TaxStats for postcode 2721 FY2013

Postcode 2721 includes Bland, Bland, Quandialla, Quandialla in New South Wales, and is in the federal electorate of Riverina.

In FY 2013 the ATO recorded 140 individuals in postcode 2721. Of these people, 135 made a taxable income or loss. 95 of the population paid a gross amount of tax. After tax offsets, 75 people actually paid a net amount of tax. There were 60 non-taxable people who paid net tax of $0.

Compare TaxStats of 2721 with NSW

2721 TaxStats FY2013%Ppl#Ppl2721
Total Individuals100%140
Salary or Wage 50%70$28,656$2,005,955
Gross Interest64%90$2,547$229,263
Unfranked Dividends21%30$155$4,662
Franked Dividends46%65$2,062$133,998
Dividend Franking Credit46%65$883$57,401
Capital Gains4%5$3,237$16,185
Termination Payouts4%5$3,941$19,703
Tips/Directors Fees etc14%20$1,331$26,626
Business Income11%15$9,214$138,217
Foreign Income4%5$850$4,252
Government payments7%10$6,359$63,590
Government pensions11%15$9,309$139,628
Total Income or Loss100%140$34,148$4,780,695
Charitable Gifts21%30$299$8,966
Cost of Tax Affairs36%50$257$12,871
Work Car expenses14%20$2,565$51,294
Work Travel expenses7%10$1,264$12,641
Self Education expenses4%5$196$982
Total Deductions64%90$2,621$235,902
Taxable Income96%135$32,056$4,327,513
Medicare Levy 46%65$805$52,339
Medicare Surcharge %0$$0
Gross Tax 68%95$7,042$668,962
Net Tax 54%75$8,205$615,400
Average Tax 100%140 $4,396$615,400
Gross Tax Rate 68%95 22%$668,962
Net Tax Rate 54%75 26%$615,400
Average Tax Rate 100%140 14%$615,400
%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 $32,056. It is estimated that the average taxable income for people who paid a net amount of tax was $48100.

The average net tax paid was $8,205. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 65 people for an average of $805.

70 people earned a salary or wage and took home an average of $28,656 each.

Government allowance and payments were collected by 10 people for on average $6,359. 15 people received the pension or other allowance.

Charitable gifts and donations of an average of $299 were made by 30 people.

The costs of tax affairs for 50 people were claimed for $257 each.