TaxStats for postcode 5235 FY2013

Postcode 5235 includes Cromer, Eden Valley, Flaxman Valley, Flaxman Valley, Mount Pleasant, Springton, Taunton in South Australia, and is in the federal electorate of Mayo.

In FY 2013 the ATO recorded 1,310 individuals in postcode 5235. Of these people, 1,295 made a taxable income or loss. 965 of the population paid a gross amount of tax. After tax offsets, 865 people actually paid a net amount of tax. There were 430 non-taxable people who paid net tax of $0.

Compare TaxStats of 5235 with SA

5235 TaxStats FY2013%Ppl#Ppl5235
Avg
5235
Total
Total Individuals100%1,310
Income
Salary or Wage 69%910$46,862$42,644,583
Gross Interest62%810$2,044$1,655,391
Unfranked Dividends13%175$339$59,349
Franked Dividends26%335$6,155$2,062,085
Dividend Franking Credit26%335$2,636$883,196
Capital Gains3%45$14,186$638,383
Termination Payouts1%15$6,353$95,288
Tips/Directors Fees etc15%190$2,742$520,904
Business Income12%160$6,846$1,095,430
Foreign Income5%60$-129$-7,713
Government payments8%100$5,513$551,288
Government pensions7%90$9,911$891,993
Total Income or Loss100%1,310$43,882$57,485,494
Deducations
Charitable Gifts27%355$666$236,505
Cost of Tax Affairs43%560$305$170,673
Work Car expenses27%355$1,886$669,473
Work Travel expenses6%75$3,044$228,332
Self Education expenses3%40$1,473$58,918
Total Deductions78%1,020$2,527$2,577,521
Taxation
Taxable Income99%1,295$42,114$54,537,654
Medicare Levy 63%820$881$722,079
Medicare Surcharge 1%15$1,740$26,100
Gross Tax 74%965$10,267$9,907,829
Net Tax 66%865$11,476$9,926,536
Average Tax 100%1,310 $7,578$9,926,536
Gross Tax Rate 74%965 24%$9,907,829
Net Tax Rate 66%865 27%$9,926,536
Average Tax Rate 100%1,310 18%$9,926,536
%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 $42,114. It is estimated that the average taxable income for people who paid a net amount of tax was $57084.

The average net tax paid was $11,476. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 820 people for an average of $881. 15 people paid $1,740 on average more for the Medicare surcharge.

910 people earned a salary or wage and took home an average of $46,862 each.

Government allowance and payments were collected by 100 people for on average $5,513. 90 people received the pension or other allowance.

Charitable gifts and donations of an average of $666 were made by 355 people.

The costs of tax affairs for 560 people were claimed for $305 each.