TaxStats for postcode 2866 FY2013

Postcode 2866 includes Amaroo, Boomey, Copper Hill, Cundumbul, Euchareena, Garra, Larras Lee, Molong, The Shades, Warnecliffe in New South Wales, and is in the federal electorate of Calare.

In FY 2013 the ATO recorded 1,605 individuals in postcode 2866. Of these people, 1,585 made a taxable income or loss. 1,205 of the population paid a gross amount of tax. After tax offsets, 1,085 people actually paid a net amount of tax. There were 500 non-taxable people who paid net tax of $0.

Compare TaxStats of 2866 with NSW

2866 TaxStats FY2013%Ppl#Ppl2866
Avg
2866
Total
Total Individuals100%1,605
Income
Salary or Wage 73%1,170$47,953$56,105,466
Gross Interest61%985$2,004$1,973,489
Unfranked Dividends12%200$554$110,758
Franked Dividends33%530$3,904$2,069,127
Dividend Franking Credit33%530$1,670$885,046
Capital Gains5%85$10,623$902,952
Termination Payouts1%20$8,596$171,913
Tips/Directors Fees etc21%335$3,283$1,099,861
Business Income10%165$3,918$646,402
Foreign Income6%90$323$29,056
Government payments5%85$5,257$446,820
Government pensions6%95$10,901$1,035,615
Total Income or Loss100%1,600$45,845$73,351,910
Deducations
Charitable Gifts33%525$568$298,045
Cost of Tax Affairs43%695$304$211,159
Work Car expenses22%350$2,326$814,177
Work Travel expenses7%110$2,160$237,622
Self Education expenses6%90$1,393$125,408
Total Deductions79%1,265$2,920$3,693,438
Taxation
Taxable Income99%1,585$43,775$69,383,519
Medicare Levy 64%1,030$906$933,461
Medicare Surcharge 1%15$1,133$17,000
Gross Tax 75%1,205$10,584$12,753,486
Net Tax 68%1,085$11,958$12,974,578
Average Tax 100%1,605 $8,084$12,974,578
Gross Tax Rate 75%1,205 24%$12,753,486
Net Tax Rate 68%1,085 27%$12,974,578
Average Tax Rate 100%1,605 18%$12,974,578
%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 $43,775. It is estimated that the average taxable income for people who paid a net amount of tax was $58418.

The average net tax paid was $11,958. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 1,030 people for an average of $906. 15 people paid $1,133 on average more for the Medicare surcharge.

1,170 people earned a salary or wage and took home an average of $47,953 each.

Government allowance and payments were collected by 85 people for on average $5,257. 95 people received the pension or other allowance.

Charitable gifts and donations of an average of $568 were made by 525 people.

The costs of tax affairs for 695 people were claimed for $304 each.