TaxStats for postcode 2678 FY2013

Postcode 2678 includes Charles Sturt University in New South Wales, and is in the federal electorate of Riverina.

In FY 2013 the ATO recorded 55 individuals in postcode 2678. Of these people, 55 made a taxable income or loss. 45 of the population paid a gross amount of tax. After tax offsets, 45 people actually paid a net amount of tax. There were 10 non-taxable people who paid net tax of $0.

Compare TaxStats of 2678 with NSW

2678 TaxStats FY2013%Ppl#Ppl2678
Avg
2678
Total
Total Individuals100%55
Income
Salary or Wage 91%50$56,317$2,815,869
Gross Interest64%35$1,994$69,799
Unfranked Dividends18%10$3,585$35,850
Franked Dividends27%15$1,888$28,326
Dividend Franking Credit27%15$809$12,134
Capital Gains%0$$0
Termination Payouts9%5$3,520$17,601
Tips/Directors Fees etc18%10$1,534$15,337
Business Income9%5$43,530$217,648
Foreign Income9%5$76$380
Government payments18%10$5,198$51,975
Government pensions%0$$0
Total Income or Loss100%55$62,871$3,457,922
Deducations
Charitable Gifts18%10$402$4,020
Cost of Tax Affairs36%20$574$11,480
Work Car expenses18%10$2,139$21,392
Work Travel expenses18%10$1,619$16,188
Self Education expenses9%5$1,814$9,068
Total Deductions82%45$4,195$188,759
Taxation
Taxable Income100%55$59,439$3,269,163
Medicare Levy 73%40$1,116$44,625
Medicare Surcharge 9%5$200$1,002
Gross Tax 82%45$15,434$694,534
Net Tax 82%45$16,078$723,531
Average Tax 100%55 $13,155$723,531
Gross Tax Rate 82%45 26%$694,534
Net Tax Rate 82%45 27%$723,531
Average Tax Rate 100%55 22%$723,531
%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 $59,439. It is estimated that the average taxable income for people who paid a net amount of tax was $69981.

The average net tax paid was $16,078. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 40 people for an average of $1,116. 5 people paid $200 on average more for the Medicare surcharge.

50 people earned a salary or wage and took home an average of $56,317 each.

Government allowance and payments were collected by 10 people for on average $5,198. 0 people received the pension or other allowance.

Charitable gifts and donations of an average of $402 were made by 10 people.

The costs of tax affairs for 20 people were claimed for $574 each.