TaxStats for postcode 2810 FY2013

Postcode 2810 includes Bimbi, Bimbi, Caragabal, Caragabal, Glenelg, Grenfell, Piney Range, Piney Range, Pinnacle, Pullabooka, Pullabooka, Warraderry in New South Wales, and is in the federal electorate of Hume.

In FY 2013 the ATO recorded 1,625 individuals in postcode 2810. Of these people, 1,605 made a taxable income or loss. 1,245 of the population paid a gross amount of tax. After tax offsets, 1,060 people actually paid a net amount of tax. There were 545 non-taxable people who paid net tax of $0.

Compare TaxStats of 2810 with NSW

2810 TaxStats FY2013%Ppl#Ppl2810
Avg
2810
Total
Total Individuals100%1,625
Income
Salary or Wage 61%990$39,028$38,637,542
Gross Interest66%1,075$2,402$2,581,791
Unfranked Dividends19%305$277$84,423
Franked Dividends42%675$3,893$2,627,575
Dividend Franking Credit42%675$1,655$1,116,863
Capital Gains5%80$8,431$674,495
Termination Payouts1%10$5,112$51,121
Tips/Directors Fees etc18%300$1,738$521,506
Business Income10%155$11,301$1,751,682
Foreign Income7%115$443$50,989
Government payments7%110$5,873$646,000
Government pensions10%160$9,629$1,540,646
Total Income or Loss100%1,625$42,216$68,601,058
Deducations
Charitable Gifts42%690$214$147,821
Cost of Tax Affairs41%660$277$182,946
Work Car expenses18%300$2,060$618,097
Work Travel expenses8%130$2,199$285,868
Self Education expenses4%60$1,950$116,973
Total Deductions76%1,240$3,286$4,074,301
Taxation
Taxable Income99%1,605$39,463$63,338,461
Medicare Levy 60%980$829$811,947
Medicare Surcharge 1%10$878$8,776
Gross Tax 77%1,245$8,670$10,794,319
Net Tax 65%1,060$9,740$10,324,594
Average Tax 100%1,625 $6,354$10,324,594
Gross Tax Rate 77%1,245 22%$10,794,319
Net Tax Rate 65%1,060 25%$10,324,594
Average Tax Rate 100%1,625 16%$10,324,594
%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 $39,463. It is estimated that the average taxable income for people who paid a net amount of tax was $53583.

The average net tax paid was $9,740. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 980 people for an average of $829. 10 people paid $878 on average more for the Medicare surcharge.

990 people earned a salary or wage and took home an average of $39,028 each.

Government allowance and payments were collected by 110 people for on average $5,873. 160 people received the pension or other allowance.

Charitable gifts and donations of an average of $214 were made by 690 people.

The costs of tax affairs for 660 people were claimed for $277 each.