TaxStats for postcode 2712 FY2013

Postcode 2712 includes Berrigan, Berrigan, Boomanoomana, Boomanoomana in New South Wales, and is in the federal electorate of Farrer.

In FY 2013 the ATO recorded 750 individuals in postcode 2712. Of these people, 735 made a taxable income or loss. 550 of the population paid a gross amount of tax. After tax offsets, 480 people actually paid a net amount of tax. There were 255 non-taxable people who paid net tax of $0.

Compare TaxStats of 2712 with NSW

2712 TaxStats FY2013%Ppl#Ppl2712
Avg
2712
Total
Total Individuals100%750
Income
Salary or Wage 67%500$37,830$18,915,217
Gross Interest61%460$1,725$793,499
Unfranked Dividends14%105$713$74,893
Franked Dividends32%240$4,762$1,142,932
Dividend Franking Credit32%240$2,041$489,824
Capital Gains5%35$7,418$259,640
Termination Payouts1%5$6,795$33,973
Tips/Directors Fees etc21%155$1,772$274,716
Business Income10%75$14,386$1,078,976
Foreign Income5%40$309$12,371
Government payments8%60$5,561$333,665
Government pensions11%85$10,186$865,803
Total Income or Loss99%745$40,885$30,459,472
Deducations
Charitable Gifts25%190$265$50,315
Cost of Tax Affairs41%310$322$99,716
Work Car expenses18%135$2,626$354,485
Work Travel expenses8%60$2,864$171,836
Self Education expenses3%25$1,956$48,899
Total Deductions73%550$2,949$1,621,940
Taxation
Taxable Income98%735$38,829$28,539,097
Medicare Levy 61%460$779$358,531
Medicare Surcharge 1%5$1,458$7,290
Gross Tax 73%550$8,270$4,548,345
Net Tax 64%480$8,943$4,292,684
Average Tax 100%750 $5,724$4,292,684
Gross Tax Rate 73%550 21%$4,548,345
Net Tax Rate 64%480 23%$4,292,684
Average Tax Rate 100%750 15%$4,292,684
%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 $38,829. It is estimated that the average taxable income for people who paid a net amount of tax was $53081.

The average net tax paid was $8,943. This equates to an average tax of 23 cents in the dollar on taxable income.

The Medicare levy was paid by 460 people for an average of $779. 5 people paid $1,458 on average more for the Medicare surcharge.

500 people earned a salary or wage and took home an average of $37,830 each.

Government allowance and payments were collected by 60 people for on average $5,561. 85 people received the pension or other allowance.

Charitable gifts and donations of an average of $265 were made by 190 people.

The costs of tax affairs for 310 people were claimed for $322 each.