TaxStats for postcode 5470 FY2013

Postcode 5470 includes Yacka in South Australia, and is in the federal electorate of Grey.

In FY 2013 the ATO recorded 70 individuals in postcode 5470. Of these people, 70 made a taxable income or loss. 60 of the population paid a gross amount of tax. After tax offsets, 50 people actually paid a net amount of tax. There were 20 non-taxable people who paid net tax of $0.

Compare TaxStats of 5470 with SA

5470 TaxStats FY2013%Ppl#Ppl5470
Total Individuals100%70
Salary or Wage 64%45$35,838$1,612,712
Gross Interest71%50$3,009$150,450
Unfranked Dividends21%15$89$1,331
Franked Dividends29%20$2,081$41,616
Dividend Franking Credit29%20$892$17,830
Capital Gains14%10$53,322$533,223
Termination Payouts7%5$434$2,168
Tips/Directors Fees etc14%10$2,653$26,534
Business Income7%5$7,692$38,461
Foreign Income14%10$1,158$11,579
Government payments7%5$345$1,727
Government pensions7%5$11,491$57,457
Total Income or Loss100%70$54,220$3,795,404
Charitable Gifts29%20$223$4,452
Cost of Tax Affairs36%25$236$5,889
Work Car expenses14%10$2,041$20,409
Work Travel expenses7%5$5,535$27,673
Self Education expenses7%5$86$430
Total Deductions64%45$2,146$96,559
Taxable Income100%70$52,841$3,698,845
Medicare Levy 71%50$1,008$50,419
Medicare Surcharge 7%5$298$1,490
Gross Tax 86%60$13,414$804,841
Net Tax 71%50$15,397$769,861
Average Tax 100%70 $10,998$769,861
Gross Tax Rate 86%60 25%$804,841
Net Tax Rate 71%50 29%$769,861
Average Tax Rate 100%70 21%$769,861
%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 $52,841. It is estimated that the average taxable income for people who paid a net amount of tax was $69177.

The average net tax paid was $15,397. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 50 people for an average of $1,008. 5 people paid $298 on average more for the Medicare surcharge.

45 people earned a salary or wage and took home an average of $35,838 each.

Government allowance and payments were collected by 5 people for on average $345. 5 people received the pension or other allowance.

Charitable gifts and donations of an average of $223 were made by 20 people.

The costs of tax affairs for 25 people were claimed for $236 each.