TaxStats for postcode 5345 FY2013

Postcode 5345 includes Barmera, Loveday, Spectacle Lake in South Australia, and is in the federal electorate of Barker.

In FY 2013 the ATO recorded 1,900 individuals in postcode 5345. Of these people, 1,885 made a taxable income or loss. 1,455 of the population paid a gross amount of tax. After tax offsets, 1,300 people actually paid a net amount of tax. There were 585 non-taxable people who paid net tax of $0.

Compare TaxStats of 5345 with SA

5345 TaxStats FY2013%Ppl#Ppl5345
Avg
5345
Total
Total Individuals100%1,900
Income
Salary or Wage 75%1,420$41,514$58,949,615
Gross Interest58%1,095$1,687$1,847,685
Unfranked Dividends10%185$191$35,389
Franked Dividends21%390$2,687$1,047,975
Dividend Franking Credit21%390$1,151$448,953
Capital Gains3%65$5,631$366,009
Termination Payouts3%55$4,805$264,274
Tips/Directors Fees etc14%275$1,603$440,708
Business Income7%135$15,078$2,035,509
Foreign Income4%75$170$12,749
Government payments11%210$5,711$1,199,255
Government pensions9%165$10,445$1,723,349
Total Income or Loss100%1,895$42,325$80,205,654
Deducations
Charitable Gifts23%435$187$81,228
Cost of Tax Affairs46%875$238$207,942
Work Car expenses28%530$1,944$1,030,109
Work Travel expenses7%140$3,270$457,843
Self Education expenses2%35$1,442$50,476
Total Deductions77%1,465$2,629$3,851,585
Taxation
Taxable Income99%1,885$40,377$76,110,995
Medicare Levy 65%1,230$802$986,038
Medicare Surcharge 1%20$1,552$31,050
Gross Tax 77%1,455$8,653$12,590,244
Net Tax 68%1,300$9,574$12,446,675
Average Tax 100%1,900 $6,551$12,446,675
Gross Tax Rate 77%1,455 21%$12,590,244
Net Tax Rate 68%1,300 24%$12,446,675
Average Tax Rate 100%1,900 16%$12,446,675
%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 $40,377. It is estimated that the average taxable income for people who paid a net amount of tax was $53147.

The average net tax paid was $9,574. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 1,230 people for an average of $802. 20 people paid $1,552 on average more for the Medicare surcharge.

1,420 people earned a salary or wage and took home an average of $41,514 each.

Government allowance and payments were collected by 210 people for on average $5,711. 165 people received the pension or other allowance.

Charitable gifts and donations of an average of $187 were made by 435 people.

The costs of tax affairs for 875 people were claimed for $238 each.