TaxStats for postcode 2346 FY2013

Postcode 2346 includes Borah Creek, Halls Creek, Klori, Manilla, Namoi River, New Mexico, Rushes Creek, Upper Manilla, Warrabah, Wimborne, Wimbourne, Wongo Creek in New South Wales, and is in the federal electorate of New England.

In FY 2013 the ATO recorded 1,405 individuals in postcode 2346. Of these people, 1,375 made a taxable income or loss. 1,025 of the population paid a gross amount of tax. After tax offsets, 905 people actually paid a net amount of tax. There were 470 non-taxable people who paid net tax of $0.

Compare TaxStats of 2346 with NSW

2346 TaxStats FY2013%Ppl#Ppl2346
Total Individuals100%1,405
Salary or Wage 72%1,010$43,465$43,900,147
Gross Interest56%785$2,299$1,804,813
Unfranked Dividends10%135$435$58,782
Franked Dividends28%390$4,765$1,858,544
Dividend Franking Credit27%385$2,068$796,299
Capital Gains4%50$13,834$691,714
Termination Payouts1%15$23,010$345,156
Tips/Directors Fees etc19%260$1,764$458,608
Business Income11%150$632$94,746
Foreign Income3%45$329$14,813
Government payments11%160$6,042$966,707
Government pensions9%125$9,247$1,155,880
Total Income or Loss100%1,400$39,661$55,524,967
Charitable Gifts22%310$340$105,420
Cost of Tax Affairs44%615$289$177,607
Work Car expenses20%275$2,402$660,492
Work Travel expenses4%60$4,034$242,059
Self Education expenses3%45$1,656$74,538
Total Deductions75%1,050$2,361$2,478,983
Taxable Income98%1,375$38,118$52,411,962
Medicare Levy 59%830$807$669,563
Medicare Surcharge 1%15$1,102$16,537
Gross Tax 73%1,025$8,669$8,885,977
Net Tax 64%905$9,840$8,904,917
Average Tax 100%1,405 $6,338$8,904,917
Gross Tax Rate 73%1,025 23%$8,885,977
Net Tax Rate 64%905 26%$8,904,917
Average Tax Rate 100%1,405 17%$8,904,917
%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 $38,118. It is estimated that the average taxable income for people who paid a net amount of tax was $51682.

The average net tax paid was $9,840. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 830 people for an average of $807. 15 people paid $1,102 on average more for the Medicare surcharge.

1,010 people earned a salary or wage and took home an average of $43,465 each.

Government allowance and payments were collected by 160 people for on average $6,042. 125 people received the pension or other allowance.

Charitable gifts and donations of an average of $340 were made by 310 people.

The costs of tax affairs for 615 people were claimed for $289 each.