TaxStats for postcode 5573 FY2013

Postcode 5573 includes Balgowan, Chinaman Wells, Maitland, Point Pearce, Port Victoria, South Kilkerran, Urania, Wauraltee, Weetulta, Yorke Valley in South Australia, and is in the federal electorate of Grey.

In FY 2013 the ATO recorded 1,105 individuals in postcode 5573. Of these people, 1,100 made a taxable income or loss. 850 of the population paid a gross amount of tax. After tax offsets, 740 people actually paid a net amount of tax. There were 360 non-taxable people who paid net tax of $0.

Compare TaxStats of 5573 with SA

5573 TaxStats FY2013%Ppl#Ppl5573
Total Individuals100%1,105
Salary or Wage 61%675$37,479$25,298,474
Gross Interest69%765$3,199$2,447,056
Unfranked Dividends21%230$355$81,618
Franked Dividends33%370$6,133$2,269,320
Dividend Franking Credit33%370$2,627$971,958
Capital Gains14%150$25,559$3,833,874
Termination Payouts0%5$3,928$19,641
Tips/Directors Fees etc17%190$2,691$511,231
Business Income11%125$21,477$2,684,592
Foreign Income14%150$920$138,004
Government payments8%85$5,730$487,036
Government pensions9%100$10,376$1,037,645
Total Income or Loss100%1,105$51,071$56,433,493
Charitable Gifts26%290$373$108,137
Cost of Tax Affairs36%400$302$120,838
Work Car expenses18%195$2,045$398,758
Work Travel expenses5%60$3,667$220,025
Self Education expenses2%20$1,323$26,469
Total Deductions74%815$3,828$3,119,931
Taxable Income100%1,100$48,239$53,063,124
Medicare Levy 65%715$992$708,959
Medicare Surcharge 1%15$1,405$21,075
Gross Tax 77%850$12,419$10,556,064
Net Tax 67%740$13,848$10,247,382
Average Tax 100%1,105 $9,274$10,247,382
Gross Tax Rate 77%850 26%$10,556,064
Net Tax Rate 67%740 29%$10,247,382
Average Tax Rate 100%1,105 19%$10,247,382
%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 $48,239. It is estimated that the average taxable income for people who paid a net amount of tax was $65869.

The average net tax paid was $13,848. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 715 people for an average of $992. 15 people paid $1,405 on average more for the Medicare surcharge.

675 people earned a salary or wage and took home an average of $37,479 each.

Government allowance and payments were collected by 85 people for on average $5,730. 100 people received the pension or other allowance.

Charitable gifts and donations of an average of $373 were made by 290 people.

The costs of tax affairs for 400 people were claimed for $302 each.