TaxStats for postcode 5607 FY2013

Postcode 5607 includes Boston, Brooker, Charlton Gully, Coffin Bay, Coomunga, Coulta, Duck Ponds, Farm Beach, Fountain, Green Patch, Hawson, Horse Peninsula, Kellidie Bay, Kiana, Koppio, Lincoln National Park, Lipson, Little Douglas, Louth Bay, Moody, Mount Drummond, Mount Dutton Bay, Mount Hope, Murdinga, North Shields, Peachna, Pearlah, Point Boston, Poonindie, Sheringa, Sleaford, Sullivan, Tiatukia, Tooligie, Tootenilla, Tulka, Tulka North, Uley, Ungarra, Venus Bay, Wangary, Wanilla, Warrachie, Warrow, Warunda, Whites Flat, Whites River, Yallunda Flat in South Australia, and is in the federal electorate of Grey.

In FY 2013 the ATO recorded 1,565 individuals in postcode 5607. Of these people, 1,540 made a taxable income or loss. 1,160 of the population paid a gross amount of tax. After tax offsets, 1,045 people actually paid a net amount of tax. There were 495 non-taxable people who paid net tax of $0.

Compare TaxStats of 5607 with SA

5607 TaxStats FY2013%Ppl#Ppl5607
Total Individuals100%1,565
Salary or Wage 66%1,030$43,786$45,099,383
Gross Interest58%905$2,057$1,861,385
Unfranked Dividends13%205$234$47,987
Franked Dividends23%365$3,561$1,299,620
Dividend Franking Credit23%365$1,525$556,637
Capital Gains11%170$15,958$2,712,780
Termination Payouts1%20$8,498$169,969
Tips/Directors Fees etc13%210$2,372$498,213
Business Income10%160$13,112$2,097,964
Foreign Income7%110$359$39,439
Government payments8%125$5,170$646,205
Government pensions6%95$8,958$851,055
Total Income or Loss100%1,560$45,278$70,634,312
Charitable Gifts22%340$449$152,829
Cost of Tax Affairs36%570$297$169,430
Work Car expenses18%275$2,140$588,628
Work Travel expenses6%100$3,171$317,096
Self Education expenses3%40$1,950$77,990
Total Deductions73%1,145$3,204$3,668,352
Taxable Income98%1,540$42,924$66,103,493
Medicare Levy 63%990$891$882,138
Medicare Surcharge 2%30$1,269$38,084
Gross Tax 74%1,160$10,689$12,399,400
Net Tax 67%1,045$11,650$12,174,441
Average Tax 100%1,565 $7,779$12,174,441
Gross Tax Rate 74%1,160 25%$12,399,400
Net Tax Rate 67%1,045 27%$12,174,441
Average Tax Rate 100%1,565 18%$12,174,441
%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 $42,924. It is estimated that the average taxable income for people who paid a net amount of tax was $57573.

The average net tax paid was $11,650. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 990 people for an average of $891. 30 people paid $1,269 on average more for the Medicare surcharge.

1,030 people earned a salary or wage and took home an average of $43,786 each.

Government allowance and payments were collected by 125 people for on average $5,170. 95 people received the pension or other allowance.

Charitable gifts and donations of an average of $449 were made by 340 people.

The costs of tax affairs for 570 people were claimed for $297 each.