TaxStats for postcode 2823 FY2013

Postcode 2823 includes Bundemar, Cathundral, Dandaloo, Gin Gin, Trangie in New South Wales, and is in the federal electorate of Parkes.

In FY 2013 the ATO recorded 760 individuals in postcode 2823. Of these people, 735 made a taxable income or loss. 575 of the population paid a gross amount of tax. After tax offsets, 515 people actually paid a net amount of tax. There were 220 non-taxable people who paid net tax of $0.

Compare TaxStats of 2823 with NSW

2823 TaxStats FY2013%Ppl#Ppl2823
Total Individuals100%760
Salary or Wage 69%525$41,001$21,525,328
Gross Interest59%445$2,472$1,099,964
Unfranked Dividends14%110$393$43,275
Franked Dividends35%265$5,757$1,525,492
Dividend Franking Credit35%265$2,467$653,649
Capital Gains5%40$2,982$119,293
Termination Payouts2%15$2,978$44,670
Tips/Directors Fees etc20%155$2,808$435,317
Business Income8%60$20,965$1,257,875
Foreign Income7%50$554$27,704
Government payments8%60$6,452$387,108
Government pensions7%55$8,209$451,477
Total Income or Loss99%755$46,082$34,792,006
Charitable Gifts13%100$749$74,914
Cost of Tax Affairs45%345$233$80,264
Work Car expenses14%110$1,957$215,285
Work Travel expenses9%70$2,473$173,121
Self Education expenses3%20$1,622$32,448
Total Deductions74%565$2,990$1,689,240
Taxable Income97%735$42,856$31,499,429
Medicare Levy 64%485$883$428,248
Medicare Surcharge 1%5$1,259$6,297
Gross Tax 76%575$10,079$5,795,393
Net Tax 68%515$11,224$5,780,272
Average Tax 100%760 $7,606$5,780,272
Gross Tax Rate 76%575 24%$5,795,393
Net Tax Rate 68%515 26%$5,780,272
Average Tax Rate 100%760 18%$5,780,272
%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 $42,856. It is estimated that the average taxable income for people who paid a net amount of tax was $56038.

The average net tax paid was $11,224. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 485 people for an average of $883. 5 people paid $1,259 on average more for the Medicare surcharge.

525 people earned a salary or wage and took home an average of $41,001 each.

Government allowance and payments were collected by 60 people for on average $6,452. 55 people received the pension or other allowance.

Charitable gifts and donations of an average of $749 were made by 100 people.

The costs of tax affairs for 345 people were claimed for $233 each.