TaxStats for postcode 5540 FY2013
Postcode 5540 includes Bungama, Coonamia, Lower Broughton, Napperby, Nelshaby, Pirie East, Port Davis, Port Pirie, Port Pirie South, Port Pirie West, Risdon Park, Risdon Park South, Solomontown, Telowie, Warnertown in South Australia, and is in the federal electorate of Grey.
In FY 2013 the ATO recorded 6,965 individuals in postcode 5540. Of these people, 6,940 made a taxable income or loss. 5,575 of the population paid a gross amount of tax. After tax offsets, 5,030 people actually paid a net amount of tax. There were 1,910 non-taxable people who paid net tax of $0.
Compare TaxStats of 5540 with SA
| 5540 TaxStats FY2013 | %Ppl | #Ppl | 5540 Avg | 5540 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 6,965 | ||
| Income | ||||
| Salary or Wage | 83% | 5,755 | $48,430 | $278,713,660 |
| Gross Interest | 51% | 3,530 | $1,313 | $4,636,003 |
| Unfranked Dividends | 10% | 725 | $422 | $305,973 |
| Franked Dividends | 17% | 1,160 | $3,322 | $3,853,475 |
| Dividend Franking Credit | 17% | 1,155 | $1,428 | $1,648,864 |
| Capital Gains | 3% | 220 | $8,570 | $1,885,468 |
| Termination Payouts | 1% | 60 | $7,514 | $450,849 |
| Tips/Directors Fees etc | 16% | 1,120 | $1,899 | $2,127,292 |
| Business Income | 6% | 425 | $19,671 | $8,360,188 |
| Foreign Income | 4% | 275 | $341 | $93,885 |
| Government payments | 12% | 850 | $5,747 | $4,884,884 |
| Government pensions | 8% | 560 | $9,857 | $5,519,734 |
| Total Income or Loss | 100% | 6,950 | $48,370 | $336,170,943 |
| Deducations | ||||
| Charitable Gifts | 27% | 1,900 | $261 | $495,725 |
| Cost of Tax Affairs | 49% | 3,425 | $205 | $702,836 |
| Work Car expenses | 25% | 1,710 | $1,775 | $3,035,174 |
| Work Travel expenses | 8% | 565 | $1,631 | $921,736 |
| Self Education expenses | 3% | 225 | $1,831 | $412,006 |
| Total Deductions | 83% | 5,750 | $2,160 | $12,421,700 |
| Taxation | ||||
| Taxable Income | 100% | 6,940 | $46,606 | $323,442,215 |
| Medicare Levy | 68% | 4,770 | $893 | $4,260,757 |
| Medicare Surcharge | 1% | 75 | $1,341 | $100,553 |
| Gross Tax | 80% | 5,575 | $10,469 | $58,365,801 |
| Net Tax | 72% | 5,030 | $11,816 | $59,433,783 |
| Average Tax | 100% | 6,965 | $8,533 | $59,433,783 |
| Gross Tax Rate | 80% | 5,575 | 22% | $58,365,801 |
| Net Tax Rate | 72% | 5,030 | 25% | $59,433,783 |
| Average Tax Rate | 100% | 6,965 | 18% | $59,433,783 |
| %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 $46,606. It is estimated that the average taxable income for people who paid a net amount of tax was $59746.
The average net tax paid was $11,816. This equates to an average tax of 25 cents in the dollar on taxable income.
The Medicare levy was paid by 4,770 people for an average of $893. 75 people paid $1,341 on average more for the Medicare surcharge.
5,755 people earned a salary or wage and took home an average of $48,430 each.
Government allowance and payments were collected by 850 people for on average $5,747. 560 people received the pension or other allowance.
Charitable gifts and donations of an average of $261 were made by 1,900 people.
The costs of tax affairs for 3,425 people were claimed for $205 each.