TaxStats for postcode 5554 FY2013

Postcode 5554 includes Boors Plain, Cunliffe, Jericho, Jerusalem, Kadina, Matta Flat, New Town, Thomas Plain, Thomas Plains, Wallaroo Mines, Willamulka in South Australia, and is in the federal electorate of Grey.

In FY 2013 the ATO recorded 2,745 individuals in postcode 5554. Of these people, 2,730 made a taxable income or loss. 2,210 of the population paid a gross amount of tax. After tax offsets, 2,010 people actually paid a net amount of tax. There were 720 non-taxable people who paid net tax of $0.

Compare TaxStats of 5554 with SA

5554 TaxStats FY2013%Ppl#Ppl5554
Total Individuals100%2,745
Salary or Wage 73%2,005$42,712$85,637,495
Gross Interest60%1,645$2,114$3,477,295
Unfranked Dividends15%400$233$93,284
Franked Dividends26%705$5,318$3,749,272
Dividend Franking Credit26%705$2,271$1,601,246
Capital Gains8%225$13,869$3,120,519
Termination Payouts1%20$7,857$157,139
Tips/Directors Fees etc16%450$1,865$839,271
Business Income8%230$21,812$5,016,797
Foreign Income7%195$380$74,176
Government payments9%255$5,154$1,314,184
Government pensions7%205$9,966$2,043,006
Total Income or Loss100%2,740$50,227$137,622,287
Charitable Gifts25%680$342$232,681
Cost of Tax Affairs42%1,145$321$367,417
Work Car expenses20%555$1,988$1,103,342
Work Travel expenses7%195$1,753$341,929
Self Education expenses3%95$1,486$141,201
Total Deductions81%2,225$2,716$6,043,101
Taxable Income99%2,730$47,952$130,907,943
Medicare Levy 70%1,915$911$1,744,958
Medicare Surcharge 1%40$1,137$45,478
Gross Tax 81%2,210$11,085$24,498,084
Net Tax 73%2,010$12,165$24,451,173
Average Tax 100%2,745 $8,908$24,451,173
Gross Tax Rate 81%2,210 23%$24,498,084
Net Tax Rate 73%2,010 25%$24,451,173
Average Tax Rate 100%2,745 19%$24,451,173
%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 $47,952. It is estimated that the average taxable income for people who paid a net amount of tax was $60830.

The average net tax paid was $12,165. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 1,915 people for an average of $911. 40 people paid $1,137 on average more for the Medicare surcharge.

2,005 people earned a salary or wage and took home an average of $42,712 each.

Government allowance and payments were collected by 255 people for on average $5,154. 205 people received the pension or other allowance.

Charitable gifts and donations of an average of $342 were made by 680 people.

The costs of tax affairs for 1,145 people were claimed for $321 each.