TaxStats for postcode 5603 FY2013

Postcode 5603 includes Arno Bay, Hincks, Verran, Wharminda in South Australia, and is in the federal electorate of Grey.

In FY 2013 the ATO recorded 245 individuals in postcode 5603. Of these people, 240 made a taxable income or loss. 185 of the population paid a gross amount of tax. After tax offsets, 160 people actually paid a net amount of tax. There were 80 non-taxable people who paid net tax of $0.

Compare TaxStats of 5603 with SA

5603 TaxStats FY2013%Ppl#Ppl5603
Total Individuals100%245
Salary or Wage 61%150$37,401$5,610,094
Gross Interest67%165$2,544$419,778
Unfranked Dividends16%40$470$18,807
Franked Dividends29%70$3,474$243,151
Dividend Franking Credit29%70$1,488$104,194
Capital Gains10%25$18,191$454,766
Termination Payouts2%5$7,554$37,768
Tips/Directors Fees etc12%30$1,984$59,529
Business Income10%25$30,211$755,273
Foreign Income10%25$341$8,524
Government payments4%10$4,368$43,680
Government pensions10%25$9,671$241,787
Total Income or Loss100%245$43,870$10,748,191
Charitable Gifts22%55$211$11,604
Cost of Tax Affairs33%80$371$29,694
Work Car expenses20%50$1,643$82,138
Work Travel expenses4%10$1,438$14,383
Self Education expenses4%10$1,331$13,307
Total Deductions76%185$2,606$482,030
Taxable Income98%240$42,306$10,153,350
Medicare Levy 59%145$931$134,924
Medicare Surcharge 2%5$2,335$11,677
Gross Tax 76%185$10,298$1,905,153
Net Tax 65%160$11,208$1,793,315
Average Tax 100%245 $7,320$1,793,315
Gross Tax Rate 76%185 24%$1,905,153
Net Tax Rate 65%160 26%$1,793,315
Average Tax Rate 100%245 17%$1,793,315
%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 $42,306. It is estimated that the average taxable income for people who paid a net amount of tax was $57458.

The average net tax paid was $11,208. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 145 people for an average of $931. 5 people paid $2,335 on average more for the Medicare surcharge.

150 people earned a salary or wage and took home an average of $37,401 each.

Government allowance and payments were collected by 10 people for on average $4,368. 25 people received the pension or other allowance.

Charitable gifts and donations of an average of $211 were made by 55 people.

The costs of tax affairs for 80 people were claimed for $371 each.