TaxStats for postcode 5420 FY2013

Postcode 5420 includes Canowie Belt, Whyte Yarcowie in South Australia, and is in the federal electorate of Grey.

In FY 2013 the ATO recorded 40 individuals in postcode 5420. Of these people, 35 made a taxable income or loss. 30 of the population paid a gross amount of tax. After tax offsets, 30 people actually paid a net amount of tax. There were 5 non-taxable people who paid net tax of $0.

Compare TaxStats of 5420 with SA

5420 TaxStats FY2013%Ppl#Ppl5420
Total Individuals100%40
Salary or Wage 62%25$27,277$681,926
Gross Interest62%25$2,445$61,124
Unfranked Dividends38%15$422$6,337
Franked Dividends50%20$12,966$259,316
Dividend Franking Credit50%20$5,557$111,131
Capital Gains12%5$2,688$13,442
Termination Payouts12%5$704$3,519
Tips/Directors Fees etc12%5$1,806$9,031
Business Income12%5$-5,658$-28,289
Foreign Income25%10$335$3,353
Government payments%0$$0
Government pensions12%5$7,060$35,302
Total Income or Loss100%40$57,224$2,288,952
Charitable Gifts12%5$3,845$19,226
Cost of Tax Affairs25%10$230$2,295
Work Car expenses12%5$4,367$21,835
Work Travel expenses12%5$1,946$9,732
Self Education expenses12%5$140$700
Total Deductions75%30$5,976$179,288
Taxable Income88%35$60,130$2,104,564
Medicare Levy 75%30$952$28,573
Medicare Surcharge %0$$0
Gross Tax 75%30$14,891$446,717
Net Tax 75%30$14,875$446,247
Average Tax 100%40 $11,156$446,247
Gross Tax Rate 75%30 25%$446,717
Net Tax Rate 75%30 25%$446,247
Average Tax Rate 100%40 19%$446,247
%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 $60,130. It is estimated that the average taxable income for people who paid a net amount of tax was $68152.

The average net tax paid was $14,875. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 30 people for an average of $952.

25 people earned a salary or wage and took home an average of $27,277 each.

Government allowance and payments were collected by 0 people for on average $. 5 people received the pension or other allowance.

Charitable gifts and donations of an average of $3,845 were made by 5 people.

The costs of tax affairs for 10 people were claimed for $230 each.