TaxStats for postcode 2711 FY2013

Postcode 2711 includes Booligal, Booligal, Carrathool, Carrathool, Clare, Corrong, Gunbar, Gunbar, Hay, Hay, Hay South, Hay South, Keri Keri, Maude, Maude, One Tree, One Tree, Oxley, Waugorah, Yanga in New South Wales, and is in the federal electorate of Farrer.

In FY 2013 the ATO recorded 1,840 individuals in postcode 2711. Of these people, 1,820 made a taxable income or loss. 1,415 of the population paid a gross amount of tax. After tax offsets, 1,245 people actually paid a net amount of tax. There were 575 non-taxable people who paid net tax of $0.

Compare TaxStats of 2711 with NSW

2711 TaxStats FY2013%Ppl#Ppl2711
Total Individuals100%1,840
Salary or Wage 74%1,365$40,648$55,485,105
Gross Interest55%1,015$1,981$2,010,939
Unfranked Dividends11%195$914$178,293
Franked Dividends26%480$4,651$2,232,303
Dividend Franking Credit26%480$1,992$956,391
Capital Gains4%65$3,876$251,960
Termination Payouts1%25$6,824$170,608
Tips/Directors Fees etc21%380$2,588$983,289
Business Income10%180$12,570$2,262,602
Foreign Income4%80$644$51,548
Government payments8%140$5,542$775,889
Government pensions8%145$11,313$1,640,417
Total Income or Loss100%1,840$42,038$77,349,380
Charitable Gifts27%500$207$103,725
Cost of Tax Affairs50%915$246$224,783
Work Car expenses22%400$2,208$883,147
Work Travel expenses7%130$2,297$298,658
Self Education expenses4%65$1,947$126,535
Total Deductions77%1,425$2,724$3,881,447
Taxable Income99%1,820$39,885$72,590,011
Medicare Levy 64%1,185$830$983,964
Medicare Surcharge 1%15$1,575$23,622
Gross Tax 77%1,415$9,055$12,812,242
Net Tax 68%1,245$10,225$12,729,600
Average Tax 100%1,840 $6,918$12,729,600
Gross Tax Rate 77%1,415 23%$12,812,242
Net Tax Rate 68%1,245 26%$12,729,600
Average Tax Rate 100%1,840 17%$12,729,600
%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 $39,885. It is estimated that the average taxable income for people who paid a net amount of tax was $52763.

The average net tax paid was $10,225. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 1,185 people for an average of $830. 15 people paid $1,575 on average more for the Medicare surcharge.

1,365 people earned a salary or wage and took home an average of $40,648 each.

Government allowance and payments were collected by 140 people for on average $5,542. 145 people received the pension or other allowance.

Charitable gifts and donations of an average of $207 were made by 500 people.

The costs of tax affairs for 915 people were claimed for $246 each.