TaxStats for postcode 2446 FY2013

Postcode 2446 includes Bagnoo, Bago, Banda Banda, Beechwood, Bellangry, Birdwood, Brombin, Byabarra, Cairncross, Crosslands, Debenham, Doyles River, Ellenborough, Forbes River, Frazers Creek, Gearys Flat, Hartys Plains, Hollisdale, Huntingdon, Hyndmans Creek, Kindee, King Creek, Kings Creek, Lake Innes, Long Flat, Lower Pappinbarra, Mortons Creek, Mount Seaview, Pappinbarra, Pembrooke, Pipeclay, Rawdon Island, Redbank, Rosewood, Sancrox, Toms Creek, Upper Pappinbarra, Wauchope, Werrikimbe, Yarras, Yippin Creek in New South Wales, and is in the federal electorate of Lyne.

In FY 2013 the ATO recorded 6,405 individuals in postcode 2446. Of these people, 6,350 made a taxable income or loss. 4,695 of the population paid a gross amount of tax. After tax offsets, 4,145 people actually paid a net amount of tax. There were 2,205 non-taxable people who paid net tax of $0.

Compare TaxStats of 2446 with NSW

2446 TaxStats FY2013%Ppl#Ppl2446
Avg
2446
Total
Total Individuals100%6,405
Income
Salary or Wage 73%4,660$42,393$197,551,838
Gross Interest59%3,775$1,703$6,427,520
Unfranked Dividends9%580$603$349,659
Franked Dividends31%2,000$3,791$7,582,018
Dividend Franking Credit31%1,990$1,631$3,246,336
Capital Gains4%275$9,207$2,531,797
Termination Payouts1%85$13,100$1,113,470
Tips/Directors Fees etc23%1,490$2,277$3,393,395
Business Income12%750$20,933$15,699,585
Foreign Income4%270$1,696$457,997
Government payments10%640$5,393$3,451,674
Government pensions9%590$9,521$5,617,521
Total Income or Loss100%6,385$42,260$269,832,429
Deducations
Charitable Gifts31%1,980$295$585,047
Cost of Tax Affairs47%3,020$307$925,950
Work Car expenses22%1,400$2,195$3,072,737
Work Travel expenses7%440$3,500$1,539,909
Self Education expenses4%255$1,270$323,798
Total Deductions79%5,055$2,497$12,621,649
Taxation
Taxable Income99%6,350$40,332$256,107,337
Medicare Levy 61%3,880$841$3,263,209
Medicare Surcharge 1%65$1,407$91,465
Gross Tax 73%4,695$9,473$44,477,686
Net Tax 65%4,145$10,658$44,178,640
Average Tax 100%6,405 $6,898$44,178,640
Gross Tax Rate 73%4,695 23%$44,477,686
Net Tax Rate 65%4,145 26%$44,178,640
Average Tax Rate 100%6,405 17%$44,178,640
%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 $40,332. It is estimated that the average taxable income for people who paid a net amount of tax was $55403.

The average net tax paid was $10,658. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 3,880 people for an average of $841. 65 people paid $1,407 on average more for the Medicare surcharge.

4,660 people earned a salary or wage and took home an average of $42,393 each.

Government allowance and payments were collected by 640 people for on average $5,393. 590 people received the pension or other allowance.

Charitable gifts and donations of an average of $295 were made by 1,980 people.

The costs of tax affairs for 3,020 people were claimed for $307 each.