TaxStats for postcode 5271 FY2013

Postcode 5271 includes Bool Lagoon, Cadgee, Joanna, Keppoch, Koppamurra, Laurie Park, Lochaber, Marcollat, Mount Light, Moyhall, Naracoorte, Padthaway, Spence, Stewart Range, Struan, The Gap, Wild Dog Valley, Wrattonbully in South Australia, and is in the federal electorate of Barker.

In FY 2013 the ATO recorded 4,875 individuals in postcode 5271. Of these people, 4,790 made a taxable income or loss. 3,685 of the population paid a gross amount of tax. After tax offsets, 3,340 people actually paid a net amount of tax. There were 1,450 non-taxable people who paid net tax of $0.

Compare TaxStats of 5271 with SA

5271 TaxStats FY2013%Ppl#Ppl5271
Total Individuals100%4,875
Salary or Wage 74%3,595$40,085$144,107,155
Gross Interest61%2,950$1,843$5,436,090
Unfranked Dividends16%785$473$370,956
Franked Dividends27%1,325$6,996$9,269,341
Dividend Franking Credit27%1,320$3,009$3,971,359
Capital Gains7%340$4,820$1,638,690
Termination Payouts1%25$1,998$49,959
Tips/Directors Fees etc13%620$2,532$1,569,677
Business Income7%360$7,582$2,729,565
Foreign Income8%385$191$73,480
Government payments7%340$5,649$1,920,627
Government pensions6%295$9,857$2,907,893
Total Income or Loss100%4,855$42,871$208,140,367
Charitable Gifts21%1,010$385$389,222
Cost of Tax Affairs36%1,765$285$503,285
Work Car expenses21%1,045$2,109$2,204,176
Work Travel expenses7%325$2,133$693,342
Self Education expenses3%135$1,257$169,666
Total Deductions77%3,755$2,703$10,150,908
Taxable Income98%4,790$40,752$195,200,921
Medicare Levy 64%3,120$814$2,539,188
Medicare Surcharge 1%45$1,425$64,103
Gross Tax 76%3,685$9,117$33,594,667
Net Tax 69%3,340$10,134$33,847,426
Average Tax 100%4,875 $6,943$33,847,426
Gross Tax Rate 76%3,685 22%$33,594,667
Net Tax Rate 69%3,340 25%$33,847,426
Average Tax Rate 100%4,875 17%$33,847,426
%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 $40,752. It is estimated that the average taxable income for people who paid a net amount of tax was $53234.

The average net tax paid was $10,134. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 3,120 people for an average of $814. 45 people paid $1,425 on average more for the Medicare surcharge.

3,595 people earned a salary or wage and took home an average of $40,085 each.

Government allowance and payments were collected by 340 people for on average $5,649. 295 people received the pension or other allowance.

Charitable gifts and donations of an average of $385 were made by 1,010 people.

The costs of tax affairs for 1,765 people were claimed for $285 each.