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 | #Ppl | 2346 Avg | 2346 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 1,405 | ||
| Income | ||||
| Salary or Wage | 72% | 1,010 | $43,465 | $43,900,147 |
| Gross Interest | 56% | 785 | $2,299 | $1,804,813 |
| Unfranked Dividends | 10% | 135 | $435 | $58,782 |
| Franked Dividends | 28% | 390 | $4,765 | $1,858,544 |
| Dividend Franking Credit | 27% | 385 | $2,068 | $796,299 |
| Capital Gains | 4% | 50 | $13,834 | $691,714 |
| Termination Payouts | 1% | 15 | $23,010 | $345,156 |
| Tips/Directors Fees etc | 19% | 260 | $1,764 | $458,608 |
| Business Income | 11% | 150 | $632 | $94,746 |
| Foreign Income | 3% | 45 | $329 | $14,813 |
| Government payments | 11% | 160 | $6,042 | $966,707 |
| Government pensions | 9% | 125 | $9,247 | $1,155,880 |
| Total Income or Loss | 100% | 1,400 | $39,661 | $55,524,967 |
| Deducations | ||||
| Charitable Gifts | 22% | 310 | $340 | $105,420 |
| Cost of Tax Affairs | 44% | 615 | $289 | $177,607 |
| Work Car expenses | 20% | 275 | $2,402 | $660,492 |
| Work Travel expenses | 4% | 60 | $4,034 | $242,059 |
| Self Education expenses | 3% | 45 | $1,656 | $74,538 |
| Total Deductions | 75% | 1,050 | $2,361 | $2,478,983 |
| Taxation | ||||
| Taxable Income | 98% | 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.