TaxStats for postcode 2875 FY2013

Postcode 2875 includes Bruie Plains, Fifield, Fifield, Ootha, Ootha, The Troffs, Trundle, Trundle, Yarrabandai in New South Wales, and is in the federal electorate of Calare.

In FY 2013 the ATO recorded 485 individuals in postcode 2875. Of these people, 475 made a taxable income or loss. 340 of the population paid a gross amount of tax. After tax offsets, 290 people actually paid a net amount of tax. There were 185 non-taxable people who paid net tax of $0.

Compare TaxStats of 2875 with NSW

2875 TaxStats FY2013%Ppl#Ppl2875
Total Individuals100%485
Salary or Wage 61%295$37,833$11,160,687
Gross Interest58%280$2,752$770,451
Unfranked Dividends16%80$507$40,523
Franked Dividends35%170$4,694$797,948
Dividend Franking Credit35%170$2,012$341,955
Capital Gains2%10$7,708$77,075
Termination Payouts1%5$4,530$22,650
Tips/Directors Fees etc22%105$2,324$244,071
Business Income16%80$12,093$967,439
Foreign Income6%30$3,795$113,841
Government payments11%55$6,411$352,579
Government pensions9%45$8,280$372,610
Total Income or Loss100%485$35,982$17,451,048
Charitable Gifts19%90$240$21,575
Cost of Tax Affairs37%180$340$61,260
Work Car expenses20%95$2,552$242,443
Work Travel expenses9%45$1,052$47,347
Self Education expenses4%20$1,083$21,653
Total Deductions67%325$3,460$1,124,354
Taxable Income98%475$33,952$16,127,122
Medicare Levy 55%265$748$198,209
Medicare Surcharge 1%5$1,359$6,797
Gross Tax 70%340$7,873$2,676,977
Net Tax 60%290$8,789$2,548,736
Average Tax 100%485 $5,255$2,548,736
Gross Tax Rate 70%340 23%$2,676,977
Net Tax Rate 60%290 26%$2,548,736
Average Tax Rate 100%485 15%$2,548,736
%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 $33,952. It is estimated that the average taxable income for people who paid a net amount of tax was $47956.

The average net tax paid was $8,789. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 265 people for an average of $748. 5 people paid $1,359 on average more for the Medicare surcharge.

295 people earned a salary or wage and took home an average of $37,833 each.

Government allowance and payments were collected by 55 people for on average $6,411. 45 people received the pension or other allowance.

Charitable gifts and donations of an average of $240 were made by 90 people.

The costs of tax affairs for 180 people were claimed for $340 each.