TaxStats for postcode 5222 FY2013

Postcode 5222 includes American Beach, Antechamber Bay, Baudin Beach, Brown Beach, Browns Beach, Cuttlefish Bay, Dudley East, Dudley West, Hungerford, Ironstone, Island Beach, Kangaroo Head, Pelican Lagoon, Penneshaw, Porky Flat, Sapphiretown, Willoughby, Willson River in South Australia, and is in the federal electorate of Mayo.

In FY 2013 the ATO recorded 390 individuals in postcode 5222. Of these people, 385 made a taxable income or loss. 280 of the population paid a gross amount of tax. After tax offsets, 230 people actually paid a net amount of tax. There were 155 non-taxable people who paid net tax of $0.

Compare TaxStats of 5222 with SA

5222 TaxStats FY2013%Ppl#Ppl5222
Avg
5222
Total
Total Individuals100%390
Income
Salary or Wage 63%245$33,350$8,170,721
Gross Interest59%230$2,484$571,425
Unfranked Dividends15%60$730$43,814
Franked Dividends27%105$12,218$1,282,924
Dividend Franking Credit27%105$5,251$551,379
Capital Gains9%35$13,993$489,742
Termination Payouts1%5$319$1,593
Tips/Directors Fees etc14%55$2,021$111,137
Business Income17%65$10,037$652,405
Foreign Income6%25$338$8,460
Government payments8%30$8,176$245,276
Government pensions12%45$9,633$433,478
Total Income or Loss99%385$40,194$15,474,868
Deducations
Charitable Gifts22%85$1,310$111,357
Cost of Tax Affairs50%195$355$69,285
Work Car expenses13%50$1,763$88,138
Work Travel expenses6%25$1,889$47,228
Self Education expenses1%5$1,000$5,001
Total Deductions74%290$3,167$918,534
Taxation
Taxable Income99%385$37,683$14,507,848
Medicare Levy 56%220$803$176,722
Medicare Surcharge 1%5$838$4,188
Gross Tax 72%280$8,399$2,351,852
Net Tax 59%230$9,830$2,260,807
Average Tax 100%390 $5,797$2,260,807
Gross Tax Rate 72%280 22%$2,351,852
Net Tax Rate 59%230 26%$2,260,807
Average Tax Rate 100%390 15%$2,260,807
%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 $37,683. It is estimated that the average taxable income for people who paid a net amount of tax was $54991.

The average net tax paid was $9,830. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 220 people for an average of $803. 5 people paid $838 on average more for the Medicare surcharge.

245 people earned a salary or wage and took home an average of $33,350 each.

Government allowance and payments were collected by 30 people for on average $8,176. 45 people received the pension or other allowance.

Charitable gifts and donations of an average of $1,310 were made by 85 people.

The costs of tax affairs for 195 people were claimed for $355 each.