TaxStats for postcode 2847 FY2013

Postcode 2847 includes Pipers Flat, Portland in New South Wales, and is in the federal electorate of Calare.

In FY 2013 the ATO recorded 1,050 individuals in postcode 2847. Of these people, 1,040 made a taxable income or loss. 835 of the population paid a gross amount of tax. After tax offsets, 760 people actually paid a net amount of tax. There were 280 non-taxable people who paid net tax of $0.

Compare TaxStats of 2847 with NSW

2847 TaxStats FY2013%Ppl#Ppl2847
Avg
2847
Total
Total Individuals100%1,050
Income
Salary or Wage 85%890$57,687$51,341,446
Gross Interest51%540$1,261$680,672
Unfranked Dividends5%55$399$21,942
Franked Dividends21%220$5,576$1,226,661
Dividend Franking Credit21%220$2,390$525,734
Capital Gains2%25$8,778$219,448
Termination Payouts1%15$4,006$60,097
Tips/Directors Fees etc24%250$1,883$470,728
Business Income6%60$3,744$224,667
Foreign Income3%35$1,086$38,018
Government payments10%110$5,236$575,911
Government pensions9%90$10,465$941,876
Total Income or Loss100%1,045$55,217$57,701,767
Deducations
Charitable Gifts46%480$210$100,762
Cost of Tax Affairs64%670$190$127,374
Work Car expenses30%310$2,021$626,531
Work Travel expenses5%50$3,010$150,480
Self Education expenses5%50$1,510$75,509
Total Deductions86%900$2,285$2,056,777
Taxation
Taxable Income99%1,040$53,461$55,599,944
Medicare Levy 70%740$1,018$753,679
Medicare Surcharge 2%20$1,270$25,406
Gross Tax 80%835$13,440$11,222,406
Net Tax 72%760$15,229$11,574,254
Average Tax 100%1,050 $11,023$11,574,254
Gross Tax Rate 80%835 25%$11,222,406
Net Tax Rate 72%760 28%$11,574,254
Average Tax Rate 100%1,050 21%$11,574,254
%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 $53,461. It is estimated that the average taxable income for people who paid a net amount of tax was $68737.

The average net tax paid was $15,229. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 740 people for an average of $1,018. 20 people paid $1,270 on average more for the Medicare surcharge.

890 people earned a salary or wage and took home an average of $57,687 each.

Government allowance and payments were collected by 110 people for on average $5,236. 90 people received the pension or other allowance.

Charitable gifts and donations of an average of $210 were made by 480 people.

The costs of tax affairs for 670 people were claimed for $190 each.