TaxStats for postcode 5723 FY2013

Postcode 5723 includes Coober Pedy in South Australia, and is in the federal electorate of Grey.

In FY 2013 the ATO recorded 890 individuals in postcode 5723. Of these people, 885 made a taxable income or loss. 725 of the population paid a gross amount of tax. After tax offsets, 640 people actually paid a net amount of tax. There were 245 non-taxable people who paid net tax of $0.

Compare TaxStats of 5723 with SA

5723 TaxStats FY2013%Ppl#Ppl5723
Total Individuals100%890
Salary or Wage 77%685$49,272$33,751,557
Gross Interest49%435$1,408$612,516
Unfranked Dividends7%65$344$22,348
Franked Dividends9%80$3,072$245,761
Dividend Franking Credit8%75$1,389$104,179
Capital Gains2%20$7,967$159,345
Termination Payouts1%5$7,368$36,840
Tips/Directors Fees etc14%125$3,029$378,611
Business Income13%115$11,106$1,277,184
Foreign Income1%10$683$6,829
Government payments11%100$7,029$702,915
Government pensions7%65$10,206$663,417
Total Income or Loss99%885$47,070$41,657,054
Charitable Gifts21%190$262$49,786
Cost of Tax Affairs43%380$354$134,369
Work Car expenses18%160$2,325$372,011
Work Travel expenses7%65$1,592$103,505
Self Education expenses3%25$1,806$45,148
Total Deductions73%650$2,380$1,546,697
Taxable Income99%885$45,280$40,072,360
Medicare Levy 70%620$856$530,997
Medicare Surcharge 4%35$1,159$40,553
Gross Tax 81%725$9,670$7,011,100
Net Tax 72%640$10,113$6,472,600
Average Tax 100%890 $7,273$6,472,600
Gross Tax Rate 81%725 21%$7,011,100
Net Tax Rate 72%640 22%$6,472,600
Average Tax Rate 100%890 16%$6,472,600
%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 $45,280. It is estimated that the average taxable income for people who paid a net amount of tax was $58019.

The average net tax paid was $10,113. This equates to an average tax of 22 cents in the dollar on taxable income.

The Medicare levy was paid by 620 people for an average of $856. 35 people paid $1,159 on average more for the Medicare surcharge.

685 people earned a salary or wage and took home an average of $49,272 each.

Government allowance and payments were collected by 100 people for on average $7,029. 65 people received the pension or other allowance.

Charitable gifts and donations of an average of $262 were made by 190 people.

The costs of tax affairs for 380 people were claimed for $354 each.