TaxStats for postcode 2829 FY2013

Postcode 2829 includes Billeroy, Combara, Conimbia, Coonamble, Gilgooma, Gungalman, Magometon, Nebea, Pine Grove, Teridgerie, Tooloon, Urawilkie, Wingadee in New South Wales, and is in the federal electorate of Parkes.

In FY 2013 the ATO recorded 1,550 individuals in postcode 2829. Of these people, 1,515 made a taxable income or loss. 1,190 of the population paid a gross amount of tax. After tax offsets, 1,055 people actually paid a net amount of tax. There were 460 non-taxable people who paid net tax of $0.

Compare TaxStats of 2829 with NSW

2829 TaxStats FY2013%Ppl#Ppl2829
Avg
2829
Total
Total Individuals100%1,550
Income
Salary or Wage 72%1,120$41,666$46,666,436
Gross Interest59%920$2,283$2,100,111
Unfranked Dividends13%205$433$88,681
Franked Dividends29%445$7,562$3,365,024
Dividend Franking Credit29%445$3,240$1,441,704
Capital Gains4%55$7,283$400,581
Termination Payouts1%15$3,966$59,491
Tips/Directors Fees etc18%280$1,278$357,747
Business Income11%170$7,579$1,288,359
Foreign Income5%75$277$20,758
Government payments9%145$6,330$917,818
Government pensions6%95$10,226$971,473
Total Income or Loss100%1,550$46,030$71,346,090
Deducations
Charitable Gifts17%260$1,329$345,625
Cost of Tax Affairs35%545$384$209,055
Work Car expenses18%285$2,365$674,033
Work Travel expenses5%85$1,998$169,833
Self Education expenses3%40$1,535$61,398
Total Deductions76%1,180$2,917$3,442,177
Taxation
Taxable Income98%1,515$42,367$64,185,562
Medicare Levy 64%995$881$876,830
Medicare Surcharge 1%20$1,673$33,454
Gross Tax 77%1,190$10,298$12,254,157
Net Tax 68%1,055$11,700$12,343,874
Average Tax 100%1,550 $7,964$12,343,874
Gross Tax Rate 77%1,190 24%$12,254,157
Net Tax Rate 68%1,055 28%$12,343,874
Average Tax Rate 100%1,550 19%$12,343,874
%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 $42,367. It is estimated that the average taxable income for people who paid a net amount of tax was $55607.

The average net tax paid was $11,700. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 995 people for an average of $881. 20 people paid $1,673 on average more for the Medicare surcharge.

1,120 people earned a salary or wage and took home an average of $41,666 each.

Government allowance and payments were collected by 145 people for on average $6,330. 95 people received the pension or other allowance.

Charitable gifts and donations of an average of $1,329 were made by 260 people.

The costs of tax affairs for 545 people were claimed for $384 each.