TaxStats for postcode 2646 FY2013

Postcode 2646 includes Balldale, Balldale, Bull Plain, Bull Plain, Buraja, Buraja, Coads Tank, Coads Tank, Collendina, Collendina, Coreen, Coreen, Corowa, Corowa, Daysdale, Daysdale, Goombargana, Hopefield, Lowesdale, Lowesdale, Merton Vale, Merton Vale, Nyora, Oaklands, Oaklands, Redlands, Redlands, Rennie, Rennie, Ringwood, Ringwood, Sanger, Savernake, Savernake in New South Wales, and is in the federal electorate of Farrer.

In FY 2013 the ATO recorded 3,965 individuals in postcode 2646. Of these people, 3,935 made a taxable income or loss. 3,120 of the population paid a gross amount of tax. After tax offsets, 2,710 people actually paid a net amount of tax. There were 1,225 non-taxable people who paid net tax of $0.

Compare TaxStats of 2646 with NSW

2646 TaxStats FY2013%Ppl#Ppl2646
Avg
2646
Total
Total Individuals100%3,965
Income
Salary or Wage 72%2,870$44,130$126,652,406
Gross Interest61%2,405$1,861$4,475,184
Unfranked Dividends17%675$422$284,788
Franked Dividends34%1,340$4,069$5,453,053
Dividend Franking Credit34%1,340$1,745$2,337,635
Capital Gains5%215$10,973$2,359,112
Termination Payouts1%35$5,748$201,170
Tips/Directors Fees etc21%815$1,872$1,526,015
Business Income7%265$15,387$4,077,550
Foreign Income7%295$518$152,926
Government payments7%290$5,620$1,629,791
Government pensions8%330$9,975$3,291,885
Total Income or Loss100%3,950$46,331$183,009,107
Deducations
Charitable Gifts42%1,650$207$341,986
Cost of Tax Affairs49%1,935$271$524,701
Work Car expenses23%925$1,822$1,684,906
Work Travel expenses7%275$2,906$799,120
Self Education expenses4%150$1,779$266,852
Total Deductions80%3,170$2,843$9,012,707
Taxation
Taxable Income99%3,935$44,028$173,249,367
Medicare Levy 65%2,570$878$2,255,742
Medicare Surcharge 1%30$1,066$31,987
Gross Tax 79%3,120$9,948$31,038,924
Net Tax 68%2,710$11,260$30,514,587
Average Tax 100%3,965 $7,696$30,514,587
Gross Tax Rate 79%3,120 23%$31,038,924
Net Tax Rate 68%2,710 26%$30,514,587
Average Tax Rate 100%3,965 17%$30,514,587
%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 $44,028. It is estimated that the average taxable income for people who paid a net amount of tax was $58505.

The average net tax paid was $11,260. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 2,570 people for an average of $878. 30 people paid $1,066 on average more for the Medicare surcharge.

2,870 people earned a salary or wage and took home an average of $44,130 each.

Government allowance and payments were collected by 290 people for on average $5,620. 330 people received the pension or other allowance.

Charitable gifts and donations of an average of $207 were made by 1,650 people.

The costs of tax affairs for 1,935 people were claimed for $271 each.