TaxStats for postcode 5540 FY2013

Postcode 5540 includes Bungama, Coonamia, Lower Broughton, Napperby, Nelshaby, Pirie East, Port Davis, Port Pirie, Port Pirie South, Port Pirie West, Risdon Park, Risdon Park South, Solomontown, Telowie, Warnertown in South Australia, and is in the federal electorate of Grey.

In FY 2013 the ATO recorded 6,965 individuals in postcode 5540. Of these people, 6,940 made a taxable income or loss. 5,575 of the population paid a gross amount of tax. After tax offsets, 5,030 people actually paid a net amount of tax. There were 1,910 non-taxable people who paid net tax of $0.

Compare TaxStats of 5540 with SA

5540 TaxStats FY2013%Ppl#Ppl5540
Total Individuals100%6,965
Salary or Wage 83%5,755$48,430$278,713,660
Gross Interest51%3,530$1,313$4,636,003
Unfranked Dividends10%725$422$305,973
Franked Dividends17%1,160$3,322$3,853,475
Dividend Franking Credit17%1,155$1,428$1,648,864
Capital Gains3%220$8,570$1,885,468
Termination Payouts1%60$7,514$450,849
Tips/Directors Fees etc16%1,120$1,899$2,127,292
Business Income6%425$19,671$8,360,188
Foreign Income4%275$341$93,885
Government payments12%850$5,747$4,884,884
Government pensions8%560$9,857$5,519,734
Total Income or Loss100%6,950$48,370$336,170,943
Charitable Gifts27%1,900$261$495,725
Cost of Tax Affairs49%3,425$205$702,836
Work Car expenses25%1,710$1,775$3,035,174
Work Travel expenses8%565$1,631$921,736
Self Education expenses3%225$1,831$412,006
Total Deductions83%5,750$2,160$12,421,700
Taxable Income100%6,940$46,606$323,442,215
Medicare Levy 68%4,770$893$4,260,757
Medicare Surcharge 1%75$1,341$100,553
Gross Tax 80%5,575$10,469$58,365,801
Net Tax 72%5,030$11,816$59,433,783
Average Tax 100%6,965 $8,533$59,433,783
Gross Tax Rate 80%5,575 22%$58,365,801
Net Tax Rate 72%5,030 25%$59,433,783
Average Tax Rate 100%6,965 18%$59,433,783
%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 $46,606. It is estimated that the average taxable income for people who paid a net amount of tax was $59746.

The average net tax paid was $11,816. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 4,770 people for an average of $893. 75 people paid $1,341 on average more for the Medicare surcharge.

5,755 people earned a salary or wage and took home an average of $48,430 each.

Government allowance and payments were collected by 850 people for on average $5,747. 560 people received the pension or other allowance.

Charitable gifts and donations of an average of $261 were made by 1,900 people.

The costs of tax affairs for 3,425 people were claimed for $205 each.