TaxStats for postcode 5255 FY2013

Postcode 5255 includes Angas Plains, Angas Plains, Belvidere, Belvidere, Bletchley, Bletchley, Finniss, Finniss, Gemmells, Gemmells, Hartley, Hartley, Highland Valley, Highland Valley, Lake Plains, Lake Plains, Langhorne Creek, Langhorne Creek, Mount Observation, Mount Observation, Mulgundawa, Nalpa, Red Creek, Red Creek, Salem, Salem, Sandergrove, Sandergrove, Strathalbyn, Strathalbyn, Tooperang, Tooperang, Willyaroo, Willyaroo, Woodchester, Woodchester in South Australia, and is in the federal electorate of Mayo.

In FY 2013 the ATO recorded 4,870 individuals in postcode 5255. Of these people, 4,835 made a taxable income or loss. 3,820 of the population paid a gross amount of tax. After tax offsets, 3,445 people actually paid a net amount of tax. There were 1,390 non-taxable people who paid net tax of $0.

Compare TaxStats of 5255 with SA

5255 TaxStats FY2013%Ppl#Ppl5255
Avg
5255
Total
Total Individuals100%4,870
Income
Salary or Wage 73%3,575$45,434$162,427,865
Gross Interest59%2,855$2,022$5,773,600
Unfranked Dividends13%610$368$224,306
Franked Dividends24%1,160$5,802$6,730,121
Dividend Franking Credit24%1,155$2,497$2,884,245
Capital Gains6%275$7,781$2,139,816
Termination Payouts1%50$7,373$368,669
Tips/Directors Fees etc16%770$2,110$1,624,539
Business Income11%525$14,690$7,712,470
Foreign Income6%295$834$246,059
Government payments7%320$5,053$1,617,044
Government pensions8%375$9,264$3,474,171
Total Income or Loss100%4,855$46,199$224,295,597
Deducations
Charitable Gifts27%1,330$390$518,467
Cost of Tax Affairs46%2,220$318$705,511
Work Car expenses23%1,100$2,181$2,399,267
Work Travel expenses6%300$2,430$729,021
Self Education expenses3%160$1,267$202,748
Total Deductions80%3,915$2,641$10,338,564
Taxation
Taxable Income99%4,835$43,990$212,689,821
Medicare Levy 68%3,315$853$2,827,732
Medicare Surcharge 1%60$1,116$66,960
Gross Tax 78%3,820$9,830$37,549,274
Net Tax 71%3,445$10,908$37,578,157
Average Tax 100%4,870 $7,716$37,578,157
Gross Tax Rate 78%3,820 22%$37,549,274
Net Tax Rate 71%3,445 25%$37,578,157
Average Tax Rate 100%4,870 18%$37,578,157
%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 $43,990. It is estimated that the average taxable income for people who paid a net amount of tax was $56897.

The average net tax paid was $10,908. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 3,315 people for an average of $853. 60 people paid $1,116 on average more for the Medicare surcharge.

3,575 people earned a salary or wage and took home an average of $45,434 each.

Government allowance and payments were collected by 320 people for on average $5,053. 375 people received the pension or other allowance.

Charitable gifts and donations of an average of $390 were made by 1,330 people.

The costs of tax affairs for 2,220 people were claimed for $318 each.