TaxStats for postcode 5280 FY2013

Postcode 5280 includes Beachport, Clay Wells, Furner, German Creek, German Flat, Hatherleigh, Kangaroo Inn, Magarey, Millicent, Rendelsham, Rocky Camp, Sebastopol, Southend, Tantanoola, Thornlea, Wattle Range in South Australia, and is in the federal electorate of Barker.

In FY 2013 the ATO recorded 4,100 individuals in postcode 5280. Of these people, 4,055 made a taxable income or loss. 3,065 of the population paid a gross amount of tax. After tax offsets, 2,760 people actually paid a net amount of tax. There were 1,295 non-taxable people who paid net tax of $0.

Compare TaxStats of 5280 with SA

5280 TaxStats FY2013%Ppl#Ppl5280
Avg
5280
Total
Total Individuals100%4,100
Income
Salary or Wage 74%3,020$43,240$130,584,882
Gross Interest57%2,355$2,031$4,783,638
Unfranked Dividends13%540$348$188,029
Franked Dividends24%980$6,091$5,969,626
Dividend Franking Credit24%980$2,610$2,557,423
Capital Gains6%235$4,473$1,051,063
Termination Payouts1%35$16,787$587,529
Tips/Directors Fees etc16%660$1,610$1,062,456
Business Income8%320$9,734$3,114,837
Foreign Income6%230$218$50,069
Government payments9%355$5,673$2,014,044
Government pensions6%260$9,164$2,382,572
Total Income or Loss100%4,080$44,063$179,776,197
Deducations
Charitable Gifts21%860$285$245,135
Cost of Tax Affairs37%1,505$274$411,646
Work Car expenses24%980$2,074$2,032,230
Work Travel expenses5%220$1,946$428,122
Self Education expenses4%165$1,619$267,182
Total Deductions75%3,085$2,623$8,092,107
Taxation
Taxable Income99%4,055$42,133$170,850,041
Medicare Levy 64%2,640$866$2,286,874
Medicare Surcharge 1%40$1,285$51,389
Gross Tax 75%3,065$10,100$30,955,949
Net Tax 67%2,760$11,277$31,123,627
Average Tax 100%4,100 $7,591$31,123,627
Gross Tax Rate 75%3,065 24%$30,955,949
Net Tax Rate 67%2,760 27%$31,123,627
Average Tax Rate 100%4,100 18%$31,123,627
%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 $42,133. It is estimated that the average taxable income for people who paid a net amount of tax was $56272.

The average net tax paid was $11,277. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 2,640 people for an average of $866. 40 people paid $1,285 on average more for the Medicare surcharge.

3,020 people earned a salary or wage and took home an average of $43,240 each.

Government allowance and payments were collected by 355 people for on average $5,673. 260 people received the pension or other allowance.

Charitable gifts and donations of an average of $285 were made by 860 people.

The costs of tax affairs for 1,505 people were claimed for $274 each.