TaxStats for postcode 5416 FY2013

Postcode 5416 includes Farrell Flat, Farrell Flat, Porter Lagoon in South Australia, and is in the federal electorate of Grey.

In FY 2013 the ATO recorded 125 individuals in postcode 5416. Of these people, 120 made a taxable income or loss. 90 of the population paid a gross amount of tax. After tax offsets, 85 people actually paid a net amount of tax. There were 35 non-taxable people who paid net tax of $0.

Compare TaxStats of 5416 with SA

5416 TaxStats FY2013%Ppl#Ppl5416
Total Individuals100%125
Salary or Wage 68%85$37,951$3,225,794
Gross Interest64%80$2,367$189,371
Unfranked Dividends16%20$188$3,752
Franked Dividends32%40$819$32,745
Dividend Franking Credit32%40$350$14,015
Capital Gains12%15$11,953$179,288
Termination Payouts4%5$1,478$7,390
Tips/Directors Fees etc12%15$4,028$60,415
Business Income12%15$18,275$274,128
Foreign Income16%20$204$4,088
Government payments4%5$5,802$29,010
Government pensions4%5$8,903$44,517
Total Income or Loss100%125$42,665$5,333,091
Charitable Gifts20%25$178$4,443
Cost of Tax Affairs32%40$308$12,336
Work Car expenses20%25$3,008$75,197
Work Travel expenses4%5$974$4,870
Self Education expenses4%5$247$1,234
Total Deductions68%85$4,117$349,926
Taxable Income96%120$41,073$4,928,770
Medicare Levy 60%75$863$64,756
Medicare Surcharge 4%5$931$4,653
Gross Tax 72%90$9,391$845,163
Net Tax 68%85$9,794$832,484
Average Tax 100%125 $6,660$832,484
Gross Tax Rate 72%90 23%$845,163
Net Tax Rate 68%85 24%$832,484
Average Tax Rate 100%125 16%$832,484
%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 $41,073. It is estimated that the average taxable income for people who paid a net amount of tax was $53044.

The average net tax paid was $9,794. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 75 people for an average of $863. 5 people paid $931 on average more for the Medicare surcharge.

85 people earned a salary or wage and took home an average of $37,951 each.

Government allowance and payments were collected by 5 people for on average $5,802. 5 people received the pension or other allowance.

Charitable gifts and donations of an average of $178 were made by 25 people.

The costs of tax affairs for 40 people were claimed for $308 each.