TaxStats for postcode 5577 FY2013

Postcode 5577 includes Couch Beach, Foul Bay, Inneston, Point Souttar, The Pines, Warooka in South Australia, and is in the federal electorate of Grey.

In FY 2013 the ATO recorded 335 individuals in postcode 5577. Of these people, 325 made a taxable income or loss. 215 of the population paid a gross amount of tax. After tax offsets, 190 people actually paid a net amount of tax. There were 135 non-taxable people who paid net tax of $0.

Compare TaxStats of 5577 with SA

5577 TaxStats FY2013%Ppl#Ppl5577
Total Individuals100%335
Salary or Wage 63%210$36,304$7,623,750
Gross Interest64%215$1,980$425,681
Unfranked Dividends15%50$369$18,456
Franked Dividends25%85$3,594$305,451
Dividend Franking Credit25%85$1,542$131,090
Capital Gains13%45$14,272$642,219
Termination Payouts1%5$4,712$23,560
Tips/Directors Fees etc15%50$3,936$196,776
Business Income15%50$4,995$249,747
Foreign Income10%35$2,502$87,574
Government payments6%20$7,349$146,989
Government pensions6%20$12,034$240,685
Total Income or Loss100%335$34,588$11,586,828
Charitable Gifts16%55$220$12,088
Cost of Tax Affairs40%135$338$45,570
Work Car expenses21%70$2,100$147,025
Work Travel expenses4%15$3,717$55,751
Self Education expenses1%5$801$4,003
Total Deductions70%235$2,514$590,757
Taxable Income97%325$32,261$10,484,669
Medicare Levy 55%185$767$141,971
Medicare Surcharge 1%5$721$3,607
Gross Tax 64%215$8,165$1,755,407
Net Tax 57%190$9,045$1,718,459
Average Tax 100%335 $5,130$1,718,459
Gross Tax Rate 64%215 25%$1,755,407
Net Tax Rate 57%190 28%$1,718,459
Average Tax Rate 100%335 16%$1,718,459
%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 $32,261. It is estimated that the average taxable income for people who paid a net amount of tax was $46656.

The average net tax paid was $9,045. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 185 people for an average of $767. 5 people paid $721 on average more for the Medicare surcharge.

210 people earned a salary or wage and took home an average of $36,304 each.

Government allowance and payments were collected by 20 people for on average $7,349. 20 people received the pension or other allowance.

Charitable gifts and donations of an average of $220 were made by 55 people.

The costs of tax affairs for 135 people were claimed for $338 each.