TaxStats for postcode 5360 FY2013

Postcode 5360 includes Greenock, Greenock, Nain, Nain in South Australia, and is in the federal electorate of Wakefield.

In FY 2013 the ATO recorded 750 individuals in postcode 5360. Of these people, 740 made a taxable income or loss. 590 of the population paid a gross amount of tax. After tax offsets, 530 people actually paid a net amount of tax. There were 210 non-taxable people who paid net tax of $0.

Compare TaxStats of 5360 with SA

5360 TaxStats FY2013%Ppl#Ppl5360
Avg
5360
Total
Total Individuals100%750
Income
Salary or Wage 75%560$48,431$27,121,118
Gross Interest73%545$1,462$796,847
Unfranked Dividends15%110$397$43,695
Franked Dividends27%205$4,715$966,654
Dividend Franking Credit27%200$2,071$414,132
Capital Gains6%45$9,871$444,209
Termination Payouts1%5$16,920$84,598
Tips/Directors Fees etc15%110$2,015$221,659
Business Income11%80$10,528$842,263
Foreign Income9%65$268$17,401
Government payments5%40$5,198$207,907
Government pensions5%40$9,786$391,428
Total Income or Loss100%750$47,680$35,760,049
Deducations
Charitable Gifts34%255$390$99,366
Cost of Tax Affairs48%360$335$120,444
Work Car expenses27%205$1,945$398,730
Work Travel expenses6%45$2,409$108,425
Self Education expenses3%20$1,322$26,449
Total Deductions81%605$2,616$1,582,680
Taxation
Taxable Income99%740$45,882$33,952,957
Medicare Levy 69%520$883$459,326
Medicare Surcharge 1%5$1,832$9,159
Gross Tax 79%590$10,415$6,145,043
Net Tax 71%530$11,799$6,253,370
Average Tax 100%750 $8,338$6,253,370
Gross Tax Rate 79%590 23%$6,145,043
Net Tax Rate 71%530 26%$6,253,370
Average Tax Rate 100%750 18%$6,253,370
%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 $45,882. It is estimated that the average taxable income for people who paid a net amount of tax was $59307.

The average net tax paid was $11,799. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 520 people for an average of $883. 5 people paid $1,832 on average more for the Medicare surcharge.

560 people earned a salary or wage and took home an average of $48,431 each.

Government allowance and payments were collected by 40 people for on average $5,198. 40 people received the pension or other allowance.

Charitable gifts and donations of an average of $390 were made by 255 people.

The costs of tax affairs for 360 people were claimed for $335 each.