TaxStats for postcode 2787 FY2013

Postcode 2787 includes Black Springs, Black Springs, Chatham Valley, Chatham Valley, Duckmaloi, Duckmaloi, Edith, Edith, Gingkin, Gingkin, Gurnang, Gurnang, Hazelgrove, Hazelgrove, Jaunter, Jaunter, Kanangra, Kanangra, Mayfield, Mayfield, Mount Olive, Mount Olive, Mount Werong, Mount Werong, Mozart, Mozart, Norway, Oberon, Oberon, Porters Retreat, Porters Retreat, Shooters Hill, Shooters Hill, Tarana, Tarana, The Meadows, The Meadows, Yerranderie, Yerranderie in New South Wales, and is in the federal electorate of Calare.

In FY 2013 the ATO recorded 2,340 individuals in postcode 2787. Of these people, 2,320 made a taxable income or loss. 1,795 of the population paid a gross amount of tax. After tax offsets, 1,605 people actually paid a net amount of tax. There were 715 non-taxable people who paid net tax of $0.

Compare TaxStats of 2787 with NSW

2787 TaxStats FY2013%Ppl#Ppl2787
Avg
2787
Total
Total Individuals100%2,340
Income
Salary or Wage 74%1,730$48,105$83,220,847
Gross Interest57%1,335$2,249$3,002,631
Unfranked Dividends11%255$594$151,540
Franked Dividends26%615$4,734$2,911,113
Dividend Franking Credit26%610$2,045$1,247,471
Capital Gains3%70$12,291$860,348
Termination Payouts1%30$9,267$277,999
Tips/Directors Fees etc19%455$2,728$1,241,364
Business Income12%270$14,702$3,969,579
Foreign Income5%115$603$69,374
Government payments6%140$6,007$840,928
Government pensions7%170$9,316$1,583,673
Total Income or Loss99%2,325$45,830$106,553,648
Deducations
Charitable Gifts31%720$258$185,873
Cost of Tax Affairs52%1,225$327$400,675
Work Car expenses25%575$2,178$1,252,141
Work Travel expenses7%160$2,928$468,537
Self Education expenses4%100$1,724$172,390
Total Deductions81%1,890$2,420$4,574,376
Taxation
Taxable Income99%2,320$43,777$101,562,670
Medicare Levy 66%1,555$870$1,353,615
Medicare Surcharge 1%25$1,371$34,280
Gross Tax 77%1,795$10,046$18,033,198
Net Tax 69%1,605$11,444$18,367,339
Average Tax 100%2,340 $7,849$18,367,339
Gross Tax Rate 77%1,795 23%$18,033,198
Net Tax Rate 69%1,605 26%$18,367,339
Average Tax Rate 100%2,340 18%$18,367,339
%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 $43,777. It is estimated that the average taxable income for people who paid a net amount of tax was $57933.

The average net tax paid was $11,444. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 1,555 people for an average of $870. 25 people paid $1,371 on average more for the Medicare surcharge.

1,730 people earned a salary or wage and took home an average of $48,105 each.

Government allowance and payments were collected by 140 people for on average $6,007. 170 people received the pension or other allowance.

Charitable gifts and donations of an average of $258 were made by 720 people.

The costs of tax affairs for 1,225 people were claimed for $327 each.