TaxStats for postcode 2705 FY2013

Postcode 2705 includes Brobenah, Calorafield, Corbie Hill, Gogeldrie, Leeton, Merungle Hill, Murrami, Stanbridge, Wamoon, Whitton in New South Wales, and is in the federal electorate of Riverina.

In FY 2013 the ATO recorded 5,455 individuals in postcode 2705. Of these people, 5,395 made a taxable income or loss. 4,270 of the population paid a gross amount of tax. After tax offsets, 3,855 people actually paid a net amount of tax. There were 1,540 non-taxable people who paid net tax of $0.

Compare TaxStats of 2705 with NSW

2705 TaxStats FY2013%Ppl#Ppl2705
Total Individuals100%5,455
Salary or Wage 78%4,270$45,423$193,957,589
Gross Interest53%2,895$1,974$5,715,612
Unfranked Dividends12%680$363$246,870
Franked Dividends29%1,570$3,218$5,052,304
Dividend Franking Credit29%1,560$1,388$2,165,855
Capital Gains3%185$10,998$2,034,570
Termination Payouts2%85$3,698$314,371
Tips/Directors Fees etc21%1,140$1,611$1,837,041
Business Income7%360$11,882$4,277,652
Foreign Income4%220$1,286$282,888
Government payments9%510$5,160$2,631,833
Government pensions7%375$9,877$3,704,036
Total Income or Loss100%5,450$44,242$241,120,934
Charitable Gifts50%2,745$235$645,687
Cost of Tax Affairs43%2,345$303$710,080
Work Car expenses25%1,390$2,316$3,219,323
Work Travel expenses6%345$2,288$789,290
Self Education expenses4%225$1,676$376,991
Total Deductions80%4,360$2,647$11,541,106
Taxable Income99%5,395$42,117$227,222,259
Medicare Levy 68%3,685$818$3,015,147
Medicare Surcharge 1%40$1,075$42,990
Gross Tax 78%4,270$9,081$38,773,763
Net Tax 71%3,855$10,183$39,255,627
Average Tax 100%5,455 $7,196$39,255,627
Gross Tax Rate 78%4,270 22%$38,773,763
Net Tax Rate 71%3,855 24%$39,255,627
Average Tax Rate 100%5,455 17%$39,255,627
%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 $42,117. It is estimated that the average taxable income for people who paid a net amount of tax was $54148.

The average net tax paid was $10,183. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 3,685 people for an average of $818. 40 people paid $1,075 on average more for the Medicare surcharge.

4,270 people earned a salary or wage and took home an average of $45,423 each.

Government allowance and payments were collected by 510 people for on average $5,160. 375 people received the pension or other allowance.

Charitable gifts and donations of an average of $235 were made by 2,745 people.

The costs of tax affairs for 2,345 people were claimed for $303 each.