TaxStats for postcode 2871 FY2013

Postcode 2871 includes Bandon, Bedgerebong, Bedgerebong, Bundaburrah, Calarie, Calarie, Carrawabbity, Carrawabbity, Corinella, Corinella, Cumbijowa, Cumbijowa, Fairholme, Fairholme, Forbes, Forbes, Garema, Grawlin, Gunning Gap, Gunning Gap, Jemalong, Jemalong, Mulyandry, Ooma, Warroo, Warroo, Weelong, Weelong, Wirrinya, Wirrinya, Yarragong, Yarragong in New South Wales, and is in the federal electorate of Calare.

In FY 2013 the ATO recorded 4,595 individuals in postcode 2871. Of these people, 4,545 made a taxable income or loss. 3,550 of the population paid a gross amount of tax. After tax offsets, 3,160 people actually paid a net amount of tax. There were 1,385 non-taxable people who paid net tax of $0.

Compare TaxStats of 2871 with NSW

2871 TaxStats FY2013%Ppl#Ppl2871
Avg
2871
Total
Total Individuals100%4,595
Income
Salary or Wage 73%3,365$44,213$148,776,882
Gross Interest60%2,745$2,396$6,576,813
Unfranked Dividends11%525$385$202,003
Franked Dividends31%1,420$5,284$7,503,268
Dividend Franking Credit31%1,410$2,277$3,211,226
Capital Gains5%215$8,510$1,829,753
Termination Payouts1%45$7,814$351,650
Tips/Directors Fees etc19%895$2,415$2,160,982
Business Income10%445$14,589$6,491,959
Foreign Income5%235$1,299$305,338
Government payments8%390$5,363$2,091,501
Government pensions8%350$9,184$3,214,264
Total Income or Loss100%4,590$44,775$205,515,856
Deducations
Charitable Gifts26%1,200$269$323,375
Cost of Tax Affairs49%2,260$297$670,248
Work Car expenses23%1,035$2,256$2,334,892
Work Travel expenses6%295$2,987$881,240
Self Education expenses5%210$1,823$382,928
Total Deductions79%3,650$2,877$10,501,696
Taxation
Taxable Income99%4,545$42,319$192,339,529
Medicare Levy 66%3,010$858$2,582,665
Medicare Surcharge 2%70$1,361$95,253
Gross Tax 77%3,550$9,760$34,648,102
Net Tax 69%3,160$11,064$34,963,768
Average Tax 100%4,595 $7,609$34,963,768
Gross Tax Rate 77%3,550 23%$34,648,102
Net Tax Rate 69%3,160 26%$34,963,768
Average Tax Rate 100%4,595 18%$34,963,768
%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 $42,319. It is estimated that the average taxable income for people who paid a net amount of tax was $55607.

The average net tax paid was $11,064. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 3,010 people for an average of $858. 70 people paid $1,361 on average more for the Medicare surcharge.

3,365 people earned a salary or wage and took home an average of $44,213 each.

Government allowance and payments were collected by 390 people for on average $5,363. 350 people received the pension or other allowance.

Charitable gifts and donations of an average of $269 were made by 1,200 people.

The costs of tax affairs for 2,260 people were claimed for $297 each.