TaxStats for postcode 2878 FY2013

Postcode 2878 includes Beilpajah, Beilpajah, Conoble, Conoble, Ivanhoe, Ivanhoe, Manara, Manara, Mossgiel, Mossgiel, Trida, Trida in New South Wales, and is in the federal electorate of Farrer.

In FY 2013 the ATO recorded 175 individuals in postcode 2878. Of these people, 170 made a taxable income or loss. 135 of the population paid a gross amount of tax. After tax offsets, 125 people actually paid a net amount of tax. There were 45 non-taxable people who paid net tax of $0.

Compare TaxStats of 2878 with NSW

2878 TaxStats FY2013%Ppl#Ppl2878
Avg
2878
Total
Total Individuals100%175
Income
Salary or Wage 54%95$43,414$4,124,374
Gross Interest63%110$3,761$413,737
Unfranked Dividends11%20$80$1,600
Franked Dividends29%50$3,705$185,270
Dividend Franking Credit29%50$1,588$79,381
Capital Gains3%5$5,355$26,775
Termination Payouts3%5$125$626
Tips/Directors Fees etc11%20$2,537$50,745
Business Income14%25$16,771$419,286
Foreign Income3%5$47$236
Government payments3%5$6,328$31,639
Government pensions3%5$17,358$86,791
Total Income or Loss97%170$52,231$8,879,315
Deducations
Charitable Gifts20%35$219$7,658
Cost of Tax Affairs46%80$289$23,098
Work Car expenses14%25$2,070$51,755
Work Travel expenses6%10$1,923$19,226
Self Education expenses3%5$186$932
Total Deductions74%130$4,267$554,711
Taxation
Taxable Income97%170$48,323$8,214,923
Medicare Levy 69%120$937$112,458
Medicare Surcharge 3%5$719$3,593
Gross Tax 77%135$11,963$1,615,043
Net Tax 71%125$12,493$1,561,580
Average Tax 100%175 $8,923$1,561,580
Gross Tax Rate 77%135 25%$1,615,043
Net Tax Rate 71%125 26%$1,561,580
Average Tax Rate 100%175 18%$1,561,580
%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 $48,323. It is estimated that the average taxable income for people who paid a net amount of tax was $61399.

The average net tax paid was $12,493. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 120 people for an average of $937. 5 people paid $719 on average more for the Medicare surcharge.

95 people earned a salary or wage and took home an average of $43,414 each.

Government allowance and payments were collected by 5 people for on average $6,328. 5 people received the pension or other allowance.

Charitable gifts and donations of an average of $219 were made by 35 people.

The costs of tax affairs for 80 people were claimed for $289 each.