TaxStats for postcode 2840 FY2013

Postcode 2840 includes Barringun, Bourke, Enngonia, Fords Bridge, Gumbalie, Gunderbooka, Hungerford, Louth, North Bourke, Tilpa, Urisino, Wanaaring, Yantabulla in New South Wales, and is in the federal electorate of Parkes.

In FY 2013 the ATO recorded 1,425 individuals in postcode 2840. Of these people, 1,400 made a taxable income or loss. 1,085 of the population paid a gross amount of tax. After tax offsets, 1,000 people actually paid a net amount of tax. There were 400 non-taxable people who paid net tax of $0.

Compare TaxStats of 2840 with NSW

2840 TaxStats FY2013%Ppl#Ppl2840
Total Individuals100%1,425
Salary or Wage 78%1,115$46,010$51,300,958
Gross Interest53%760$1,593$1,210,438
Unfranked Dividends7%100$202$20,241
Franked Dividends19%275$2,501$687,793
Dividend Franking Credit19%275$1,072$294,758
Capital Gains2%25$4,635$115,885
Termination Payouts1%20$5,186$103,711
Tips/Directors Fees etc25%350$2,169$759,288
Business Income12%175$2,333$408,318
Foreign Income1%20$171$3,417
Government payments8%115$6,232$716,627
Government pensions6%85$10,548$896,590
Total Income or Loss100%1,420$42,375$60,172,831
Charitable Gifts17%240$321$77,151
Cost of Tax Affairs49%705$335$236,034
Work Car expenses18%255$1,992$507,996
Work Travel expenses9%130$2,456$319,256
Self Education expenses4%55$1,651$90,831
Total Deductions79%1,120$2,162$2,421,915
Taxable Income98%1,400$40,797$57,116,061
Medicare Levy 67%950$837$795,402
Medicare Surcharge 1%20$1,205$24,106
Gross Tax 76%1,085$9,483$10,289,457
Net Tax 70%1,000$10,376$10,375,721
Average Tax 100%1,425 $7,281$10,375,721
Gross Tax Rate 76%1,085 23%$10,289,457
Net Tax Rate 70%1,000 25%$10,375,721
Average Tax Rate 100%1,425 18%$10,375,721
%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 $40,797. It is estimated that the average taxable income for people who paid a net amount of tax was $52316.

The average net tax paid was $10,376. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 950 people for an average of $837. 20 people paid $1,205 on average more for the Medicare surcharge.

1,115 people earned a salary or wage and took home an average of $46,010 each.

Government allowance and payments were collected by 115 people for on average $6,232. 85 people received the pension or other allowance.

Charitable gifts and donations of an average of $321 were made by 240 people.

The costs of tax affairs for 705 people were claimed for $335 each.