TaxStats for postcode 5223 FY2013

Postcode 5223 includes Bay Of Shoals, Birchmore, Brownlow Ki, Cape Borda, Cassini, Cygnet River, D'Estrees Bay, De Mole River, Duncan, Emu Bay, Flinders Chase, Gosse, Haines, Harriet River, Karatta, Kingscote, Kohinoor, Macgillivray, Menzies, Middle River, Nepean Bay, Newland, North Cape, Seal Bay, Seddon, Stokes Bay, Stun'Sail Boom, Vivonne Bay, Western River, Wisanger in South Australia, and is in the federal electorate of Mayo.

In FY 2013 the ATO recorded 2,065 individuals in postcode 5223. Of these people, 2,035 made a taxable income or loss. 1,465 of the population paid a gross amount of tax. After tax offsets, 1,280 people actually paid a net amount of tax. There were 755 non-taxable people who paid net tax of $0.

Compare TaxStats of 5223 with SA

5223 TaxStats FY2013%Ppl#Ppl5223
Total Individuals100%2,065
Salary or Wage 69%1,415$37,265$52,729,454
Gross Interest55%1,140$2,497$2,846,790
Unfranked Dividends11%220$384$84,448
Franked Dividends22%455$4,884$2,222,105
Dividend Franking Credit22%455$2,090$951,102
Capital Gains6%130$5,583$725,771
Termination Payouts0%10$3,074$30,736
Tips/Directors Fees etc12%250$1,894$473,554
Business Income15%305$10,470$3,193,396
Foreign Income6%130$1,712$222,497
Government payments8%155$6,129$949,942
Government pensions7%140$10,266$1,437,260
Total Income or Loss100%2,055$36,872$75,772,880
Charitable Gifts17%350$591$206,987
Cost of Tax Affairs46%945$274$259,273
Work Car expenses11%230$1,805$415,182
Work Travel expenses7%150$2,197$329,576
Self Education expenses2%40$1,498$59,909
Total Deductions75%1,555$2,025$3,148,466
Taxable Income99%2,035$35,424$72,087,865
Medicare Levy 58%1,205$758$913,630
Medicare Surcharge 1%20$1,151$23,028
Gross Tax 71%1,465$7,853$11,505,346
Net Tax 62%1,280$8,886$11,374,617
Average Tax 100%2,065 $5,508$11,374,617
Gross Tax Rate 71%1,465 22%$11,505,346
Net Tax Rate 62%1,280 25%$11,374,617
Average Tax Rate 100%2,065 16%$11,374,617
%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 $35,424. It is estimated that the average taxable income for people who paid a net amount of tax was $49241.

The average net tax paid was $8,886. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 1,205 people for an average of $758. 20 people paid $1,151 on average more for the Medicare surcharge.

1,415 people earned a salary or wage and took home an average of $37,265 each.

Government allowance and payments were collected by 155 people for on average $6,129. 140 people received the pension or other allowance.

Charitable gifts and donations of an average of $591 were made by 350 people.

The costs of tax affairs for 945 people were claimed for $274 each.