TaxStats for postcode 2870 FY2013

Postcode 2870 includes Alectown, Beargamil, Bindogundra, Brolgan, Bumberry, Cookamidgera, Cooks Myalls, Daroobalgie, Goobang, Goonumbla, Kadina, Mandagery, Mickibri, Mugincoble, Nanardine, Parkes, Parkesborough, Shallow Rush, Tichborne in New South Wales, and is in the federal electorate of Calare.

In FY 2013 the ATO recorded 6,165 individuals in postcode 2870. Of these people, 6,130 made a taxable income or loss. 4,900 of the population paid a gross amount of tax. After tax offsets, 4,440 people actually paid a net amount of tax. There were 1,690 non-taxable people who paid net tax of $0.

Compare TaxStats of 2870 with NSW

2870 TaxStats FY2013%Ppl#Ppl2870
Avg
2870
Total
Total Individuals100%6,165
Income
Salary or Wage 80%4,930$50,669$249,796,952
Gross Interest59%3,610$1,764$6,368,259
Unfranked Dividends9%575$419$241,182
Franked Dividends27%1,640$4,006$6,570,243
Dividend Franking Credit27%1,640$1,718$2,817,786
Capital Gains4%235$8,267$1,942,734
Termination Payouts2%95$12,420$1,179,895
Tips/Directors Fees etc24%1,455$1,930$2,808,427
Business Income8%485$14,108$6,842,247
Foreign Income4%245$345$84,558
Government payments8%515$5,107$2,630,220
Government pensions6%400$9,387$3,754,896
Total Income or Loss100%6,150$50,265$309,129,329
Deducations
Charitable Gifts34%2,105$297$625,748
Cost of Tax Affairs53%3,270$254$830,006
Work Car expenses24%1,495$2,215$3,311,737
Work Travel expenses10%610$2,101$1,281,637
Self Education expenses5%320$1,837$587,800
Total Deductions82%5,080$2,681$13,621,578
Taxation
Taxable Income99%6,130$47,918$293,740,038
Medicare Levy 68%4,210$931$3,918,965
Medicare Surcharge 2%100$1,152$115,166
Gross Tax 79%4,900$11,399$55,853,048
Net Tax 72%4,440$12,795$56,810,956
Average Tax 100%6,165 $9,215$56,810,956
Gross Tax Rate 79%4,900 24%$55,853,048
Net Tax Rate 72%4,440 27%$56,810,956
Average Tax Rate 100%6,165 19%$56,810,956
%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 $47,918. It is estimated that the average taxable income for people who paid a net amount of tax was $61590.

The average net tax paid was $12,795. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 4,210 people for an average of $931. 100 people paid $1,152 on average more for the Medicare surcharge.

4,930 people earned a salary or wage and took home an average of $50,669 each.

Government allowance and payments were collected by 515 people for on average $5,107. 400 people received the pension or other allowance.

Charitable gifts and donations of an average of $297 were made by 2,105 people.

The costs of tax affairs for 3,270 people were claimed for $254 each.