TaxStats for postcode 2675 FY2013

Postcode 2675 includes Hillston, Hillston, Lake Brewster, Lake Brewster, Monia Gap, Monia Gap, Roto, Roto, Wallanthery, Wallanthery, White Top, White Top in New South Wales, and is in the federal electorate of Riverina.

In FY 2013 the ATO recorded 990 individuals in postcode 2675. Of these people, 970 made a taxable income or loss. 740 of the population paid a gross amount of tax. After tax offsets, 675 people actually paid a net amount of tax. There were 295 non-taxable people who paid net tax of $0.

Compare TaxStats of 2675 with NSW

2675 TaxStats FY2013%Ppl#Ppl2675
Total Individuals100%990
Salary or Wage 77%760$39,604$30,099,190
Gross Interest53%525$2,576$1,352,170
Unfranked Dividends10%95$1,121$106,507
Franked Dividends27%265$4,480$1,187,305
Dividend Franking Credit27%265$1,920$508,756
Capital Gains4%40$139,649$5,585,941
Termination Payouts1%10$7,340$73,403
Tips/Directors Fees etc20%200$3,469$693,735
Business Income8%75$13,931$1,044,803
Foreign Income6%55$255$14,032
Government payments5%45$5,796$260,838
Government pensions7%65$10,020$651,326
Total Income or Loss99%985$52,276$51,491,442
Charitable Gifts24%235$272$63,841
Cost of Tax Affairs44%435$323$140,344
Work Car expenses18%175$2,471$432,511
Work Travel expenses6%60$2,673$160,358
Self Education expenses3%30$2,086$62,580
Total Deductions73%725$2,740$1,986,788
Taxable Income98%970$49,159$47,684,199
Medicare Levy 64%635$1,010$641,425
Medicare Surcharge 2%15$1,242$18,632
Gross Tax 75%740$13,494$9,985,720
Net Tax 68%675$14,867$10,035,072
Average Tax 100%990 $10,136$10,035,072
Gross Tax Rate 75%740 27%$9,985,720
Net Tax Rate 68%675 30%$10,035,072
Average Tax Rate 100%990 21%$10,035,072
%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 $49,159. It is estimated that the average taxable income for people who paid a net amount of tax was $65399.

The average net tax paid was $14,867. This equates to an average tax of 30 cents in the dollar on taxable income.

The Medicare levy was paid by 635 people for an average of $1,010. 15 people paid $1,242 on average more for the Medicare surcharge.

760 people earned a salary or wage and took home an average of $39,604 each.

Government allowance and payments were collected by 45 people for on average $5,796. 65 people received the pension or other allowance.

Charitable gifts and donations of an average of $272 were made by 235 people.

The costs of tax affairs for 435 people were claimed for $323 each.