TaxStats for postcode 2774 FY2013

Postcode 2774 includes Blaxland, Blaxland East, Mount Riverview, Mount Riverview, Warrimoo, Warrimoo in New South Wales, and is in the federal electorate of Macquarie.

In FY 2013 the ATO recorded 7,640 individuals in postcode 2774. Of these people, 7,615 made a taxable income or loss. 6,230 of the population paid a gross amount of tax. After tax offsets, 5,750 people actually paid a net amount of tax. There were 1,865 non-taxable people who paid net tax of $0.

Compare TaxStats of 2774 with NSW

2774 TaxStats FY2013%Ppl#Ppl2774
Avg
2774
Total
Total Individuals100%7,640
Income
Salary or Wage 82%6,285$58,794$369,522,453
Gross Interest59%4,545$1,576$7,164,639
Unfranked Dividends10%755$358$270,534
Franked Dividends32%2,415$3,567$8,613,350
Dividend Franking Credit32%2,410$1,531$3,690,033
Capital Gains4%275$10,442$2,871,422
Termination Payouts1%110$16,036$1,763,910
Tips/Directors Fees etc20%1,520$3,286$4,994,439
Business Income9%650$25,911$16,841,972
Foreign Income5%360$518$186,335
Government payments6%450$5,328$2,397,656
Government pensions5%420$8,912$3,742,991
Total Income or Loss100%7,625$58,403$445,324,504
Deducations
Charitable Gifts45%3,445$502$1,728,990
Cost of Tax Affairs51%3,865$275$1,061,048
Work Car expenses28%2,115$2,545$5,381,788
Work Travel expenses12%950$1,143$1,086,139
Self Education expenses5%415$1,570$651,403
Total Deductions83%6,375$2,853$18,190,255
Taxation
Taxable Income100%7,615$56,023$426,615,235
Medicare Levy 73%5,605$1,049$5,879,740
Medicare Surcharge 1%105$1,043$109,548
Gross Tax 82%6,230$14,243$88,732,104
Net Tax 75%5,750$15,810$90,905,710
Average Tax 100%7,640 $11,899$90,905,710
Gross Tax Rate 82%6,230 25%$88,732,104
Net Tax Rate 75%5,750 28%$90,905,710
Average Tax Rate 100%7,640 21%$90,905,710
%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 $56,023. It is estimated that the average taxable income for people who paid a net amount of tax was $70302.

The average net tax paid was $15,810. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 5,605 people for an average of $1,049. 105 people paid $1,043 on average more for the Medicare surcharge.

6,285 people earned a salary or wage and took home an average of $58,794 each.

Government allowance and payments were collected by 450 people for on average $5,328. 420 people received the pension or other allowance.

Charitable gifts and donations of an average of $502 were made by 3,445 people.

The costs of tax affairs for 3,865 people were claimed for $275 each.