TaxStats for postcode 2388 FY2013

Postcode 2388 includes Boolcarroll, Boolcarroll, Cuttabri, Cuttabri, Merah North, Merah North, Pilliga, Pilliga, Spring Plains, Spring Plains, The Pilliga, The Pilliga, Wee Waa, Wee Waa, Yarrie Lake, Yarrie Lake in New South Wales, and is in the federal electorate of Parkes.

In FY 2013 the ATO recorded 1,540 individuals in postcode 2388. Of these people, 1,515 made a taxable income or loss. 1,150 of the population paid a gross amount of tax. After tax offsets, 1,055 people actually paid a net amount of tax. There were 460 non-taxable people who paid net tax of $0.

Compare TaxStats of 2388 with NSW

2388 TaxStats FY2013%Ppl#Ppl2388
Total Individuals100%1,540
Salary or Wage 73%1,120$43,273$48,466,279
Gross Interest53%820$2,674$2,192,780
Unfranked Dividends9%140$428$59,955
Franked Dividends26%405$6,618$2,680,168
Dividend Franking Credit26%405$2,835$1,148,348
Capital Gains4%65$26,485$1,721,531
Termination Payouts3%50$901$45,042
Tips/Directors Fees etc16%250$2,829$707,228
Business Income9%145$18,244$2,645,311
Foreign Income4%55$641$35,260
Government payments8%125$5,506$688,255
Government pensions6%95$10,517$999,081
Total Income or Loss100%1,540$48,361$74,475,374
Charitable Gifts18%270$389$104,897
Cost of Tax Affairs35%545$275$149,982
Work Car expenses19%285$2,663$758,832
Work Travel expenses6%95$2,925$277,839
Self Education expenses3%50$1,051$52,570
Total Deductions73%1,130$2,724$3,077,997
Taxable Income98%1,515$44,900$68,022,839
Medicare Levy 65%1,000$949$949,112
Medicare Surcharge 1%15$1,169$17,536
Gross Tax 75%1,150$12,114$13,930,722
Net Tax 69%1,055$13,234$13,962,080
Average Tax 100%1,540 $9,066$13,962,080
Gross Tax Rate 75%1,150 27%$13,930,722
Net Tax Rate 69%1,055 29%$13,962,080
Average Tax Rate 100%1,540 20%$13,962,080
%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 $44,900. It is estimated that the average taxable income for people who paid a net amount of tax was $59244.

The average net tax paid was $13,234. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 1,000 people for an average of $949. 15 people paid $1,169 on average more for the Medicare surcharge.

1,120 people earned a salary or wage and took home an average of $43,273 each.

Government allowance and payments were collected by 125 people for on average $5,506. 95 people received the pension or other allowance.

Charitable gifts and donations of an average of $389 were made by 270 people.

The costs of tax affairs for 545 people were claimed for $275 each.