TaxStats for postcode 2343 FY2013
Postcode 2343 includes Blackville, Blackville, Bundella, Bundella, Caroona, Colly Blue, Colly Blue, Coomoo Coomoo, Coomoo Coomoo, Pine Ridge, Quipolly, Quirindi, Spring Ridge, Wallabadah, Warrah Ridge, Windy, Yannergee, Yannergee in New South Wales, and is in the federal electorate of New England.
In FY 2013 the ATO recorded 2,665 individuals in postcode 2343. Of these people, 2,620 made a taxable income or loss. 1,960 of the population paid a gross amount of tax. After tax offsets, 1,745 people actually paid a net amount of tax. There were 875 non-taxable people who paid net tax of $0.
Compare TaxStats of 2343 with NSW
| 2343 TaxStats FY2013 | %Ppl | #Ppl | 2343 Avg | 2343 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 2,665 | ||
| Income | ||||
| Salary or Wage | 70% | 1,855 | $43,535 | $80,757,660 |
| Gross Interest | 57% | 1,530 | $2,318 | $3,546,314 |
| Unfranked Dividends | 13% | 350 | $1,091 | $381,881 |
| Franked Dividends | 33% | 880 | $7,522 | $6,619,351 |
| Dividend Franking Credit | 33% | 875 | $3,244 | $2,838,191 |
| Capital Gains | 3% | 90 | $12,598 | $1,133,809 |
| Termination Payouts | 1% | 20 | $15,287 | $305,745 |
| Tips/Directors Fees etc | 18% | 480 | $3,006 | $1,442,895 |
| Business Income | 11% | 295 | $2,015 | $594,482 |
| Foreign Income | 6% | 160 | $1,695 | $271,232 |
| Government payments | 8% | 225 | $5,282 | $1,188,466 |
| Government pensions | 8% | 210 | $10,165 | $2,134,709 |
| Total Income or Loss | 100% | 2,660 | $42,894 | $114,097,259 |
| Deducations | ||||
| Charitable Gifts | 27% | 710 | $372 | $264,445 |
| Cost of Tax Affairs | 44% | 1,185 | $368 | $436,328 |
| Work Car expenses | 20% | 525 | $2,145 | $1,126,316 |
| Work Travel expenses | 7% | 190 | $3,060 | $581,467 |
| Self Education expenses | 3% | 70 | $2,108 | $147,557 |
| Total Deductions | 75% | 2,000 | $2,813 | $5,625,447 |
| Taxation | ||||
| Taxable Income | 98% | 2,620 | $40,526 | $106,178,177 |
| Medicare Levy | 61% | 1,630 | $876 | $1,428,083 |
| Medicare Surcharge | 1% | 35 | $1,246 | $43,603 |
| Gross Tax | 74% | 1,960 | $10,216 | $20,023,613 |
| Net Tax | 65% | 1,745 | $11,520 | $20,102,222 |
| Average Tax | 100% | 2,665 | $7,543 | $20,102,222 |
| Gross Tax Rate | 74% | 1,960 | 25% | $20,023,613 |
| Net Tax Rate | 65% | 1,745 | 28% | $20,102,222 |
| Average Tax Rate | 100% | 2,665 | 19% | $20,102,222 |
| %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 $40,526. It is estimated that the average taxable income for people who paid a net amount of tax was $54830.
The average net tax paid was $11,520. This equates to an average tax of 28 cents in the dollar on taxable income.
The Medicare levy was paid by 1,630 people for an average of $876. 35 people paid $1,246 on average more for the Medicare surcharge.
1,855 people earned a salary or wage and took home an average of $43,535 each.
Government allowance and payments were collected by 225 people for on average $5,282. 210 people received the pension or other allowance.
Charitable gifts and donations of an average of $372 were made by 710 people.
The costs of tax affairs for 1,185 people were claimed for $368 each.