TaxStats for postcode 2339 FY2013

Postcode 2339 includes Big Jacks Creek, Braefield, Cattle Creek, Cattle Creek, Chilcotts Creek, Little Jacks Creek, Macdonalds Creek, Parraweena, Warrah, Warrah Creek, Willow Tree in New South Wales, and is in the federal electorate of New England.

In FY 2013 the ATO recorded 420 individuals in postcode 2339. Of these people, 405 made a taxable income or loss. 285 of the population paid a gross amount of tax. After tax offsets, 255 people actually paid a net amount of tax. There were 150 non-taxable people who paid net tax of $0.

Compare TaxStats of 2339 with NSW

2339 TaxStats FY2013%Ppl#Ppl2339
Avg
2339
Total
Total Individuals100%420
Income
Salary or Wage 64%270$43,775$11,819,127
Gross Interest57%240$2,134$512,230
Unfranked Dividends19%80$1,099$87,919
Franked Dividends38%160$5,213$834,017
Dividend Franking Credit38%160$2,234$357,397
Capital Gains7%30$8,886$266,592
Termination Payouts1%5$2,353$11,765
Tips/Directors Fees etc17%70$2,847$199,304
Business Income15%65$959$62,334
Foreign Income7%30$731$21,918
Government payments5%20$4,212$84,231
Government pensions6%25$10,278$256,941
Total Income or Loss99%415$38,515$15,983,752
Deducations
Charitable Gifts18%75$3,812$285,900
Cost of Tax Affairs39%165$509$83,948
Work Car expenses14%60$2,306$138,352
Work Travel expenses6%25$4,472$111,789
Self Education expenses2%10$1,673$16,731
Total Deductions73%305$5,409$1,649,720
Taxation
Taxable Income96%405$34,074$13,799,900
Medicare Levy 57%240$858$205,804
Medicare Surcharge 1%5$663$3,314
Gross Tax 68%285$9,844$2,805,530
Net Tax 61%255$10,904$2,780,443
Average Tax 100%420 $6,620$2,780,443
Gross Tax Rate 68%285 29%$2,805,530
Net Tax Rate 61%255 32%$2,780,443
Average Tax Rate 100%420 19%$2,780,443
%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 $34,074. It is estimated that the average taxable income for people who paid a net amount of tax was $47058.

The average net tax paid was $10,904. This equates to an average tax of 32 cents in the dollar on taxable income.

The Medicare levy was paid by 240 people for an average of $858. 5 people paid $663 on average more for the Medicare surcharge.

270 people earned a salary or wage and took home an average of $43,775 each.

Government allowance and payments were collected by 20 people for on average $4,212. 25 people received the pension or other allowance.

Charitable gifts and donations of an average of $3,812 were made by 75 people.

The costs of tax affairs for 165 people were claimed for $509 each.