TaxStats for postcode 2715 FY2013

Postcode 2715 includes Arumpo, Balranald, Hatfield, Kyalite, Kyalite, Mungo, Penarie, The Vale in New South Wales, and is in the federal electorate of Farrer.

In FY 2013 the ATO recorded 780 individuals in postcode 2715. Of these people, 765 made a taxable income or loss. 600 of the population paid a gross amount of tax. After tax offsets, 540 people actually paid a net amount of tax. There were 225 non-taxable people who paid net tax of $0.

Compare TaxStats of 2715 with NSW

2715 TaxStats FY2013%Ppl#Ppl2715
Total Individuals100%780
Salary or Wage 71%550$39,820$21,901,081
Gross Interest53%415$2,032$843,274
Unfranked Dividends12%90$276$24,797
Franked Dividends24%185$6,026$1,114,832
Dividend Franking Credit24%185$2,583$477,776
Capital Gains3%25$5,802$145,045
Termination Payouts1%5$54$270
Tips/Directors Fees etc24%190$1,563$296,901
Business Income11%85$16,056$1,364,722
Foreign Income4%35$175$6,129
Government payments6%45$4,367$196,517
Government pensions6%50$11,921$596,063
Total Income or Loss99%770$45,003$34,652,502
Charitable Gifts15%115$4,762$547,681
Cost of Tax Affairs42%330$278$91,786
Work Car expenses22%170$2,617$444,854
Work Travel expenses9%70$4,452$311,641
Self Education expenses3%20$2,717$54,334
Total Deductions71%550$4,523$2,487,783
Taxable Income98%765$41,713$31,910,741
Medicare Levy 65%510$849$433,121
Medicare Surcharge 2%15$1,746$26,195
Gross Tax 77%600$9,688$5,812,570
Net Tax 69%540$10,194$5,504,544
Average Tax 100%780 $7,057$5,504,544
Gross Tax Rate 77%600 23%$5,812,570
Net Tax Rate 69%540 24%$5,504,544
Average Tax Rate 100%780 17%$5,504,544
%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 $41,713. It is estimated that the average taxable income for people who paid a net amount of tax was $54094.

The average net tax paid was $10,194. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 510 people for an average of $849. 15 people paid $1,746 on average more for the Medicare surcharge.

550 people earned a salary or wage and took home an average of $39,820 each.

Government allowance and payments were collected by 45 people for on average $4,367. 50 people received the pension or other allowance.

Charitable gifts and donations of an average of $4,762 were made by 115 people.

The costs of tax affairs for 330 people were claimed for $278 each.