TaxStats for postcode 2821 FY2013

Postcode 2821 includes Burroway, Narromine, Wyanga in New South Wales, and is in the federal electorate of Parkes.

In FY 2013 the ATO recorded 2,565 individuals in postcode 2821. Of these people, 2,525 made a taxable income or loss. 1,955 of the population paid a gross amount of tax. After tax offsets, 1,760 people actually paid a net amount of tax. There were 765 non-taxable people who paid net tax of $0.

Compare TaxStats of 2821 with NSW

2821 TaxStats FY2013%Ppl#Ppl2821
Avg
2821
Total
Total Individuals100%2,565
Income
Salary or Wage 73%1,860$45,338$84,329,493
Gross Interest58%1,495$2,168$3,240,692
Unfranked Dividends11%280$1,036$290,155
Franked Dividends28%720$3,287$2,366,500
Dividend Franking Credit28%720$1,408$1,014,082
Capital Gains4%95$11,006$1,045,548
Termination Payouts1%35$2,583$90,413
Tips/Directors Fees etc22%575$2,319$1,333,437
Business Income10%245$28,676$7,025,576
Foreign Income4%100$403$40,270
Government payments8%195$5,697$1,110,852
Government pensions8%215$10,029$2,156,304
Total Income or Loss100%2,560$44,636$114,269,282
Deducations
Charitable Gifts24%620$293$181,546
Cost of Tax Affairs45%1,150$246$283,421
Work Car expenses20%520$1,974$1,026,272
Work Travel expenses9%220$3,045$669,899
Self Education expenses4%115$1,435$165,020
Total Deductions76%1,955$2,653$5,187,343
Taxation
Taxable Income98%2,525$41,475$104,725,095
Medicare Levy 66%1,685$850$1,432,903
Medicare Surcharge 1%25$1,173$29,335
Gross Tax 76%1,955$9,735$19,032,286
Net Tax 69%1,760$10,889$19,165,427
Average Tax 100%2,565 $7,472$19,165,427
Gross Tax Rate 76%1,955 23%$19,032,286
Net Tax Rate 69%1,760 26%$19,165,427
Average Tax Rate 100%2,565 18%$19,165,427
%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 $41,475. It is estimated that the average taxable income for people who paid a net amount of tax was $54287.

The average net tax paid was $10,889. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 1,685 people for an average of $850. 25 people paid $1,173 on average more for the Medicare surcharge.

1,860 people earned a salary or wage and took home an average of $45,338 each.

Government allowance and payments were collected by 195 people for on average $5,697. 215 people received the pension or other allowance.

Charitable gifts and donations of an average of $293 were made by 620 people.

The costs of tax affairs for 1,150 people were claimed for $246 each.