TaxStats for postcode 2647 FY2013

Postcode 2647 includes Mulwala, Mulwala in New South Wales, and is in the federal electorate of Farrer.

In FY 2013 the ATO recorded 1,145 individuals in postcode 2647. Of these people, 1,125 made a taxable income or loss. 845 of the population paid a gross amount of tax. After tax offsets, 730 people actually paid a net amount of tax. There were 395 non-taxable people who paid net tax of $0.

Compare TaxStats of 2647 with NSW

2647 TaxStats FY2013%Ppl#Ppl2647
Avg
2647
Total
Total Individuals100%1,145
Income
Salary or Wage 67%765$42,781$32,727,275
Gross Interest60%690$2,285$1,576,664
Unfranked Dividends15%175$806$140,997
Franked Dividends31%350$10,089$3,531,120
Dividend Franking Credit31%350$4,323$1,513,223
Capital Gains5%55$7,926$435,935
Termination Payouts2%20$6,547$130,937
Tips/Directors Fees etc24%270$2,432$656,719
Business Income8%95$16,801$1,596,102
Foreign Income6%65$323$20,964
Government payments7%75$6,180$463,512
Government pensions10%115$9,788$1,125,653
Total Income or Loss100%1,140$46,137$52,596,563
Deducations
Charitable Gifts28%320$182$58,195
Cost of Tax Affairs45%510$268$136,773
Work Car expenses19%215$2,481$533,518
Work Travel expenses7%80$2,581$206,483
Self Education expenses4%50$1,590$79,482
Total Deductions75%855$2,598$2,221,160
Taxation
Taxable Income98%1,125$43,754$49,222,733
Medicare Levy 60%690$915$631,457
Medicare Surcharge 1%15$1,168$17,520
Gross Tax 74%845$10,855$9,172,131
Net Tax 64%730$12,381$9,037,856
Average Tax 100%1,145 $7,893$9,037,856
Gross Tax Rate 74%845 25%$9,172,131
Net Tax Rate 64%730 28%$9,037,856
Average Tax Rate 100%1,145 18%$9,037,856
%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 $43,754. It is estimated that the average taxable income for people who paid a net amount of tax was $60935.

The average net tax paid was $12,381. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 690 people for an average of $915. 15 people paid $1,168 on average more for the Medicare surcharge.

765 people earned a salary or wage and took home an average of $42,781 each.

Government allowance and payments were collected by 75 people for on average $6,180. 115 people received the pension or other allowance.

Charitable gifts and donations of an average of $182 were made by 320 people.

The costs of tax affairs for 510 people were claimed for $268 each.