TaxStats for postcode 0854 FY2013
Postcode 0854 includes Borroloola, King Ash Bay in Northern Territory, and is in the federal electorate of Lingiari.
In FY 2013 the ATO recorded 425 individuals in postcode 0854. Of these people, 420 made a taxable income or loss. 315 of the population paid a gross amount of tax. After tax offsets, 280 people actually paid a net amount of tax. There were 140 non-taxable people who paid net tax of $0.
Compare TaxStats of 0854 with NT
| 0854 TaxStats FY2013 | %Ppl | #Ppl | 0854 Avg | 0854 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 425 | ||
| Income | ||||
| Salary or Wage | 93% | 395 | $42,157 | $16,652,149 |
| Gross Interest | 27% | 115 | $1,390 | $159,807 |
| Unfranked Dividends | 2% | 10 | $233 | $2,329 |
| Franked Dividends | 5% | 20 | $39,350 | $787,000 |
| Dividend Franking Credit | 5% | 20 | $16,864 | $337,279 |
| Capital Gains | 1% | 5 | $33 | $163 |
| Termination Payouts | 1% | 5 | $8,107 | $40,533 |
| Tips/Directors Fees etc | 6% | 25 | $8,008 | $200,205 |
| Business Income | 4% | 15 | $5,864 | $87,962 |
| Foreign Income | 1% | 5 | $128 | $641 |
| Government payments | 25% | 105 | $7,701 | $808,600 |
| Government pensions | 5% | 20 | $11,005 | $220,094 |
| Total Income or Loss | 100% | 425 | $49,008 | $20,828,401 |
| Deducations | ||||
| Charitable Gifts | 11% | 45 | $379 | $17,038 |
| Cost of Tax Affairs | 67% | 285 | $346 | $98,655 |
| Work Car expenses | 9% | 40 | $3,336 | $133,453 |
| Work Travel expenses | 5% | 20 | $4,965 | $99,298 |
| Self Education expenses | 2% | 10 | $1,558 | $15,576 |
| Total Deductions | 88% | 375 | $1,529 | $573,293 |
| Taxation | ||||
| Taxable Income | 99% | 420 | $48,074 | $20,190,920 |
| Medicare Levy | 64% | 270 | $991 | $267,576 |
| Medicare Surcharge | 2% | 10 | $1,050 | $10,496 |
| Gross Tax | 74% | 315 | $13,109 | $4,129,336 |
| Net Tax | 66% | 280 | $14,009 | $3,922,602 |
| Average Tax | 100% | 425 | $9,230 | $3,922,602 |
| Gross Tax Rate | 74% | 315 | 27% | $4,129,336 |
| Net Tax Rate | 66% | 280 | 29% | $3,922,602 |
| Average Tax Rate | 100% | 425 | 19% | $3,922,602 |
| %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 $48,074. It is estimated that the average taxable income for people who paid a net amount of tax was $66110.
The average net tax paid was $14,009. This equates to an average tax of 29 cents in the dollar on taxable income.
The Medicare levy was paid by 270 people for an average of $991. 10 people paid $1,050 on average more for the Medicare surcharge.
395 people earned a salary or wage and took home an average of $42,157 each.
Government allowance and payments were collected by 105 people for on average $7,701. 20 people received the pension or other allowance.
Charitable gifts and donations of an average of $379 were made by 45 people.
The costs of tax affairs for 285 people were claimed for $346 each.