TaxStats for postcode 2737 FY2013

Postcode 2737 includes Benanee, Euston in New South Wales, and is in the federal electorate of Farrer.

In FY 2013 the ATO recorded 390 individuals in postcode 2737. Of these people, 385 made a taxable income or loss. 285 of the population paid a gross amount of tax. After tax offsets, 265 people actually paid a net amount of tax. There were 120 non-taxable people who paid net tax of $0.

Compare TaxStats of 2737 with NSW

2737 TaxStats FY2013%Ppl#Ppl2737
Avg
2737
Total
Total Individuals100%390
Income
Salary or Wage 72%280$37,390$10,469,197
Gross Interest54%210$3,241$680,638
Unfranked Dividends10%40$445$17,791
Franked Dividends23%90$3,715$334,390
Dividend Franking Credit23%90$1,588$142,907
Capital Gains5%20$5,593$111,867
Termination Payouts1%5$350$1,748
Tips/Directors Fees etc17%65$1,938$125,969
Business Income5%20$-1,750$-35,004
Foreign Income4%15$274$4,104
Government payments4%15$4,154$62,306
Government pensions6%25$8,502$212,545
Total Income or Loss99%385$40,428$15,564,939
Deducations
Charitable Gifts18%70$158$11,081
Cost of Tax Affairs46%180$252$45,373
Work Car expenses23%90$2,527$227,434
Work Travel expenses6%25$3,867$96,678
Self Education expenses3%10$717$7,168
Total Deductions74%290$2,449$710,255
Taxation
Taxable Income99%385$38,557$14,844,476
Medicare Levy 63%245$787$192,765
Medicare Surcharge 1%5$963$4,815
Gross Tax 73%285$8,333$2,374,849
Net Tax 68%265$8,769$2,323,703
Average Tax 100%390 $5,958$2,323,703
Gross Tax Rate 73%285 22%$2,374,849
Net Tax Rate 68%265 23%$2,323,703
Average Tax Rate 100%390 15%$2,323,703
%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 $38,557. It is estimated that the average taxable income for people who paid a net amount of tax was $50583.

The average net tax paid was $8,769. This equates to an average tax of 23 cents in the dollar on taxable income.

The Medicare levy was paid by 245 people for an average of $787. 5 people paid $963 on average more for the Medicare surcharge.

280 people earned a salary or wage and took home an average of $37,390 each.

Government allowance and payments were collected by 15 people for on average $4,154. 25 people received the pension or other allowance.

Charitable gifts and donations of an average of $158 were made by 70 people.

The costs of tax affairs for 180 people were claimed for $252 each.