TaxStats for postcode 5601 FY2013

Postcode 5601 includes Cultana, Iron Baron, Iron Knob, Mullaquana, Point Lowly, Port Bonython in South Australia, and is in the federal electorate of Grey.

In FY 2013 the ATO recorded 45 individuals in postcode 5601. Of these people, 45 made a taxable income or loss. 30 of the population paid a gross amount of tax. After tax offsets, 25 people actually paid a net amount of tax. There were 20 non-taxable people who paid net tax of $0.

Compare TaxStats of 5601 with SA

5601 TaxStats FY2013%Ppl#Ppl5601
Total Individuals100%45
Salary or Wage 78%35$30,558$1,069,516
Gross Interest56%25$2,432$60,805
Unfranked Dividends11%5$30$152
Franked Dividends11%5$21,506$107,529
Dividend Franking Credit11%5$9,217$46,083
Capital Gains11%5$2,776$13,881
Termination Payouts%0$$0
Tips/Directors Fees etc11%5$1,189$5,944
Business Income11%5$27,643$138,217
Foreign Income11%5$76$378
Government payments22%10$7,040$70,399
Government pensions11%5$13,277$66,384
Total Income or Loss100%45$46,481$2,091,633
Charitable Gifts22%10$191$1,906
Cost of Tax Affairs33%15$406$6,083
Work Car expenses11%5$2,013$10,063
Work Travel expenses11%5$4,499$22,493
Self Education expenses%0$$0
Total Deductions67%30$3,730$111,896
Taxable Income100%45$43,779$1,970,071
Medicare Levy 56%25$990$24,740
Medicare Surcharge 11%5$648$3,242
Gross Tax 67%30$12,001$360,033
Net Tax 56%25$15,051$376,270
Average Tax 100%45 $8,362$376,270
Gross Tax Rate 67%30 27%$360,033
Net Tax Rate 56%25 34%$376,270
Average Tax Rate 100%45 19%$376,270
%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 $43,779. It is estimated that the average taxable income for people who paid a net amount of tax was $69203.

The average net tax paid was $15,051. This equates to an average tax of 34 cents in the dollar on taxable income.

The Medicare levy was paid by 25 people for an average of $990. 5 people paid $648 on average more for the Medicare surcharge.

35 people earned a salary or wage and took home an average of $30,558 each.

Government allowance and payments were collected by 10 people for on average $7,040. 5 people received the pension or other allowance.

Charitable gifts and donations of an average of $191 were made by 10 people.

The costs of tax affairs for 15 people were claimed for $406 each.