
Total Income or Loss99%1,845$42,938$79,221,013
Deducations
Charitable Gifts23%425$377$160,015
Cost of Tax Affairs44%825$326$268,796
Work Car expenses18%340$2,223$755,785
Work Travel expenses6%120$3,091$370,967
Self Education expenses3%55$1,766$97,115
Total Deductions73%1,350$2,463$3,325,612
Taxation
Taxable Income99%1,830$40,531$74,171,399
Medicare Levy 61%1,140$864$985,192
Medicare Surcharge 1%20$1,091$21,818
Gross Tax 74%1,380$9,752$13,457,302
Net Tax 65%1,205$11,228$13,529,696
Average Tax 100%1,855 $7,294$13,529,696
Gross Tax Rate 74%1,380 24%$13,457,302
Net Tax Rate 65%1,205 28%$13,529,696
Average Tax Rate 100%1,855 18%$13,529,696
%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 $40,531. It is estimated that the average taxable income for people who paid a net amount of tax was $55329.

The average net tax paid was $11,228. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 1,140 people for an average of $864. 20 people paid $1,091 on average more for the Medicare surcharge.

1,320 people earned a salary or wage and took home an average of $42,579 each.

Government allowance and payments were collected by 155 people for on average $6,207. 170 people received the pension or other allowance.

Charitable gifts and donations of an average of $377 were made by 425 people.

The costs of tax affairs for 825 people were claimed for $326 each.