TaxStats for postcode 2666 FY2013

Postcode 2666 includes Combaning, Dirnaseer, Gidginbung, Grogan, Junee Reefs, Mimosa, Morangarell, Narraburra, Pucawan, Reefton, Sebastopol, Springdale, Temora, Trungley Hall in New South Wales, and is in the federal electorate of Riverina.

In FY 2013 the ATO recorded 2,950 individuals in postcode 2666. Of these people, 2,925 made a taxable income or loss. 2,255 of the population paid a gross amount of tax. After tax offsets, 2,000 people actually paid a net amount of tax. There were 925 non-taxable people who paid net tax of $0.

Compare TaxStats of 2666 with NSW

2666 TaxStats FY2013%Ppl#Ppl2666
Total Individuals100%2,950
Salary or Wage 71%2,095$41,540$87,027,310
Gross Interest64%1,895$2,092$3,963,878
Unfranked Dividends12%340$336$114,380
Franked Dividends35%1,020$3,358$3,424,725
Dividend Franking Credit35%1,020$1,438$1,466,988
Capital Gains5%140$11,995$1,679,269
Termination Payouts1%25$9,074$226,850
Tips/Directors Fees etc20%585$2,819$1,649,107
Business Income10%285$15,923$4,537,933
Foreign Income7%200$267$53,368
Government payments7%215$5,633$1,211,062
Government pensions8%230$9,935$2,284,938
Total Income or Loss100%2,945$45,369$133,612,661
Charitable Gifts43%1,270$211$268,223
Cost of Tax Affairs48%1,410$301$424,795
Work Car expenses21%610$2,336$1,424,715
Work Travel expenses7%210$3,699$776,775
Self Education expenses3%100$2,158$215,779
Total Deductions81%2,395$3,144$7,529,914
Taxable Income99%2,925$42,507$124,332,258
Medicare Levy 64%1,895$865$1,639,409
Medicare Surcharge 1%25$1,327$33,180
Gross Tax 76%2,255$9,822$22,147,612
Net Tax 68%2,000$10,813$21,625,052
Average Tax 100%2,950 $7,331$21,625,052
Gross Tax Rate 76%2,255 23%$22,147,612
Net Tax Rate 68%2,000 25%$21,625,052
Average Tax Rate 100%2,950 17%$21,625,052
%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 $42,507. It is estimated that the average taxable income for people who paid a net amount of tax was $56616.

The average net tax paid was $10,813. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 1,895 people for an average of $865. 25 people paid $1,327 on average more for the Medicare surcharge.

2,095 people earned a salary or wage and took home an average of $41,540 each.

Government allowance and payments were collected by 215 people for on average $5,633. 230 people received the pension or other allowance.

Charitable gifts and donations of an average of $211 were made by 1,270 people.

The costs of tax affairs for 1,410 people were claimed for $301 each.