TaxStats for postcode 2671 FY2013

Postcode 2671 includes Alleena, Back Creek, Burcher, Lake Cowal, North Yalgogrin, North Yalgogrin, West Wyalong, Wyalong in New South Wales, and is in the federal electorate of Riverina.

In FY 2013 the ATO recorded 2,285 individuals in postcode 2671. Of these people, 2,255 made a taxable income or loss. 1,735 of the population paid a gross amount of tax. After tax offsets, 1,520 people actually paid a net amount of tax. There were 735 non-taxable people who paid net tax of $0.

Compare TaxStats of 2671 with NSW

2671 TaxStats FY2013%Ppl#Ppl2671
Total Individuals100%2,285
Salary or Wage 73%1,675$47,578$79,693,962
Gross Interest59%1,340$2,194$2,939,719
Unfranked Dividends12%270$221$59,635
Franked Dividends30%685$3,442$2,358,013
Dividend Franking Credit30%685$1,475$1,010,567
Capital Gains4%95$8,431$800,936
Termination Payouts1%15$8,243$123,648
Tips/Directors Fees etc18%400$2,957$1,182,898
Business Income10%220$13,057$2,872,586
Foreign Income5%115$275$31,622
Government payments6%130$6,070$789,130
Government pensions8%180$10,218$1,839,327
Total Income or Loss100%2,275$46,940$106,787,558
Charitable Gifts29%670$274$183,341
Cost of Tax Affairs46%1,045$331$345,620
Work Car expenses20%455$2,345$1,067,200
Work Travel expenses7%155$5,616$870,455
Self Education expenses3%70$1,805$126,378
Total Deductions77%1,760$3,064$5,392,142
Taxable Income99%2,255$44,552$100,464,019
Medicare Levy 64%1,455$911$1,325,901
Medicare Surcharge 1%15$1,332$19,986
Gross Tax 76%1,735$10,751$18,653,021
Net Tax 67%1,520$12,210$18,559,445
Average Tax 100%2,285 $8,122$18,559,445
Gross Tax Rate 76%1,735 24%$18,653,021
Net Tax Rate 67%1,520 27%$18,559,445
Average Tax Rate 100%2,285 18%$18,559,445
%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 $44,552. It is estimated that the average taxable income for people who paid a net amount of tax was $60292.

The average net tax paid was $12,210. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 1,455 people for an average of $911. 15 people paid $1,332 on average more for the Medicare surcharge.

1,675 people earned a salary or wage and took home an average of $47,578 each.

Government allowance and payments were collected by 130 people for on average $6,070. 180 people received the pension or other allowance.

Charitable gifts and donations of an average of $274 were made by 670 people.

The costs of tax affairs for 1,045 people were claimed for $331 each.