TaxStats for postcode 2380 FY2013

Postcode 2380 includes Basin Plain, Blue Vale, Burburgate, Coocooboonah, Emerald Hill, Ghoolendaadi, Gunnedah, Gunnembene, Kelvin, Marys Mount, Meermaul, Milroy, Milroy, Noggabri, Orange Grove, Rangari in New South Wales, and is in the federal electorate of New England.

In FY 2013 the ATO recorded 5,405 individuals in postcode 2380. Of these people, 5,345 made a taxable income or loss. 4,210 of the population paid a gross amount of tax. After tax offsets, 3,785 people actually paid a net amount of tax. There were 1,560 non-taxable people who paid net tax of $0.

Compare TaxStats of 2380 with NSW

2380 TaxStats FY2013%Ppl#Ppl2380
Total Individuals100%5,405
Salary or Wage 77%4,155$52,389$217,676,995
Gross Interest59%3,195$2,475$7,907,938
Unfranked Dividends11%590$525$310,003
Franked Dividends28%1,535$5,246$8,052,469
Dividend Franking Credit28%1,530$2,255$3,449,514
Capital Gains5%255$5,629$1,435,507
Termination Payouts1%80$10,681$854,445
Tips/Directors Fees etc19%1,010$3,717$3,754,442
Business Income9%490$13,247$6,490,975
Foreign Income4%240$380$91,129
Government payments8%415$5,312$2,204,307
Government pensions8%415$10,214$4,238,723
Total Income or Loss100%5,395$50,470$272,282,964
Charitable Gifts27%1,480$283$418,295
Cost of Tax Affairs39%2,090$367$767,125
Work Car expenses20%1,085$2,371$2,572,217
Work Travel expenses6%325$2,625$853,213
Self Education expenses4%210$1,746$366,588
Total Deductions80%4,325$2,457$10,624,692
Taxable Income99%5,345$48,708$260,346,905
Medicare Levy 67%3,615$967$3,495,628
Medicare Surcharge 2%110$1,204$132,401
Gross Tax 78%4,210$12,235$51,509,833
Net Tax 70%3,785$13,950$52,799,175
Average Tax 100%5,405 $9,769$52,799,175
Gross Tax Rate 78%4,210 25%$51,509,833
Net Tax Rate 70%3,785 29%$52,799,175
Average Tax Rate 100%5,405 20%$52,799,175
%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 $48,708. It is estimated that the average taxable income for people who paid a net amount of tax was $63838.

The average net tax paid was $13,950. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 3,615 people for an average of $967. 110 people paid $1,204 on average more for the Medicare surcharge.

4,155 people earned a salary or wage and took home an average of $52,389 each.

Government allowance and payments were collected by 415 people for on average $5,312. 415 people received the pension or other allowance.

Charitable gifts and donations of an average of $283 were made by 1,480 people.

The costs of tax affairs for 2,090 people were claimed for $367 each.