TaxStats for postcode 2447 FY2013
Postcode 2447 includes Bakers Creek, Burrapine, Congarinni, Congarinni North, Donnellyville, Gumma, Macksville, Newee Creek, North Macksville, Scotts Head, Talarm, Taylors Arm, Thumb Creek, Upper Taylors Arm, Utungun, Warrell Creek, Way Way, Wirrimbi, Yarranbella in New South Wales, and is in the federal electorate of Cowper.
In FY 2013 the ATO recorded 3,425 individuals in postcode 2447. Of these people, 3,395 made a taxable income or loss. 2,410 of the population paid a gross amount of tax. After tax offsets, 2,075 people actually paid a net amount of tax. There were 1,320 non-taxable people who paid net tax of $0.
Compare TaxStats of 2447 with NSW
| 2447 TaxStats FY2013 | %Ppl | #Ppl | 2447 Avg | 2447 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 3,425 | ||
| Income | ||||
| Salary or Wage | 69% | 2,350 | $39,692 | $93,276,971 |
| Gross Interest | 59% | 2,025 | $2,292 | $4,641,032 |
| Unfranked Dividends | 10% | 330 | $711 | $234,568 |
| Franked Dividends | 30% | 1,030 | $7,051 | $7,262,661 |
| Dividend Franking Credit | 30% | 1,025 | $3,036 | $3,111,888 |
| Capital Gains | 4% | 135 | $18,907 | $2,552,379 |
| Termination Payouts | 1% | 50 | $6,863 | $343,173 |
| Tips/Directors Fees etc | 20% | 700 | $2,008 | $1,405,762 |
| Business Income | 12% | 405 | $9,028 | $3,656,161 |
| Foreign Income | 4% | 140 | $3,662 | $512,680 |
| Government payments | 12% | 415 | $5,492 | $2,279,139 |
| Government pensions | 11% | 365 | $9,367 | $3,418,905 |
| Total Income or Loss | 100% | 3,415 | $39,387 | $134,505,385 |
| Deducations | ||||
| Charitable Gifts | 30% | 1,015 | $328 | $332,768 |
| Cost of Tax Affairs | 42% | 1,435 | $339 | $486,256 |
| Work Car expenses | 19% | 640 | $1,967 | $1,258,884 |
| Work Travel expenses | 7% | 225 | $3,256 | $732,524 |
| Self Education expenses | 4% | 125 | $1,348 | $168,543 |
| Total Deductions | 75% | 2,570 | $2,181 | $5,605,652 |
| Taxation | ||||
| Taxable Income | 99% | 3,395 | $37,880 | $128,603,729 |
| Medicare Levy | 56% | 1,930 | $828 | $1,598,049 |
| Medicare Surcharge | 1% | 40 | $1,536 | $61,457 |
| Gross Tax | 70% | 2,410 | $9,118 | $21,973,757 |
| Net Tax | 61% | 2,075 | $10,426 | $21,634,030 |
| Average Tax | 100% | 3,425 | $6,317 | $21,634,030 |
| Gross Tax Rate | 70% | 2,410 | 24% | $21,973,757 |
| Net Tax Rate | 61% | 2,075 | 28% | $21,634,030 |
| Average Tax Rate | 100% | 3,425 | 17% | $21,634,030 |
| %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 $37,880. It is estimated that the average taxable income for people who paid a net amount of tax was $54344.
The average net tax paid was $10,426. This equates to an average tax of 28 cents in the dollar on taxable income.
The Medicare levy was paid by 1,930 people for an average of $828. 40 people paid $1,536 on average more for the Medicare surcharge.
2,350 people earned a salary or wage and took home an average of $39,692 each.
Government allowance and payments were collected by 415 people for on average $5,492. 365 people received the pension or other allowance.
Charitable gifts and donations of an average of $328 were made by 1,015 people.
The costs of tax affairs for 1,435 people were claimed for $339 each.