TaxStats for postcode 2843 FY2013

Postcode 2843 includes Coolah in New South Wales, and is in the federal electorate of Parkes.

In FY 2013 the ATO recorded 685 individuals in postcode 2843. Of these people, 670 made a taxable income or loss. 465 of the population paid a gross amount of tax. After tax offsets, 405 people actually paid a net amount of tax. There were 265 non-taxable people who paid net tax of $0.

Compare TaxStats of 2843 with NSW

2843 TaxStats FY2013%Ppl#Ppl2843
Avg
2843
Total
Total Individuals100%685
Income
Salary or Wage 69%475$42,481$20,178,372
Gross Interest58%400$2,214$885,547
Unfranked Dividends11%75$2,018$151,378
Franked Dividends31%215$6,173$1,327,148
Dividend Franking Credit31%215$2,646$568,918
Capital Gains4%30$11,533$345,980
Termination Payouts1%5$21,016$105,082
Tips/Directors Fees etc28%190$1,587$301,580
Business Income14%95$-414$-39,373
Foreign Income6%40$358$14,308
Government payments9%65$4,974$323,324
Government pensions7%50$9,496$474,794
Total Income or Loss99%680$37,804$25,706,707
Deducations
Charitable Gifts16%110$294$32,338
Cost of Tax Affairs45%310$330$102,409
Work Car expenses23%155$2,914$451,602
Work Travel expenses8%55$1,962$107,897
Self Education expenses4%30$757$22,706
Total Deductions73%500$3,184$1,592,175
Taxation
Taxable Income98%670$35,533$23,806,820
Medicare Levy 55%380$848$322,120
Medicare Surcharge 1%5$1,230$6,150
Gross Tax 68%465$9,357$4,350,886
Net Tax 59%405$10,793$4,370,972
Average Tax 100%685 $6,381$4,370,972
Gross Tax Rate 68%465 26%$4,350,886
Net Tax Rate 59%405 30%$4,370,972
Average Tax Rate 100%685 18%$4,370,972
%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 $35,533. It is estimated that the average taxable income for people who paid a net amount of tax was $50930.

The average net tax paid was $10,793. This equates to an average tax of 30 cents in the dollar on taxable income.

The Medicare levy was paid by 380 people for an average of $848. 5 people paid $1,230 on average more for the Medicare surcharge.

475 people earned a salary or wage and took home an average of $42,481 each.

Government allowance and payments were collected by 65 people for on average $4,974. 50 people received the pension or other allowance.

Charitable gifts and donations of an average of $294 were made by 110 people.

The costs of tax affairs for 310 people were claimed for $330 each.