TaxStats for postcode 5155 FY2013

Postcode 5155 includes Bridgewater, Mount George in South Australia, and is in the federal electorate of Mayo.

In FY 2013 the ATO recorded 2,375 individuals in postcode 5155. Of these people, 2,370 made a taxable income or loss. 2,000 of the population paid a gross amount of tax. After tax offsets, 1,865 people actually paid a net amount of tax. There were 505 non-taxable people who paid net tax of $0.

Compare TaxStats of 5155 with SA

5155 TaxStats FY2013%Ppl#Ppl5155
Avg
5155
Total
Total Individuals100%2,375
Income
Salary or Wage 79%1,875$54,762$102,679,472
Gross Interest63%1,505$1,613$2,428,030
Unfranked Dividends10%245$390$95,631
Franked Dividends24%575$4,669$2,684,485
Dividend Franking Credit24%570$2,018$1,150,004
Capital Gains4%105$6,259$657,172
Termination Payouts1%30$18,631$558,918
Tips/Directors Fees etc16%370$3,302$1,221,824
Business Income13%310$28,701$8,897,274
Foreign Income7%175$739$129,302
Government payments6%140$5,400$755,968
Government pensions5%115$8,664$996,319
Total Income or Loss100%2,370$57,533$136,352,829
Deducations
Charitable Gifts37%870$424$368,571
Cost of Tax Affairs44%1,035$349$361,432
Work Car expenses28%665$2,138$1,421,677
Work Travel expenses8%185$1,155$213,761
Self Education expenses4%85$1,642$139,578
Total Deductions83%1,965$2,691$5,288,587
Taxation
Taxable Income100%2,370$55,263$130,973,704
Medicare Levy 76%1,810$1,006$1,821,644
Medicare Surcharge 1%30$1,262$37,845
Gross Tax 84%2,000$13,437$26,874,095
Net Tax 79%1,865$14,767$27,540,551
Average Tax 100%2,375 $11,596$27,540,551
Gross Tax Rate 84%2,000 24%$26,874,095
Net Tax Rate 79%1,865 27%$27,540,551
Average Tax Rate 100%2,375 21%$27,540,551
%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 $55,263. It is estimated that the average taxable income for people who paid a net amount of tax was $66978.

The average net tax paid was $14,767. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 1,810 people for an average of $1,006. 30 people paid $1,262 on average more for the Medicare surcharge.

1,875 people earned a salary or wage and took home an average of $54,762 each.

Government allowance and payments were collected by 140 people for on average $5,400. 115 people received the pension or other allowance.

Charitable gifts and donations of an average of $424 were made by 870 people.

The costs of tax affairs for 1,035 people were claimed for $349 each.