TaxStats for postcode 2734 FY2013

Postcode 2734 includes Coobool, Coobool, Cunninyeuk, Cunninyeuk, Dilpurra, Dilpurra, Mallan, Mallan, Mellool, Mellool, Moolpa, Murray Downs, Murray Downs, Murray Downs, Nacurrie, Nacurrie, Speewa Island, Speewa Island, Stony Crossing, Stony Crossing, Tooranie, Tueloga, Tueloga, Wetuppa, Wetuppa in New South Wales, and is in the federal electorate of Farrer.

In FY 2013 the ATO recorded 70 individuals in postcode 2734. Of these people, 65 made a taxable income or loss. 45 of the population paid a gross amount of tax. After tax offsets, 40 people actually paid a net amount of tax. There were 25 non-taxable people who paid net tax of $0.

Compare TaxStats of 2734 with NSW

2734 TaxStats FY2013%Ppl#Ppl2734
Total Individuals100%70
Salary or Wage 71%50$30,351$1,517,536
Gross Interest50%35$1,450$50,751
Unfranked Dividends29%20$388$7,770
Franked Dividends43%30$6,682$200,471
Dividend Franking Credit43%30$2,864$85,912
Capital Gains7%5$5,809$29,045
Termination Payouts%0$$0
Tips/Directors Fees etc14%10$574$5,744
Business Income7%5$9,668$48,338
Foreign Income14%10$81$806
Government payments7%5$9,014$45,069
Government pensions7%5$2,546$12,729
Total Income or Loss100%70$38,755$2,712,876
Charitable Gifts14%10$234$2,341
Cost of Tax Affairs29%20$373$7,452
Work Car expenses21%15$1,697$25,451
Work Travel expenses7%5$515$2,577
Self Education expenses7%5$64$320
Total Deductions71%50$4,572$228,618
Taxable Income93%65$37,093$2,411,023
Medicare Levy 50%35$888$31,076
Medicare Surcharge %0$$0
Gross Tax 64%45$8,804$396,172
Net Tax 57%40$9,610$384,395
Average Tax 100%70 $5,491$384,395
Gross Tax Rate 64%45 24%$396,172
Net Tax Rate 57%40 26%$384,395
Average Tax Rate 100%70 15%$384,395
%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 $37,093. It is estimated that the average taxable income for people who paid a net amount of tax was $52776.

The average net tax paid was $9,610. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 35 people for an average of $888.

50 people earned a salary or wage and took home an average of $30,351 each.

Government allowance and payments were collected by 5 people for on average $9,014. 5 people received the pension or other allowance.

Charitable gifts and donations of an average of $234 were made by 10 people.

The costs of tax affairs for 20 people were claimed for $373 each.