TaxStats for postcode 2820 FY2013

Postcode 2820 includes Apsley, Arthurville, Bakers Swamp, Bodangora, Comobella, Curra Creek, Dripstone, Farnham, Gollan, Lake Burrendong, Maryvale, Medway, Montefiores, Mookerawa, Mount Aquila, Mount Arthur, Mumbil, Nanima, Neurea, Spicers Creek, Stuart Town, Suntop, Walmer, Wellington, Wuuluman, Yarragal in New South Wales, and is in the federal electorate of Parkes.

In FY 2013 the ATO recorded 3,115 individuals in postcode 2820. Of these people, 3,070 made a taxable income or loss. 2,355 of the population paid a gross amount of tax. After tax offsets, 2,080 people actually paid a net amount of tax. There were 990 non-taxable people who paid net tax of $0.

Compare TaxStats of 2820 with NSW

2820 TaxStats FY2013%Ppl#Ppl2820
Avg
2820
Total
Total Individuals100%3,115
Income
Salary or Wage 75%2,325$44,305$103,008,931
Gross Interest51%1,595$2,093$3,339,044
Unfranked Dividends10%315$494$155,681
Franked Dividends26%795$4,674$3,715,824
Dividend Franking Credit26%795$1,986$1,578,586
Capital Gains4%110$7,487$823,534
Termination Payouts1%35$8,369$292,931
Tips/Directors Fees etc25%775$2,218$1,718,916
Business Income9%285$9,151$2,608,163
Foreign Income4%115$383$44,065
Government payments10%320$6,134$1,962,884
Government pensions10%300$10,745$3,223,557
Total Income or Loss100%3,100$42,237$130,935,298
Deducations
Charitable Gifts34%1,065$250$266,503
Cost of Tax Affairs47%1,470$238$349,360
Work Car expenses22%690$1,946$1,342,721
Work Travel expenses7%225$3,014$678,204
Self Education expenses3%95$1,876$178,223
Total Deductions77%2,385$2,400$5,723,667
Taxation
Taxable Income99%3,070$40,491$124,307,005
Medicare Levy 63%1,955$830$1,623,143
Medicare Surcharge 1%35$1,070$37,460
Gross Tax 76%2,355$9,149$21,545,268
Net Tax 67%2,080$10,393$21,618,380
Average Tax 100%3,115 $6,940$21,618,380
Gross Tax Rate 76%2,355 23%$21,545,268
Net Tax Rate 67%2,080 26%$21,618,380
Average Tax Rate 100%3,115 17%$21,618,380
%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 $40,491. It is estimated that the average taxable income for people who paid a net amount of tax was $54051.

The average net tax paid was $10,393. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 1,955 people for an average of $830. 35 people paid $1,070 on average more for the Medicare surcharge.

2,325 people earned a salary or wage and took home an average of $44,305 each.

Government allowance and payments were collected by 320 people for on average $6,134. 300 people received the pension or other allowance.

Charitable gifts and donations of an average of $250 were made by 1,065 people.

The costs of tax affairs for 1,470 people were claimed for $238 each.