TaxStats for postcode 5265 FY2013

Postcode 5265 includes Coonalpyn, Field in South Australia, and is in the federal electorate of Barker.

In FY 2013 the ATO recorded 225 individuals in postcode 5265. Of these people, 220 made a taxable income or loss. 165 of the population paid a gross amount of tax. After tax offsets, 140 people actually paid a net amount of tax. There were 80 non-taxable people who paid net tax of $0.

Compare TaxStats of 5265 with SA

5265 TaxStats FY2013%Ppl#Ppl5265
Avg
5265
Total
Total Individuals100%225
Income
Salary or Wage 64%145$35,560$5,156,214
Gross Interest67%150$1,945$291,720
Unfranked Dividends24%55$657$36,145
Franked Dividends33%75$3,929$294,692
Dividend Franking Credit33%75$1,685$126,344
Capital Gains16%35$7,378$258,220
Termination Payouts2%5$2,885$14,425
Tips/Directors Fees etc16%35$1,162$40,664
Business Income11%25$-4,604$-115,088
Foreign Income16%35$155$5,431
Government payments9%20$5,825$116,508
Government pensions2%5$16,155$80,774
Total Income or Loss100%225$41,948$9,438,270
Deducations
Charitable Gifts16%35$365$12,759
Cost of Tax Affairs29%65$217$14,122
Work Car expenses16%35$2,040$71,410
Work Travel expenses4%10$1,210$12,102
Self Education expenses2%5$1,472$7,360
Total Deductions76%170$2,080$353,516
Taxation
Taxable Income98%220$40,633$8,939,233
Medicare Levy 58%130$914$118,780
Medicare Surcharge 2%5$262$1,310
Gross Tax 73%165$10,042$1,656,889
Net Tax 62%140$10,899$1,525,803
Average Tax 100%225 $6,781$1,525,803
Gross Tax Rate 73%165 25%$1,656,889
Net Tax Rate 62%140 27%$1,525,803
Average Tax Rate 100%225 17%$1,525,803
%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 $40,633. It is estimated that the average taxable income for people who paid a net amount of tax was $56995.

The average net tax paid was $10,899. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 130 people for an average of $914. 5 people paid $262 on average more for the Medicare surcharge.

145 people earned a salary or wage and took home an average of $35,560 each.

Government allowance and payments were collected by 20 people for on average $5,825. 5 people received the pension or other allowance.

Charitable gifts and donations of an average of $365 were made by 35 people.

The costs of tax affairs for 65 people were claimed for $217 each.