TaxStats for postcode 2395 FY2013

Postcode 2395 includes Binnaway, Ropers Road, Weetaliba in New South Wales, and is in the federal electorate of Parkes.

In FY 2013 the ATO recorded 275 individuals in postcode 2395. Of these people, 270 made a taxable income or loss. 170 of the population paid a gross amount of tax. After tax offsets, 140 people actually paid a net amount of tax. There were 130 non-taxable people who paid net tax of $0.

Compare TaxStats of 2395 with NSW

2395 TaxStats FY2013%Ppl#Ppl2395
Avg
2395
Total
Total Individuals100%275
Income
Salary or Wage 62%170$38,085$6,474,531
Gross Interest53%145$3,688$534,755
Unfranked Dividends11%30$1,000$29,991
Franked Dividends27%75$5,162$387,121
Dividend Franking Credit27%75$2,209$165,645
Capital Gains5%15$3,836$57,534
Termination Payouts2%5$861$4,307
Tips/Directors Fees etc16%45$883$39,747
Business Income16%45$-922$-41,470
Foreign Income7%20$311$6,212
Government payments11%30$4,801$144,044
Government pensions9%25$12,590$314,744
Total Income or Loss100%275$32,688$8,989,262
Deducations
Charitable Gifts16%45$385$17,324
Cost of Tax Affairs31%85$321$27,255
Work Car expenses13%35$2,510$87,853
Work Travel expenses4%10$1,216$12,163
Self Education expenses2%5$2,978$14,889
Total Deductions64%175$1,810$316,796
Taxation
Taxable Income98%270$31,690$8,556,288
Medicare Levy 47%130$755$98,118
Medicare Surcharge 2%5$727$3,637
Gross Tax 62%170$8,733$1,484,669
Net Tax 51%140$9,542$1,335,824
Average Tax 100%275 $4,858$1,335,824
Gross Tax Rate 62%170 28%$1,484,669
Net Tax Rate 51%140 30%$1,335,824
Average Tax Rate 100%275 15%$1,335,824
%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 $31,690. It is estimated that the average taxable income for people who paid a net amount of tax was $49973.

The average net tax paid was $9,542. This equates to an average tax of 30 cents in the dollar on taxable income.

The Medicare levy was paid by 130 people for an average of $755. 5 people paid $727 on average more for the Medicare surcharge.

170 people earned a salary or wage and took home an average of $38,085 each.

Government allowance and payments were collected by 30 people for on average $4,801. 25 people received the pension or other allowance.

Charitable gifts and donations of an average of $385 were made by 45 people.

The costs of tax affairs for 85 people were claimed for $321 each.