TaxStats for postcode 2880 FY2013
Postcode 2880 includes Broken Hill, Broken Hill, Broken Hill North, Broken Hill North, Broken Hill West, Broken Hill West, Broughams Gate, Burns, Burns, Cameron Corner, Cameron Corner, Euriowie, Euriowie, Fowlers Gap, Kinalung, Kinalung, Little Topar, Milparinka, Mount Gipps, Mount Gipps, Mutawintji, Packsaddle, Silverton, South Broken Hill, South Broken Hill, Stephens Creek, Stephens Creek, Tibooburra in New South Wales, and is in the federal electorate of Farrer.
In FY 2013 the ATO recorded 8,875 individuals in postcode 2880. Of these people, 8,840 made a taxable income or loss. 7,250 of the population paid a gross amount of tax. After tax offsets, 6,645 people actually paid a net amount of tax. There were 2,195 non-taxable people who paid net tax of $0.
Compare TaxStats of 2880 with NSW
| 2880 TaxStats FY2013 | %Ppl | #Ppl | 2880 Avg | 2880 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 8,875 | ||
| Income | ||||
| Salary or Wage | 83% | 7,380 | $52,168 | $385,000,210 |
| Gross Interest | 49% | 4,375 | $1,687 | $7,379,024 |
| Unfranked Dividends | 9% | 760 | $267 | $202,739 |
| Franked Dividends | 19% | 1,665 | $5,778 | $9,620,009 |
| Dividend Franking Credit | 19% | 1,655 | $2,490 | $4,120,207 |
| Capital Gains | 3% | 270 | $6,285 | $1,696,930 |
| Termination Payouts | 1% | 110 | $8,449 | $929,402 |
| Tips/Directors Fees etc | 18% | 1,600 | $2,006 | $3,209,800 |
| Business Income | 7% | 580 | $16,752 | $9,716,361 |
| Foreign Income | 4% | 360 | $260 | $93,773 |
| Government payments | 9% | 830 | $5,657 | $4,695,393 |
| Government pensions | 7% | 615 | $9,740 | $5,990,061 |
| Total Income or Loss | 100% | 8,850 | $51,809 | $458,507,588 |
| Deducations | ||||
| Charitable Gifts | 24% | 2,140 | $275 | $589,331 |
| Cost of Tax Affairs | 51% | 4,565 | $231 | $1,055,464 |
| Work Car expenses | 17% | 1,480 | $2,026 | $2,998,391 |
| Work Travel expenses | 6% | 505 | $2,737 | $1,382,202 |
| Self Education expenses | 4% | 395 | $1,707 | $674,396 |
| Total Deductions | 85% | 7,570 | $2,028 | $15,354,166 |
| Taxation | ||||
| Taxable Income | 100% | 8,840 | $50,039 | $442,341,371 |
| Medicare Levy | 72% | 6,395 | $940 | $6,009,383 |
| Medicare Surcharge | 2% | 150 | $1,272 | $190,753 |
| Gross Tax | 82% | 7,250 | $11,685 | $84,718,412 |
| Net Tax | 75% | 6,645 | $12,866 | $85,497,065 |
| Average Tax | 100% | 8,875 | $9,633 | $85,497,065 |
| Gross Tax Rate | 82% | 7,250 | 23% | $84,718,412 |
| Net Tax Rate | 75% | 6,645 | 26% | $85,497,065 |
| Average Tax Rate | 100% | 8,875 | 19% | $85,497,065 |
| %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 $50,039. It is estimated that the average taxable income for people who paid a net amount of tax was $62604.
The average net tax paid was $12,866. This equates to an average tax of 26 cents in the dollar on taxable income.
The Medicare levy was paid by 6,395 people for an average of $940. 150 people paid $1,272 on average more for the Medicare surcharge.
7,380 people earned a salary or wage and took home an average of $52,168 each.
Government allowance and payments were collected by 830 people for on average $5,657. 615 people received the pension or other allowance.
Charitable gifts and donations of an average of $275 were made by 2,140 people.
The costs of tax affairs for 4,565 people were claimed for $231 each.