TaxStats for postcode 5242 FY2013

Postcode 5242 includes Balhannah in South Australia, and is in the federal electorate of Mayo.

In FY 2013 the ATO recorded 965 individuals in postcode 5242. Of these people, 965 made a taxable income or loss. 775 of the population paid a gross amount of tax. After tax offsets, 715 people actually paid a net amount of tax. There were 250 non-taxable people who paid net tax of $0.

Compare TaxStats of 5242 with SA

5242 TaxStats FY2013%Ppl#Ppl5242
Avg
5242
Total
Total Individuals100%965
Income
Salary or Wage 75%720$53,067$38,208,023
Gross Interest65%630$1,877$1,182,346
Unfranked Dividends12%115$308$35,449
Franked Dividends27%260$9,363$2,434,290
Dividend Franking Credit26%255$4,091$1,043,122
Capital Gains6%60$10,534$632,038
Termination Payouts1%10$11,757$117,572
Tips/Directors Fees etc13%130$3,163$411,187
Business Income12%120$17,041$2,044,901
Foreign Income7%65$582$37,822
Government payments5%45$4,489$202,021
Government pensions7%65$9,298$604,384
Total Income or Loss100%965$59,407$57,327,938
Deducations
Charitable Gifts33%315$396$124,785
Cost of Tax Affairs46%440$396$174,189
Work Car expenses26%250$2,504$626,042
Work Travel expenses7%70$2,997$209,803
Self Education expenses3%30$1,891$56,733
Total Deductions82%795$3,034$2,412,010
Taxation
Taxable Income100%965$56,821$54,832,107
Medicare Levy 72%690$1,093$754,193
Medicare Surcharge 1%10$1,309$13,089
Gross Tax 80%775$15,386$11,924,173
Net Tax 74%715$16,862$12,056,309
Average Tax 100%965 $12,494$12,056,309
Gross Tax Rate 80%775 27%$11,924,173
Net Tax Rate 74%715 30%$12,056,309
Average Tax Rate 100%965 22%$12,056,309
%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 $56,821. It is estimated that the average taxable income for people who paid a net amount of tax was $72492.

The average net tax paid was $16,862. This equates to an average tax of 30 cents in the dollar on taxable income.

The Medicare levy was paid by 690 people for an average of $1,093. 10 people paid $1,309 on average more for the Medicare surcharge.

720 people earned a salary or wage and took home an average of $53,067 each.

Government allowance and payments were collected by 45 people for on average $4,489. 65 people received the pension or other allowance.

Charitable gifts and donations of an average of $396 were made by 315 people.

The costs of tax affairs for 440 people were claimed for $396 each.