TaxStats for postcode 2879 FY2013

Postcode 2879 includes Copi Hollow, Copi Hollow, Menindee, Menindee, Sunset Strip in New South Wales, and is in the federal electorate of Farrer.

In FY 2013 the ATO recorded 295 individuals in postcode 2879. Of these people, 285 made a taxable income or loss. 225 of the population paid a gross amount of tax. After tax offsets, 205 people actually paid a net amount of tax. There were 80 non-taxable people who paid net tax of $0.

Compare TaxStats of 2879 with NSW

2879 TaxStats FY2013%Ppl#Ppl2879
Avg
2879
Total
Total Individuals100%295
Income
Salary or Wage 78%230$47,226$10,861,938
Gross Interest44%130$2,146$279,004
Unfranked Dividends8%25$925$23,124
Franked Dividends15%45$8,166$367,465
Dividend Franking Credit15%45$3,497$157,347
Capital Gains3%10$1,575$15,754
Termination Payouts2%5$1,348$6,739
Tips/Directors Fees etc19%55$5,819$320,035
Business Income8%25$8,198$204,944
Foreign Income2%5$514$2,571
Government payments15%45$5,542$249,394
Government pensions7%20$7,095$141,908
Total Income or Loss98%290$48,178$13,971,551
Deducations
Charitable Gifts19%55$244$13,395
Cost of Tax Affairs51%150$360$53,978
Work Car expenses22%65$2,627$170,729
Work Travel expenses8%25$1,709$42,718
Self Education expenses2%5$4,505$22,525
Total Deductions76%225$2,830$636,729
Taxation
Taxable Income97%285$46,695$13,308,148
Medicare Levy 68%200$902$180,355
Medicare Surcharge 3%10$1,769$17,688
Gross Tax 76%225$10,821$2,434,635
Net Tax 69%205$11,996$2,459,192
Average Tax 100%295 $8,336$2,459,192
Gross Tax Rate 76%225 23%$2,434,635
Net Tax Rate 69%205 26%$2,459,192
Average Tax Rate 100%295 18%$2,459,192
%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 $46,695. It is estimated that the average taxable income for people who paid a net amount of tax was $60235.

The average net tax paid was $11,996. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 200 people for an average of $902. 10 people paid $1,769 on average more for the Medicare surcharge.

230 people earned a salary or wage and took home an average of $47,226 each.

Government allowance and payments were collected by 45 people for on average $5,542. 20 people received the pension or other allowance.

Charitable gifts and donations of an average of $244 were made by 55 people.

The costs of tax affairs for 150 people were claimed for $360 each.