TaxStats for postcode 0860 FY2013

Postcode 0860 includes Tennant Creek, Tennant Creek, Tennant Creek in Northern Territory, and is in the federal electorate of Lingiari.

In FY 2013 the ATO recorded 855 individuals in postcode 0860. Of these people, 855 made a taxable income or loss. 765 of the population paid a gross amount of tax. After tax offsets, 720 people actually paid a net amount of tax. There were 135 non-taxable people who paid net tax of $0.

Compare TaxStats of 0860 with NT

0860 TaxStats FY2013%Ppl#Ppl0860
Total Individuals100%855
Salary or Wage 94%800$56,815$45,451,656
Gross Interest38%325$1,259$409,247
Unfranked Dividends5%45$275$12,380
Franked Dividends11%95$4,549$432,155
Dividend Franking Credit11%95$1,949$185,120
Capital Gains2%15$20,916$313,742
Termination Payouts1%5$9,490$47,450
Tips/Directors Fees etc20%170$2,993$508,867
Business Income6%50$-37,284$-1,864,216
Foreign Income2%15$346$5,195
Government payments7%60$5,480$328,778
Government pensions2%20$10,931$218,620
Total Income or Loss100%855$57,589$49,238,781
Charitable Gifts39%335$412$138,148
Cost of Tax Affairs67%575$290$166,873
Work Car expenses26%225$2,642$594,398
Work Travel expenses15%125$3,019$377,419
Self Education expenses6%50$2,364$118,182
Total Deductions92%790$3,372$2,663,698
Taxable Income100%855$54,438$46,544,733
Medicare Levy 82%705$929$654,630
Medicare Surcharge 5%40$1,141$45,641
Gross Tax 89%765$11,717$8,963,428
Net Tax 84%720$11,699$8,423,486
Average Tax 100%855 $9,852$8,423,486
Gross Tax Rate 89%765 22%$8,963,428
Net Tax Rate 84%720 21%$8,423,486
Average Tax Rate 100%855 18%$8,423,486
%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 $54,438. It is estimated that the average taxable income for people who paid a net amount of tax was $62395.

The average net tax paid was $11,699. This equates to an average tax of 21 cents in the dollar on taxable income.

The Medicare levy was paid by 705 people for an average of $929. 40 people paid $1,141 on average more for the Medicare surcharge.

800 people earned a salary or wage and took home an average of $56,815 each.

Government allowance and payments were collected by 60 people for on average $5,480. 20 people received the pension or other allowance.

Charitable gifts and donations of an average of $412 were made by 335 people.

The costs of tax affairs for 575 people were claimed for $290 each.