TaxStats for postcode 2665 FY2013

Postcode 2665 includes Ardlethan, Ariah Park, Barellan, Beckom, Bectric, Binya, Kamarah, Mirrool, Moombooldool, Mount Crystal, Quandary, Tara, Walleroobie in New South Wales, and is in the federal electorate of Riverina.

In FY 2013 the ATO recorded 1,245 individuals in postcode 2665. Of these people, 1,215 made a taxable income or loss. 880 of the population paid a gross amount of tax. After tax offsets, 750 people actually paid a net amount of tax. There were 465 non-taxable people who paid net tax of $0.

Compare TaxStats of 2665 with NSW

2665 TaxStats FY2013%Ppl#Ppl2665
Total Individuals100%1,245
Salary or Wage 54%675$36,423$24,585,658
Gross Interest63%790$2,079$1,642,258
Unfranked Dividends16%195$186$36,244
Franked Dividends40%500$1,593$796,591
Dividend Franking Credit40%500$676$338,004
Capital Gains4%50$9,871$493,556
Termination Payouts0%5$6,482$32,411
Tips/Directors Fees etc15%185$2,347$434,205
Business Income10%130$10,901$1,417,158
Foreign Income6%75$373$27,996
Government payments7%90$6,203$558,305
Government pensions8%100$11,804$1,180,405
Total Income or Loss100%1,245$38,727$48,215,537
Charitable Gifts24%300$274$82,235
Cost of Tax Affairs36%450$286$128,842
Work Car expenses14%170$2,166$368,270
Work Travel expenses4%50$2,858$142,887
Self Education expenses2%25$2,001$50,018
Total Deductions67%840$3,487$2,929,282
Taxable Income98%1,215$35,494$43,125,214
Medicare Levy 57%705$797$562,045
Medicare Surcharge 0%5$397$1,986
Gross Tax 71%880$8,125$7,149,743
Net Tax 60%750$8,719$6,539,186
Average Tax 100%1,245 $5,252$6,539,186
Gross Tax Rate 71%880 23%$7,149,743
Net Tax Rate 60%750 25%$6,539,186
Average Tax Rate 100%1,245 15%$6,539,186
%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 $35,494. It is estimated that the average taxable income for people who paid a net amount of tax was $50060.

The average net tax paid was $8,719. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 705 people for an average of $797. 5 people paid $397 on average more for the Medicare surcharge.

675 people earned a salary or wage and took home an average of $36,423 each.

Government allowance and payments were collected by 90 people for on average $6,203. 100 people received the pension or other allowance.

Charitable gifts and donations of an average of $274 were made by 300 people.

The costs of tax affairs for 450 people were claimed for $286 each.