TaxStats for postcode 5521 FY2013

Postcode 5521 includes Redhill in South Australia, and is in the federal electorate of Grey.

In FY 2013 the ATO recorded 80 individuals in postcode 5521. Of these people, 80 made a taxable income or loss. 65 of the population paid a gross amount of tax. After tax offsets, 55 people actually paid a net amount of tax. There were 25 non-taxable people who paid net tax of $0.

Compare TaxStats of 5521 with SA

5521 TaxStats FY2013%Ppl#Ppl5521
Total Individuals100%80
Salary or Wage 50%40$40,462$1,618,492
Gross Interest69%55$4,104$225,727
Unfranked Dividends38%30$1,559$46,771
Franked Dividends44%35$10,247$358,633
Dividend Franking Credit44%35$4,391$153,690
Capital Gains31%25$10,685$267,136
Termination Payouts%0$$0
Tips/Directors Fees etc19%15$1,395$20,923
Business Income6%5$-5,853$-29,267
Foreign Income25%20$842$16,841
Government payments6%5$6,653$33,265
Government pensions12%10$10,988$109,879
Total Income or Loss100%80$63,510$5,080,810
Charitable Gifts19%15$231$3,463
Cost of Tax Affairs25%20$525$10,509
Work Car expenses12%10$3,028$30,284
Work Travel expenses6%5$1,555$7,776
Self Education expenses6%5$232$1,162
Total Deductions75%60$6,220$373,189
Taxable Income100%80$57,750$4,619,981
Medicare Levy 69%55$1,145$62,982
Medicare Surcharge 6%5$493$2,464
Gross Tax 81%65$15,536$1,009,846
Net Tax 69%55$16,846$926,553
Average Tax 100%80 $11,582$926,553
Gross Tax Rate 81%65 27%$1,009,846
Net Tax Rate 69%55 29%$926,553
Average Tax Rate 100%80 20%$926,553
%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 $57,750. It is estimated that the average taxable income for people who paid a net amount of tax was $78545.

The average net tax paid was $16,846. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 55 people for an average of $1,145. 5 people paid $493 on average more for the Medicare surcharge.

40 people earned a salary or wage and took home an average of $40,462 each.

Government allowance and payments were collected by 5 people for on average $6,653. 10 people received the pension or other allowance.

Charitable gifts and donations of an average of $231 were made by 15 people.

The costs of tax affairs for 20 people were claimed for $525 each.