TaxStats for postcode 2359 FY2013

Postcode 2359 includes Bakers Creek, Bundarra, Bundarra, Camerons Creek, Camerons Creek in New South Wales, and is in the federal electorate of New England.

In FY 2013 the ATO recorded 375 individuals in postcode 2359. Of these people, 370 made a taxable income or loss. 230 of the population paid a gross amount of tax. After tax offsets, 195 people actually paid a net amount of tax. There were 175 non-taxable people who paid net tax of $0.

Compare TaxStats of 2359 with NSW

2359 TaxStats FY2013%Ppl#Ppl2359
Avg
2359
Total
Total Individuals100%375
Income
Salary or Wage 59%220$34,215$7,527,235
Gross Interest60%225$2,720$612,013
Unfranked Dividends8%30$339$10,184
Franked Dividends25%95$2,653$252,015
Dividend Franking Credit25%95$1,136$107,954
Capital Gains3%10$2,442$24,418
Termination Payouts1%5$4,695$23,474
Tips/Directors Fees etc17%65$2,366$153,781
Business Income13%50$-1,533$-76,666
Foreign Income4%15$172$2,583
Government payments15%55$6,576$361,670
Government pensions11%40$9,110$364,392
Total Income or Loss100%375$26,736$10,026,047
Deducations
Charitable Gifts16%60$181$10,873
Cost of Tax Affairs32%120$252$30,239
Work Car expenses15%55$2,786$153,212
Work Travel expenses5%20$1,611$32,213
Self Education expenses4%15$1,463$21,945
Total Deductions60%225$3,041$684,329
Taxation
Taxable Income99%370$25,143$9,302,980
Medicare Levy 47%175$690$120,686
Medicare Surcharge 1%5$878$4,388
Gross Tax 61%230$6,449$1,483,206
Net Tax 52%195$7,048$1,374,370
Average Tax 100%375 $3,665$1,374,370
Gross Tax Rate 61%230 26%$1,483,206
Net Tax Rate 52%195 28%$1,374,370
Average Tax Rate 100%375 15%$1,374,370
%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 $25,143. It is estimated that the average taxable income for people who paid a net amount of tax was $36938.

The average net tax paid was $7,048. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 175 people for an average of $690. 5 people paid $878 on average more for the Medicare surcharge.

220 people earned a salary or wage and took home an average of $34,215 each.

Government allowance and payments were collected by 55 people for on average $6,576. 40 people received the pension or other allowance.

Charitable gifts and donations of an average of $181 were made by 60 people.

The costs of tax affairs for 120 people were claimed for $252 each.