TaxStats for postcode 5606 FY2013

Postcode 5606 includes Kirton Point, Port Lincoln, Port Lincoln in South Australia, and is in the federal electorate of Grey.

In FY 2013 the ATO recorded 8,855 individuals in postcode 5606. Of these people, 8,815 made a taxable income or loss. 7,300 of the population paid a gross amount of tax. After tax offsets, 6,655 people actually paid a net amount of tax. There were 2,160 non-taxable people who paid net tax of $0.

Compare TaxStats of 5606 with SA

5606 TaxStats FY2013%Ppl#Ppl5606
Avg
5606
Total
Total Individuals100%8,855
Income
Salary or Wage 78%6,865$46,610$319,977,461
Gross Interest54%4,785$1,627$7,786,180
Unfranked Dividends11%935$361$337,347
Franked Dividends21%1,830$6,283$11,498,322
Dividend Franking Credit21%1,830$2,691$4,925,052
Capital Gains5%480$13,031$6,254,788
Termination Payouts1%75$9,414$706,070
Tips/Directors Fees etc14%1,215$2,284$2,774,481
Business Income7%660$23,434$15,466,648
Foreign Income5%430$463$199,182
Government payments9%820$4,887$4,007,147
Government pensions7%580$9,136$5,298,852
Total Income or Loss100%8,840$51,269$453,220,473
Deducations
Charitable Gifts24%2,160$296$640,353
Cost of Tax Affairs42%3,690$326$1,202,380
Work Car expenses21%1,875$2,054$3,851,574
Work Travel expenses8%665$2,058$1,368,461
Self Education expenses4%320$1,570$502,422
Total Deductions82%7,220$2,607$18,824,755
Taxation
Taxable Income100%8,815$49,174$433,464,653
Medicare Levy 72%6,410$916$5,871,031
Medicare Surcharge 2%215$1,304$280,372
Gross Tax 82%7,300$11,245$82,088,135
Net Tax 75%6,655$12,558$83,571,165
Average Tax 100%8,855 $9,438$83,571,165
Gross Tax Rate 82%7,300 23%$82,088,135
Net Tax Rate 75%6,655 26%$83,571,165
Average Tax Rate 100%8,855 19%$83,571,165
%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 $49,174. It is estimated that the average taxable income for people who paid a net amount of tax was $61239.

The average net tax paid was $12,558. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 6,410 people for an average of $916. 215 people paid $1,304 on average more for the Medicare surcharge.

6,865 people earned a salary or wage and took home an average of $46,610 each.

Government allowance and payments were collected by 820 people for on average $4,887. 580 people received the pension or other allowance.

Charitable gifts and donations of an average of $296 were made by 2,160 people.

The costs of tax affairs for 3,690 people were claimed for $326 each.