TaxStats for postcode 2441 FY2013

Postcode 2441 includes Allgomera, Allgomera Creek, Ballengarra, Barraganyatti, Bril Bril, Brinerville, Browns Crossing, Cooperabung, Crossmaglen, Eungai Creek, Eungai Rail, Fishermans Reach, Grassy Head, Gum Scrub, Hacks Ferry, Kippara, Kundabung, Marlo Merrican, Rollands Plains, Stuarts Point, Tamban, Telegraph Point, Upper Rollands Plains, Yarrahapinni in New South Wales, and is in the federal electorate of Cowper.

In FY 2013 the ATO recorded 2,625 individuals in postcode 2441. Of these people, 2,600 made a taxable income or loss. 1,905 of the population paid a gross amount of tax. After tax offsets, 1,680 people actually paid a net amount of tax. There were 920 non-taxable people who paid net tax of $0.

Compare TaxStats of 2441 with NSW

2441 TaxStats FY2013%Ppl#Ppl2441
Total Individuals100%2,625
Salary or Wage 71%1,865$43,031$80,253,571
Gross Interest57%1,490$1,848$2,752,936
Unfranked Dividends8%220$238$52,291
Franked Dividends27%715$3,964$2,834,423
Dividend Franking Credit27%715$1,666$1,191,535
Capital Gains3%85$7,995$679,613
Termination Payouts2%40$6,469$258,748
Tips/Directors Fees etc23%600$3,581$2,148,435
Business Income15%405$7,987$3,234,819
Foreign Income5%120$1,390$166,744
Government payments10%275$5,658$1,555,948
Government pensions7%185$8,992$1,663,461
Total Income or Loss100%2,620$41,137$107,778,419
Charitable Gifts27%720$254$183,023
Cost of Tax Affairs47%1,245$305$379,195
Work Car expenses22%565$2,304$1,301,872
Work Travel expenses7%175$3,352$586,643
Self Education expenses3%90$1,590$143,063
Total Deductions76%2,000$2,545$5,090,738
Taxable Income99%2,600$39,235$102,012,045
Medicare Levy 60%1,585$824$1,306,753
Medicare Surcharge 1%30$1,472$44,145
Gross Tax 73%1,905$9,150$17,430,936
Net Tax 64%1,680$10,313$17,326,045
Average Tax 100%2,625 $6,600$17,326,045
Gross Tax Rate 73%1,905 23%$17,430,936
Net Tax Rate 64%1,680 26%$17,326,045
Average Tax Rate 100%2,625 17%$17,326,045
%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 $39,235. It is estimated that the average taxable income for people who paid a net amount of tax was $54150.

The average net tax paid was $10,313. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 1,585 people for an average of $824. 30 people paid $1,472 on average more for the Medicare surcharge.

1,865 people earned a salary or wage and took home an average of $43,031 each.

Government allowance and payments were collected by 275 people for on average $5,658. 185 people received the pension or other allowance.

Charitable gifts and donations of an average of $254 were made by 720 people.

The costs of tax affairs for 1,245 people were claimed for $305 each.