TaxStats for postcode 2470 FY2013

Postcode 2470 includes Babyl Creek, Backmede, Baraimal, Casino, Coolaness, Coombell, Dobies Bight, Doubtful Creek, Dyraaba, Dyraaba Central, Dyraaba Creek, Ellangowan, Fairy Hill, Irvington, Leeville, Lower Dyraaba, Mongogarie, Naughtons Gap, North Casino, Piora, Sextonville, Shannon Brook, Spring Grove, Stratheden, Tomki, Upper Mongogarie, Woodview, Woolners Arm, Wooroowoolgan, Yorklea in New South Wales, and is in the federal electorate of Page.

In FY 2013 the ATO recorded 6,880 individuals in postcode 2470. Of these people, 6,825 made a taxable income or loss. 5,255 of the population paid a gross amount of tax. After tax offsets, 4,610 people actually paid a net amount of tax. There were 2,215 non-taxable people who paid net tax of $0.

Compare TaxStats of 2470 with NSW

2470 TaxStats FY2013%Ppl#Ppl2470
Total Individuals100%6,880
Salary or Wage 77%5,290$41,475$219,401,715
Gross Interest57%3,905$1,681$6,564,876
Unfranked Dividends9%610$1,904$1,161,292
Franked Dividends27%1,855$2,477$4,594,921
Dividend Franking Credit27%1,850$1,064$1,968,133
Capital Gains3%205$11,041$2,263,333
Termination Payouts1%75$3,735$280,156
Tips/Directors Fees etc22%1,490$2,052$3,057,761
Business Income9%650$5,214$3,389,216
Foreign Income4%245$368$90,258
Government payments11%735$5,292$3,889,448
Government pensions10%685$9,457$6,478,036
Total Income or Loss100%6,865$39,692$272,488,963
Charitable Gifts38%2,580$286$738,503
Cost of Tax Affairs47%3,200$256$819,843
Work Car expenses22%1,480$1,888$2,793,930
Work Travel expenses6%415$3,000$1,245,200
Self Education expenses4%305$1,489$454,203
Total Deductions79%5,455$2,127$11,604,757
Taxable Income99%6,825$38,026$259,525,179
Medicare Levy 63%4,345$754$3,274,183
Medicare Surcharge 1%40$1,151$46,027
Gross Tax 76%5,255$7,737$40,660,025
Net Tax 67%4,610$8,732$40,254,669
Average Tax 100%6,880 $5,851$40,254,669
Gross Tax Rate 76%5,255 20%$40,660,025
Net Tax Rate 67%4,610 23%$40,254,669
Average Tax Rate 100%6,880 15%$40,254,669
%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 $38,026. It is estimated that the average taxable income for people who paid a net amount of tax was $50530.

The average net tax paid was $8,732. This equates to an average tax of 23 cents in the dollar on taxable income.

The Medicare levy was paid by 4,345 people for an average of $754. 40 people paid $1,151 on average more for the Medicare surcharge.

5,290 people earned a salary or wage and took home an average of $41,475 each.

Government allowance and payments were collected by 735 people for on average $5,292. 685 people received the pension or other allowance.

Charitable gifts and donations of an average of $286 were made by 2,580 people.

The costs of tax affairs for 3,200 people were claimed for $256 each.