TaxStats for postcode 5473 FY2013

Postcode 5473 includes Gladstone in South Australia, and is in the federal electorate of Grey.

In FY 2013 the ATO recorded 370 individuals in postcode 5473. Of these people, 365 made a taxable income or loss. 255 of the population paid a gross amount of tax. After tax offsets, 225 people actually paid a net amount of tax. There were 140 non-taxable people who paid net tax of $0.

Compare TaxStats of 5473 with SA

5473 TaxStats FY2013%Ppl#Ppl5473
Total Individuals100%370
Salary or Wage 76%280$41,070$11,499,503
Gross Interest51%190$2,424$460,653
Unfranked Dividends16%60$325$19,480
Franked Dividends24%90$1,722$154,984
Dividend Franking Credit24%90$739$66,475
Capital Gains9%35$19,845$694,560
Termination Payouts1%5$9,901$49,505
Tips/Directors Fees etc14%50$2,053$102,663
Business Income9%35$3,937$137,784
Foreign Income11%40$294$11,761
Government payments11%40$6,752$270,098
Government pensions8%30$9,592$287,766
Total Income or Loss100%370$42,450$15,706,327
Charitable Gifts19%70$363$25,391
Cost of Tax Affairs42%155$274$42,468
Work Car expenses24%90$1,979$178,133
Work Travel expenses8%30$3,556$106,680
Self Education expenses4%15$1,559$23,387
Total Deductions72%265$2,875$761,978
Taxable Income99%365$40,754$14,875,176
Medicare Levy 59%220$897$197,295
Medicare Surcharge 1%5$539$2,696
Gross Tax 69%255$10,444$2,663,299
Net Tax 61%225$11,704$2,633,308
Average Tax 100%370 $7,117$2,633,308
Gross Tax Rate 69%255 26%$2,663,299
Net Tax Rate 61%225 29%$2,633,308
Average Tax Rate 100%370 17%$2,633,308
%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 $40,754. It is estimated that the average taxable income for people who paid a net amount of tax was $58645.

The average net tax paid was $11,704. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 220 people for an average of $897. 5 people paid $539 on average more for the Medicare surcharge.

280 people earned a salary or wage and took home an average of $41,070 each.

Government allowance and payments were collected by 40 people for on average $6,752. 30 people received the pension or other allowance.

Charitable gifts and donations of an average of $363 were made by 70 people.

The costs of tax affairs for 155 people were claimed for $274 each.