TaxStats for postcode 5575 FY2013

Postcode 5575 includes Bluff Beach, Brentwood, Corny Point, Hardwicke Bay, Koolywurtie, Marion Bay, Minlaton, Point Turton, Port Rickaby, Ramsay, Stenhouse Bay, White Hut, Wool Bay in South Australia, and is in the federal electorate of Grey.

In FY 2013 the ATO recorded 1,155 individuals in postcode 5575. Of these people, 1,140 made a taxable income or loss. 845 of the population paid a gross amount of tax. After tax offsets, 725 people actually paid a net amount of tax. There were 415 non-taxable people who paid net tax of $0.

Compare TaxStats of 5575 with SA

5575 TaxStats FY2013%Ppl#Ppl5575
Total Individuals100%1,155
Salary or Wage 58%670$39,598$26,530,385
Gross Interest68%785$2,256$1,771,126
Unfranked Dividends22%250$669$167,192
Franked Dividends34%390$4,587$1,788,940
Dividend Franking Credit34%390$1,965$766,256
Capital Gains12%140$10,904$1,526,556
Termination Payouts1%10$5,381$53,807
Tips/Directors Fees etc13%155$1,495$231,754
Business Income14%160$13,861$2,217,682
Foreign Income11%130$260$33,764
Government payments9%100$5,940$593,960
Government pensions9%105$10,960$1,150,835
Total Income or Loss100%1,155$42,333$48,894,453
Charitable Gifts21%240$378$90,761
Cost of Tax Affairs37%430$299$128,543
Work Car expenses21%245$1,932$473,408
Work Travel expenses5%55$1,624$89,317
Self Education expenses2%25$1,765$44,118
Total Deductions74%850$3,686$3,132,792
Taxable Income99%1,140$39,701$45,259,516
Medicare Levy 61%700$823$576,359
Medicare Surcharge 1%15$1,151$17,272
Gross Tax 73%845$9,087$7,678,879
Net Tax 63%725$10,304$7,470,494
Average Tax 100%1,155 $6,468$7,470,494
Gross Tax Rate 73%845 23%$7,678,879
Net Tax Rate 63%725 26%$7,470,494
Average Tax Rate 100%1,155 16%$7,470,494
%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 $39,701. It is estimated that the average taxable income for people who paid a net amount of tax was $55558.

The average net tax paid was $10,304. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 700 people for an average of $823. 15 people paid $1,151 on average more for the Medicare surcharge.

670 people earned a salary or wage and took home an average of $39,598 each.

Government allowance and payments were collected by 100 people for on average $5,940. 105 people received the pension or other allowance.

Charitable gifts and donations of an average of $378 were made by 240 people.

The costs of tax affairs for 430 people were claimed for $299 each.