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#Ppl0854
Avg
0854
Total
Total Individuals100%425
Income
Salary or Wage 93%395$42,157$16,652,149
Gross Interest27%115$1,390$159,807
Unfranked Dividends2%10$233$2,329
Franked Dividends5%20$39,350$787,000
Dividend Franking Credit5%20$16,864$337,279
Capital Gains1%5$33$163
Termination Payouts1%5$8,107$40,533
Tips/Directors Fees etc6%25$8,008$200,205
Business Income4%15$5,864$87,962
Foreign Income1%5$128$641
Government payments25%105$7,701$808,600
Government pensions5%20$11,005$220,094
Total Income or Loss100%425$49,008$20,828,401
Deducations
Charitable Gifts11%45$379$17,038
Cost of Tax Affairs67%285$346$98,655
Work Car expenses9%40$3,336$133,453
Work Travel expenses5%20$4,965$99,298
Self Education expenses2%10$1,558$15,576
Total Deductions88%375$1,529$573,293
Taxation
Taxable Income99%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.