TaxStats for postcode 5421 FY2013

Postcode 5421 includes Franklyn, Terowie in South Australia, and is in the federal electorate of Grey.

In FY 2013 the ATO recorded 35 individuals in postcode 5421. Of these people, 35 made a taxable income or loss. 30 of the population paid a gross amount of tax. After tax offsets, 25 people actually paid a net amount of tax. There were 10 non-taxable people who paid net tax of $0.

Compare TaxStats of 5421 with SA

5421 TaxStats FY2013%Ppl#Ppl5421
Total Individuals100%35
Salary or Wage 86%30$39,371$1,181,120
Gross Interest43%15$3,885$58,271
Unfranked Dividends14%5$45$223
Franked Dividends14%5$686$3,428
Dividend Franking Credit14%5$294$1,469
Capital Gains14%5$2,629$13,147
Termination Payouts%0$$0
Tips/Directors Fees etc29%10$5,390$53,904
Business Income14%5$13,105$65,527
Foreign Income14%5$103$513
Government payments14%5$6,401$32,006
Government pensions14%5$2,619$13,096
Total Income or Loss100%35$45,752$1,601,311
Charitable Gifts29%10$170$1,704
Cost of Tax Affairs57%20$262$5,232
Work Car expenses29%10$3,792$37,921
Work Travel expenses14%5$1,353$6,764
Self Education expenses14%5$290$1,450
Total Deductions86%30$2,786$83,581
Taxable Income100%35$43,364$1,517,730
Medicare Levy 71%25$772$19,294
Medicare Surcharge %0$$0
Gross Tax 86%30$8,832$264,973
Net Tax 71%25$10,735$268,376
Average Tax 100%35 $7,668$268,376
Gross Tax Rate 86%30 20%$264,973
Net Tax Rate 71%25 25%$268,376
Average Tax Rate 100%35 18%$268,376
%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 $43,364. It is estimated that the average taxable income for people who paid a net amount of tax was $55909.

The average net tax paid was $10,735. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 25 people for an average of $772.

30 people earned a salary or wage and took home an average of $39,371 each.

Government allowance and payments were collected by 5 people for on average $6,401. 5 people received the pension or other allowance.

Charitable gifts and donations of an average of $170 were made by 10 people.

The costs of tax affairs for 20 people were claimed for $262 each.