TaxStats for postcode 2710 FY2013

Postcode 2710 includes Barratta, Barratta, Benarca, Benarca, Birganbigil, Birganbigil, Booroorban, Booroorban, Brassi, Brassi, Bullatale, Caldwell, Caldwell, Calimo, Calimo, Conargo, Conargo, Coree, Coree, Cornalla, Cornalla, Deniliquin, Deniliquin, Gulpa, Gulpa, Hartwood, Hartwood, Hill Plain, Hill Plain, Jimaringle, Jimaringle, Lindifferon, Lindifferon, Mathoura, Mathoura, Mayrung, Mayrung, Moira, Moira, Moonahcullah, Moonahcullah, Moonbria, Moonbria, Morago, Morago, Pretty Pine, Pretty Pine, Steam Plains, Steam Plains, Stud Park, Stud Park, Wakool, Wakool, Wandook, Wandook, Wanganella, Wanganella, Warragoon, Warragoon, Willurah, Willurah, Yallakool, Yallakool in New South Wales, and is in the federal electorate of Farrer.

In FY 2013 the ATO recorded 5,840 individuals in postcode 2710. Of these people, 5,760 made a taxable income or loss. 4,385 of the population paid a gross amount of tax. After tax offsets, 3,885 people actually paid a net amount of tax. There were 1,875 non-taxable people who paid net tax of $0.

Compare TaxStats of 2710 with NSW

2710 TaxStats FY2013%Ppl#Ppl2710
Total Individuals100%5,840
Salary or Wage 72%4,205$42,363$178,136,193
Gross Interest56%3,290$1,999$6,575,433
Unfranked Dividends13%745$349$259,646
Franked Dividends30%1,750$5,061$8,857,087
Dividend Franking Credit30%1,750$2,170$3,797,310
Capital Gains5%305$10,945$3,338,217
Termination Payouts1%70$6,284$439,881
Tips/Directors Fees etc22%1,280$1,981$2,535,298
Business Income9%550$10,930$6,011,571
Foreign Income5%310$340$105,367
Government payments10%555$5,288$2,934,743
Government pensions9%540$10,282$5,552,047
Total Income or Loss100%5,820$42,709$248,567,613
Charitable Gifts20%1,155$325$374,821
Cost of Tax Affairs49%2,845$243$692,262
Work Car expenses18%1,075$2,161$2,322,865
Work Travel expenses6%325$3,055$993,023
Self Education expenses3%200$1,702$340,449
Total Deductions75%4,370$2,469$10,789,891
Taxable Income99%5,760$40,721$234,551,788
Medicare Levy 64%3,710$840$3,114,746
Medicare Surcharge 1%45$1,169$52,605
Gross Tax 75%4,385$9,450$41,439,631
Net Tax 67%3,885$10,651$41,379,534
Average Tax 100%5,840 $7,086$41,379,534
Gross Tax Rate 75%4,385 23%$41,439,631
Net Tax Rate 67%3,885 26%$41,379,534
Average Tax Rate 100%5,840 17%$41,379,534
%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 $40,721. It is estimated that the average taxable income for people who paid a net amount of tax was $54582.

The average net tax paid was $10,651. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 3,710 people for an average of $840. 45 people paid $1,169 on average more for the Medicare surcharge.

4,205 people earned a salary or wage and took home an average of $42,363 each.

Government allowance and payments were collected by 555 people for on average $5,288. 540 people received the pension or other allowance.

Charitable gifts and donations of an average of $325 were made by 1,155 people.

The costs of tax affairs for 2,845 people were claimed for $243 each.