TaxStats for postcode 2850 FY2013

Postcode 2850 includes Aarons Pass, Apple Tree Flat, Apple Tree Flat, Avisford, Avisford, Bara, Bara, Barigan, Barigan, Ben Buckley, Ben Buckley, Bocoble, Bocoble, Bombira, Bombira, Botobolar, Botobolar, Buckaroo, Buckaroo, Budgee Budgee, Budgee Budgee, Burrundulla, Burrundulla, Caerleon, Caerleon, Canadian Lead, Canadian Lead, Carcalgong, Carcalgong, Collingwood, Collingwood, Cooks Gap, Cooks Gap, Cooyal, Cooyal, Cross Roads, Cudgegong, Cudgegong, Cullenbone, Cullenbone, Cumbo, Cumbo, Erudgere, Erudgere, Eurunderee, Eurunderee, Frog Rock, Frog Rock, Galambine, Galambine, Glen Ayr, Glen Ayr, Grattai, Grattai, Green Gully, Green Gully, Gulgamree, Hargraves, Hargraves, Havilah, Havilah, Hayes Gap, Hayes Gap, Hill End, Home Rule, Home Rule, Ilford, Kains Flat, Kains Flat, Linburn, Linburn, Long Creek, Lue, Lue, Maitland Bar, Maitland Bar, Menah, Menah, Meroo, Meroo, Millsville, Milroy, Milroy, Mogo, Monivae, Monivae, Moolarben, Moolarben, Mount Frome, Mount Frome, Mount Knowles, Mount Knowles, Mudgee, Mudgee, Mullamuddy, Mullamuddy, Munghorn, Munghorn, Murragamba, Piambong, Piambong, Putta Bucca, Putta Bucca, Pyramul, Queens Pinch, Queens Pinch, Riverlea, Riverlea, Running Stream, Sallys Flat, Spring Flat, Spring Flat, St Fillans, St Fillans, Stony Creek, Tambaroora, Tambaroora, Tichular, Tichular, Totnes Valley, Totnes Valley, Triamble, Triamble, Turill, Turill, Twelve Mile, Twelve Mile, Ulan, Ulan, Ullamalla, Ullamalla, Wilbetree, Wilbetree, Wilpinjong, Wilpinjong, Windeyer, Windeyer, Wollar, Wollar, Worlds End, Worlds End, Yarrabin, Yarrabin, Yarrawonga, Yarrawonga in New South Wales, and is in the federal electorate of Parkes.

In FY 2013 the ATO recorded 9,190 individuals in postcode 2850. Of these people, 9,095 made a taxable income or loss. 7,065 of the population paid a gross amount of tax. After tax offsets, 6,375 people actually paid a net amount of tax. There were 2,720 non-taxable people who paid net tax of $0.

Compare TaxStats of 2850 with NSW

2850 TaxStats FY2013%Ppl#Ppl2850
Total Individuals100%9,190
Salary or Wage 78%7,125$56,550$402,917,245
Gross Interest59%5,455$2,051$11,189,028
Unfranked Dividends9%850$664$563,989
Franked Dividends28%2,600$5,652$14,696,203
Dividend Franking Credit28%2,595$2,427$6,297,936
Capital Gains5%420$12,144$5,100,381
Termination Payouts2%170$12,610$2,143,646
Tips/Directors Fees etc19%1,750$2,817$4,929,127
Business Income10%950$12,349$11,731,380
Foreign Income4%405$2,061$834,706
Government payments8%700$5,265$3,685,327
Government pensions7%645$9,617$6,203,024
Total Income or Loss100%9,165$54,630$500,682,315
Charitable Gifts27%2,450$313$767,486
Cost of Tax Affairs47%4,360$338$1,473,311
Work Car expenses24%2,240$2,387$5,346,009
Work Travel expenses6%555$2,149$1,192,761
Self Education expenses5%500$1,804$902,158
Total Deductions81%7,415$2,696$19,990,264
Taxable Income99%9,095$52,583$478,245,379
Medicare Levy 66%6,065$1,067$6,470,740
Medicare Surcharge 2%215$1,263$271,457
Gross Tax 77%7,065$14,334$101,272,836
Net Tax 69%6,375$16,269$103,713,778
Average Tax 100%9,190 $11,286$103,713,778
Gross Tax Rate 77%7,065 27%$101,272,836
Net Tax Rate 69%6,375 31%$103,713,778
Average Tax Rate 100%9,190 21%$103,713,778
%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 $52,583. It is estimated that the average taxable income for people who paid a net amount of tax was $69899.

The average net tax paid was $16,269. This equates to an average tax of 31 cents in the dollar on taxable income.

The Medicare levy was paid by 6,065 people for an average of $1,067. 215 people paid $1,263 on average more for the Medicare surcharge.

7,125 people earned a salary or wage and took home an average of $56,550 each.

Government allowance and payments were collected by 700 people for on average $5,265. 645 people received the pension or other allowance.

Charitable gifts and donations of an average of $313 were made by 2,450 people.

The costs of tax affairs for 4,360 people were claimed for $338 each.