TaxStats for postcode 2867 FY2013

Postcode 2867 includes Baldry, Cumnock, Eurimbla, Eurimbula, Loombah, Yullundry in New South Wales, and is in the federal electorate of Calare.

In FY 2013 the ATO recorded 340 individuals in postcode 2867. Of these people, 330 made a taxable income or loss. 245 of the population paid a gross amount of tax. After tax offsets, 215 people actually paid a net amount of tax. There were 115 non-taxable people who paid net tax of $0.

Compare TaxStats of 2867 with NSW

2867 TaxStats FY2013%Ppl#Ppl2867
Avg
2867
Total
Total Individuals100%340
Income
Salary or Wage 69%235$36,507$8,579,059
Gross Interest60%205$2,544$521,576
Unfranked Dividends16%55$341$18,744
Franked Dividends34%115$3,530$405,934
Dividend Franking Credit32%110$1,581$173,910
Capital Gains6%20$27,203$544,067
Termination Payouts1%5$4,996$24,979
Tips/Directors Fees etc16%55$2,306$126,803
Business Income15%50$8,893$444,669
Foreign Income9%30$247$7,411
Government payments6%20$6,826$136,526
Government pensions7%25$8,446$211,158
Total Income or Loss99%335$40,213$13,471,407
Deducations
Charitable Gifts25%85$469$39,886
Cost of Tax Affairs46%155$261$40,400
Work Car expenses19%65$2,645$171,907
Work Travel expenses6%20$1,928$38,561
Self Education expenses3%10$1,623$16,233
Total Deductions78%265$3,579$948,380
Taxation
Taxable Income97%330$37,092$12,240,265
Medicare Levy 60%205$771$158,105
Medicare Surcharge 1%5$126$629
Gross Tax 72%245$8,367$2,049,870
Net Tax 63%215$9,372$2,014,891
Average Tax 100%340 $5,926$2,014,891
Gross Tax Rate 72%245 23%$2,049,870
Net Tax Rate 63%215 25%$2,014,891
Average Tax Rate 100%340 16%$2,014,891
%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 $37,092. It is estimated that the average taxable income for people who paid a net amount of tax was $50513.

The average net tax paid was $9,372. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 205 people for an average of $771. 5 people paid $126 on average more for the Medicare surcharge.

235 people earned a salary or wage and took home an average of $36,507 each.

Government allowance and payments were collected by 20 people for on average $6,826. 25 people received the pension or other allowance.

Charitable gifts and donations of an average of $469 were made by 85 people.

The costs of tax affairs for 155 people were claimed for $261 each.