TaxStats for postcode 2387 FY2013

Postcode 2387 includes Bulyeroi, Bulyeroi, Rowena, Rowena, Thalaba, Thalaba, Thalaba, Thalaba in New South Wales, and is in the federal electorate of Parkes.

In FY 2013 the ATO recorded 180 individuals in postcode 2387. Of these people, 170 made a taxable income or loss. 135 of the population paid a gross amount of tax. After tax offsets, 125 people actually paid a net amount of tax. There were 45 non-taxable people who paid net tax of $0.

Compare TaxStats of 2387 with NSW

2387 TaxStats FY2013%Ppl#Ppl2387
Avg
2387
Total
Total Individuals100%180
Income
Salary or Wage 72%130$43,364$5,637,280
Gross Interest50%90$5,264$473,751
Unfranked Dividends17%30$8,360$250,799
Franked Dividends31%55$3,935$216,423
Dividend Franking Credit31%55$1,686$92,743
Capital Gains3%5$76,878$384,391
Termination Payouts3%5$524$2,620
Tips/Directors Fees etc8%15$1,989$29,842
Business Income11%20$59,450$1,189,003
Foreign Income3%5$681$3,405
Government payments3%5$6,915$34,577
Government pensions3%5$4,334$21,669
Total Income or Loss100%180$50,973$9,175,196
Deducations
Charitable Gifts17%30$704$21,118
Cost of Tax Affairs42%75$177$13,300
Work Car expenses25%45$2,469$111,089
Work Travel expenses6%10$769$7,688
Self Education expenses3%5$162$810
Total Deductions78%140$3,117$436,387
Taxation
Taxable Income94%170$42,508$7,226,373
Medicare Levy 64%115$851$97,842
Medicare Surcharge %0$$0
Gross Tax 75%135$10,364$1,399,149
Net Tax 69%125$10,726$1,340,785
Average Tax 100%180 $7,449$1,340,785
Gross Tax Rate 75%135 24%$1,399,149
Net Tax Rate 69%125 25%$1,340,785
Average Tax Rate 100%180 18%$1,340,785
%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 $42,508. It is estimated that the average taxable income for people who paid a net amount of tax was $53491.

The average net tax paid was $10,726. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 115 people for an average of $851.

130 people earned a salary or wage and took home an average of $43,364 each.

Government allowance and payments were collected by 5 people for on average $6,915. 5 people received the pension or other allowance.

Charitable gifts and donations of an average of $704 were made by 30 people.

The costs of tax affairs for 75 people were claimed for $177 each.