TaxStats for postcode 2474 FY2013

Postcode 2474 includes Afterlee, Barkers Vale, Border Ranges, Cawongla, Cedar Point, Collins Creek, Cougal, Dairy Flat, Eden Creek, Edenville, Ettrick, Fawcetts Plain, Findon Creek, Geneva, Ghinni Ghi, Gradys Creek, Green Pigeon, Grevillia, Homeleigh, Horse Station Creek, Horseshoe Creek, Iron Pot Creek, Kilgra, Kyogle, Little Back Creek, Loadstone, Lynchs Creek, New Park, Old Grevillia, Roseberry, Roseberry Creek, Rukenvale, Sawpit Creek, Sawpit Creek, Sherwood, Smiths Creek, Smiths Creek, Terrace Creek, The Risk, Toonumbar, Unumgar, Upper Eden Creek, Upper Horseshoe Creek, Wadeville, Warrazambil Creek, West Wiangaree, Wiangaree, Wyneden in New South Wales, and is in the federal electorate of Page.

In FY 2013 the ATO recorded 3,095 individuals in postcode 2474. Of these people, 3,055 made a taxable income or loss. 2,100 of the population paid a gross amount of tax. After tax offsets, 1,825 people actually paid a net amount of tax. There were 1,230 non-taxable people who paid net tax of $0.

Compare TaxStats of 2474 with NSW

2474 TaxStats FY2013%Ppl#Ppl2474
Avg
2474
Total
Total Individuals100%3,095
Income
Salary or Wage 68%2,110$41,456$87,472,905
Gross Interest57%1,770$2,071$3,665,616
Unfranked Dividends10%295$567$167,130
Franked Dividends27%850$2,681$2,279,060
Dividend Franking Credit27%845$1,155$975,686
Capital Gains3%90$8,559$770,306
Termination Payouts1%40$6,993$279,729
Tips/Directors Fees etc20%625$2,524$1,577,265
Business Income16%480$2,881$1,382,776
Foreign Income4%130$788$102,394
Government payments11%330$6,300$2,078,913
Government pensions9%270$9,738$2,629,382
Total Income or Loss100%3,090$36,922$114,089,580
Deducations
Charitable Gifts28%855$281$239,951
Cost of Tax Affairs42%1,300$303$393,713
Work Car expenses18%570$2,286$1,303,155
Work Travel expenses5%160$3,355$536,738
Self Education expenses3%90$1,649$148,403
Total Deductions73%2,250$2,301$5,178,258
Taxation
Taxable Income99%3,055$35,427$108,228,167
Medicare Levy 55%1,705$799$1,362,740
Medicare Surcharge 1%30$1,315$39,454
Gross Tax 68%2,100$8,516$17,883,558
Net Tax 59%1,825$9,754$17,800,432
Average Tax 100%3,095 $5,751$17,800,432
Gross Tax Rate 68%2,100 24%$17,883,558
Net Tax Rate 59%1,825 28%$17,800,432
Average Tax Rate 100%3,095 16%$17,800,432
%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 $35,427. It is estimated that the average taxable income for people who paid a net amount of tax was $51215.

The average net tax paid was $9,754. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 1,705 people for an average of $799. 30 people paid $1,315 on average more for the Medicare surcharge.

2,110 people earned a salary or wage and took home an average of $41,456 each.

Government allowance and payments were collected by 330 people for on average $6,300. 270 people received the pension or other allowance.

Charitable gifts and donations of an average of $281 were made by 855 people.

The costs of tax affairs for 1,300 people were claimed for $303 each.