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#Ppl2447
Total Individuals100%3,425
Salary or Wage 69%2,350$39,692$93,276,971
Gross Interest59%2,025$2,292$4,641,032
Unfranked Dividends10%330$711$234,568
Franked Dividends30%1,030$7,051$7,262,661
Dividend Franking Credit30%1,025$3,036$3,111,888
Capital Gains4%135$18,907$2,552,379
Termination Payouts1%50$6,863$343,173
Tips/Directors Fees etc20%700$2,008$1,405,762
Business Income12%405$9,028$3,656,161
Foreign Income4%140$3,662$512,680
Government payments12%415$5,492$2,279,139
Government pensions11%365$9,367$3,418,905
Total Income or Loss100%3,415$39,387$134,505,385
Charitable Gifts30%1,015$328$332,768
Cost of Tax Affairs42%1,435$339$486,256
Work Car expenses19%640$1,967$1,258,884
Work Travel expenses7%225$3,256$732,524
Self Education expenses4%125$1,348$168,543
Total Deductions75%2,570$2,181$5,605,652
Taxable Income99%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.