TaxStats for postcode 2877 FY2013

Postcode 2877 includes Bobadah, Boona Mount, Condobolin, Derriwong, Eremerang, Euabalong, Euabalong West, Kiacatoo, Milby, Mount Hope, Mulguthrie in New South Wales, and is in the federal electorate of Parkes.

In FY 2013 the ATO recorded 2,060 individuals in postcode 2877. Of these people, 2,020 made a taxable income or loss. 1,600 of the population paid a gross amount of tax. After tax offsets, 1,415 people actually paid a net amount of tax. There were 605 non-taxable people who paid net tax of $0.

Compare TaxStats of 2877 with NSW

2877 TaxStats FY2013%Ppl#Ppl2877
Avg
2877
Total
Total Individuals100%2,060
Income
Salary or Wage 71%1,460$43,025$62,816,525
Gross Interest53%1,085$2,233$2,423,072
Unfranked Dividends11%220$411$90,410
Franked Dividends27%560$4,131$2,313,234
Dividend Franking Credit27%555$1,785$990,812
Capital Gains3%70$6,202$434,173
Termination Payouts1%20$12,631$252,627
Tips/Directors Fees etc18%380$2,100$798,016
Business Income9%190$16,066$3,052,635
Foreign Income4%85$251$21,368
Government payments8%155$4,963$769,307
Government pensions8%160$9,777$1,564,340
Total Income or Loss100%2,060$44,278$91,211,761
Deducations
Charitable Gifts25%505$263$132,573
Cost of Tax Affairs50%1,030$299$307,783
Work Car expenses20%410$2,231$914,788
Work Travel expenses7%150$1,862$279,236
Self Education expenses4%80$1,718$137,452
Total Deductions77%1,585$2,840$4,501,321
Taxation
Taxable Income98%2,020$41,717$84,267,550
Medicare Levy 64%1,315$840$1,104,370
Medicare Surcharge 1%25$1,271$31,778
Gross Tax 78%1,600$9,179$14,685,750
Net Tax 69%1,415$10,085$14,269,728
Average Tax 100%2,060 $6,927$14,269,728
Gross Tax Rate 78%1,600 22%$14,685,750
Net Tax Rate 69%1,415 24%$14,269,728
Average Tax Rate 100%2,060 17%$14,269,728
%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 $41,717. It is estimated that the average taxable income for people who paid a net amount of tax was $54422.

The average net tax paid was $10,085. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 1,315 people for an average of $840. 25 people paid $1,271 on average more for the Medicare surcharge.

1,460 people earned a salary or wage and took home an average of $43,025 each.

Government allowance and payments were collected by 155 people for on average $4,963. 160 people received the pension or other allowance.

Charitable gifts and donations of an average of $263 were made by 505 people.

The costs of tax affairs for 1,030 people were claimed for $299 each.