TaxStats for postcode 5558 FY2013

Postcode 5558 includes Agery, Cross Roads, East Moonta, Hamley, Kooroona, Moonta, Moonta Bay, Moonta Mines, Nalyappa, North Moonta, North Yelta, Paramatta, Port Hughes, Yelta in South Australia, and is in the federal electorate of Grey.

In FY 2013 the ATO recorded 2,080 individuals in postcode 5558. Of these people, 2,065 made a taxable income or loss. 1,585 of the population paid a gross amount of tax. After tax offsets, 1,385 people actually paid a net amount of tax. There were 680 non-taxable people who paid net tax of $0.

Compare TaxStats of 5558 with SA

5558 TaxStats FY2013%Ppl#Ppl5558
Total Individuals100%2,080
Salary or Wage 66%1,375$43,085$59,242,284
Gross Interest60%1,255$2,266$2,844,081
Unfranked Dividends12%245$445$109,041
Franked Dividends24%505$4,434$2,238,967
Dividend Franking Credit24%505$1,898$958,686
Capital Gains7%145$8,626$1,250,827
Termination Payouts1%25$16,391$409,780
Tips/Directors Fees etc14%285$2,604$742,025
Business Income11%225$18,689$4,205,062
Foreign Income6%135$237$31,967
Government payments11%220$5,583$1,228,152
Government pensions10%215$9,720$2,089,866
Total Income or Loss100%2,075$44,895$93,156,207
Charitable Gifts27%560$267$149,371
Cost of Tax Affairs42%875$306$267,940
Work Car expenses19%405$2,198$890,095
Work Travel expenses6%125$2,172$271,487
Self Education expenses3%65$2,309$150,100
Total Deductions76%1,585$2,718$4,307,872
Taxable Income99%2,065$42,882$88,552,203
Medicare Levy 63%1,305$861$1,124,205
Medicare Surcharge 1%20$1,136$22,710
Gross Tax 76%1,585$9,842$15,599,895
Net Tax 67%1,385$11,004$15,240,376
Average Tax 100%2,080 $7,327$15,240,376
Gross Tax Rate 76%1,585 23%$15,599,895
Net Tax Rate 67%1,385 26%$15,240,376
Average Tax Rate 100%2,080 17%$15,240,376
%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 $42,882. It is estimated that the average taxable income for people who paid a net amount of tax was $58045.

The average net tax paid was $11,004. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 1,305 people for an average of $861. 20 people paid $1,136 on average more for the Medicare surcharge.

1,375 people earned a salary or wage and took home an average of $43,085 each.

Government allowance and payments were collected by 220 people for on average $5,583. 215 people received the pension or other allowance.

Charitable gifts and donations of an average of $267 were made by 560 people.

The costs of tax affairs for 875 people were claimed for $306 each.