TaxStats for postcode 5510 FY2013

Postcode 5510 includes Lochiel in South Australia, and is in the federal electorate of Grey.

In FY 2013 the ATO recorded 80 individuals in postcode 5510. Of these people, 80 made a taxable income or loss. 55 of the population paid a gross amount of tax. After tax offsets, 50 people actually paid a net amount of tax. There were 30 non-taxable people who paid net tax of $0.

Compare TaxStats of 5510 with SA

5510 TaxStats FY2013%Ppl#Ppl5510
Total Individuals100%80
Salary or Wage 75%60$32,693$1,961,600
Gross Interest56%45$3,739$168,237
Unfranked Dividends19%15$100$1,505
Franked Dividends38%30$5,181$155,421
Dividend Franking Credit38%30$2,220$66,604
Capital Gains12%10$7,058$70,576
Termination Payouts%0$$0
Tips/Directors Fees etc19%15$1,878$28,165
Business Income6%5$-6,568$-32,840
Foreign Income6%5$54$268
Government payments12%10$4,700$47,000
Government pensions6%5$9,372$46,858
Total Income or Loss100%80$40,507$3,240,594
Charitable Gifts25%20$817$16,340
Cost of Tax Affairs31%25$227$5,668
Work Car expenses25%20$2,459$49,178
Work Travel expenses6%5$3,152$15,758
Self Education expenses%0$$0
Total Deductions75%60$4,410$264,587
Taxable Income100%80$37,055$2,964,409
Medicare Levy 62%50$806$40,294
Medicare Surcharge %0$$0
Gross Tax 69%55$9,070$498,876
Net Tax 62%50$9,459$472,928
Average Tax 100%80 $5,912$472,928
Gross Tax Rate 69%55 24%$498,876
Net Tax Rate 62%50 26%$472,928
Average Tax Rate 100%80 16%$472,928
%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 $37,055. It is estimated that the average taxable income for people who paid a net amount of tax was $52088.

The average net tax paid was $9,459. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 50 people for an average of $806.

60 people earned a salary or wage and took home an average of $32,693 each.

Government allowance and payments were collected by 10 people for on average $4,700. 5 people received the pension or other allowance.

Charitable gifts and donations of an average of $817 were made by 20 people.

The costs of tax affairs for 25 people were claimed for $227 each.