TaxStats for postcode 2825 FY2013

Postcode 2825 includes Babinda, Buddabadah, Canonba, Canonba, Honeybugle, Miandetta, Miandetta, Mulla, Mullengudgery, Murrawombie, Nyngan, Nyngan, Pangee, Warrigal, Warrigal in New South Wales, and is in the federal electorate of Parkes.

In FY 2013 the ATO recorded 1,315 individuals in postcode 2825. Of these people, 1,305 made a taxable income or loss. 1,030 of the population paid a gross amount of tax. After tax offsets, 920 people actually paid a net amount of tax. There were 385 non-taxable people who paid net tax of $0.

Compare TaxStats of 2825 with NSW

2825 TaxStats FY2013%Ppl#Ppl2825
Avg
2825
Total
Total Individuals100%1,315
Income
Salary or Wage 74%975$49,039$47,812,688
Gross Interest57%755$2,904$2,192,708
Unfranked Dividends11%150$659$98,790
Franked Dividends29%375$6,305$2,364,389
Dividend Franking Credit28%370$2,738$1,013,211
Capital Gains3%40$13,811$552,448
Termination Payouts1%15$4,210$63,152
Tips/Directors Fees etc23%300$2,010$603,130
Business Income10%125$15,278$1,909,724
Foreign Income4%50$303$15,138
Government payments6%85$7,164$608,936
Government pensions6%75$10,719$803,895
Total Income or Loss100%1,315$50,012$65,765,903
Deducations
Charitable Gifts30%395$352$138,932
Cost of Tax Affairs47%620$343$212,826
Work Car expenses24%310$2,445$757,822
Work Travel expenses8%100$1,875$187,499
Self Education expenses6%75$1,965$147,345
Total Deductions80%1,055$3,286$3,466,815
Taxation
Taxable Income99%1,305$46,875$61,172,080
Medicare Levy 67%885$941$832,884
Medicare Surcharge 2%25$1,185$29,631
Gross Tax 78%1,030$11,714$12,065,343
Net Tax 70%920$13,040$11,996,599
Average Tax 100%1,315 $9,123$11,996,599
Gross Tax Rate 78%1,030 25%$12,065,343
Net Tax Rate 70%920 28%$11,996,599
Average Tax Rate 100%1,315 19%$11,996,599
%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 $46,875. It is estimated that the average taxable income for people who paid a net amount of tax was $61470.

The average net tax paid was $13,040. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 885 people for an average of $941. 25 people paid $1,185 on average more for the Medicare surcharge.

975 people earned a salary or wage and took home an average of $49,039 each.

Government allowance and payments were collected by 85 people for on average $7,164. 75 people received the pension or other allowance.

Charitable gifts and donations of an average of $352 were made by 395 people.

The costs of tax affairs for 620 people were claimed for $343 each.