TaxStats for postcode 0850 FY2013

Postcode 0850 includes Cossack, Emungalan, Katherine, Katherine, Katherine East, Katherine South, Lansdowne in Northern Territory, and is in the federal electorate of Lingiari.

In FY 2013 the ATO recorded 3,295 individuals in postcode 0850. Of these people, 3,290 made a taxable income or loss. 2,845 of the population paid a gross amount of tax. After tax offsets, 2,675 people actually paid a net amount of tax. There were 615 non-taxable people who paid net tax of $0.

Compare TaxStats of 0850 with NT

0850 TaxStats FY2013%Ppl#Ppl0850
Avg
0850
Total
Total Individuals100%3,295
Income
Salary or Wage 93%3,065$53,232$163,155,730
Gross Interest43%1,420$918$1,303,946
Unfranked Dividends5%165$597$98,436
Franked Dividends13%415$6,646$2,758,079
Dividend Franking Credit13%415$2,848$1,181,892
Capital Gains2%60$10,064$603,836
Termination Payouts1%40$6,416$256,623
Tips/Directors Fees etc22%715$1,800$1,286,968
Business Income6%195$14,833$2,892,457
Foreign Income2%50$873$43,643
Government payments7%240$4,963$1,191,227
Government pensions4%120$8,981$1,077,778
Total Income or Loss100%3,290$56,337$185,349,706
Deducations
Charitable Gifts28%935$307$287,232
Cost of Tax Affairs51%1,685$289$486,202
Work Car expenses25%830$1,931$1,602,606
Work Travel expenses8%260$1,959$509,434
Self Education expenses5%175$1,916$335,235
Total Deductions88%2,895$2,136$6,182,947
Taxation
Taxable Income100%3,290$54,440$179,106,289
Medicare Levy 75%2,460$955$2,350,524
Medicare Surcharge 3%85$1,156$98,263
Gross Tax 86%2,845$12,450$35,419,697
Net Tax 81%2,675$13,179$35,254,062
Average Tax 100%3,295 $10,699$35,254,062
Gross Tax Rate 86%2,845 23%$35,419,697
Net Tax Rate 81%2,675 24%$35,254,062
Average Tax Rate 100%3,295 20%$35,254,062
%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 $54,440. It is estimated that the average taxable income for people who paid a net amount of tax was $64197.

The average net tax paid was $13,179. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 2,460 people for an average of $955. 85 people paid $1,156 on average more for the Medicare surcharge.

3,065 people earned a salary or wage and took home an average of $53,232 each.

Government allowance and payments were collected by 240 people for on average $4,963. 120 people received the pension or other allowance.

Charitable gifts and donations of an average of $307 were made by 935 people.

The costs of tax affairs for 1,685 people were claimed for $289 each.