TaxStats for postcode 5554 FY2013
Postcode 5554 includes Boors Plain, Cunliffe, Jericho, Jerusalem, Kadina, Matta Flat, New Town, Thomas Plain, Thomas Plains, Wallaroo Mines, Willamulka in South Australia, and is in the federal electorate of Grey.
In FY 2013 the ATO recorded 2,745 individuals in postcode 5554. Of these people, 2,730 made a taxable income or loss. 2,210 of the population paid a gross amount of tax. After tax offsets, 2,010 people actually paid a net amount of tax. There were 720 non-taxable people who paid net tax of $0.
Compare TaxStats of 5554 with SA
| 5554 TaxStats FY2013 | %Ppl | #Ppl | 5554 Avg | 5554 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 2,745 | ||
| Income | ||||
| Salary or Wage | 73% | 2,005 | $42,712 | $85,637,495 |
| Gross Interest | 60% | 1,645 | $2,114 | $3,477,295 |
| Unfranked Dividends | 15% | 400 | $233 | $93,284 |
| Franked Dividends | 26% | 705 | $5,318 | $3,749,272 |
| Dividend Franking Credit | 26% | 705 | $2,271 | $1,601,246 |
| Capital Gains | 8% | 225 | $13,869 | $3,120,519 |
| Termination Payouts | 1% | 20 | $7,857 | $157,139 |
| Tips/Directors Fees etc | 16% | 450 | $1,865 | $839,271 |
| Business Income | 8% | 230 | $21,812 | $5,016,797 |
| Foreign Income | 7% | 195 | $380 | $74,176 |
| Government payments | 9% | 255 | $5,154 | $1,314,184 |
| Government pensions | 7% | 205 | $9,966 | $2,043,006 |
| Total Income or Loss | 100% | 2,740 | $50,227 | $137,622,287 |
| Deducations | ||||
| Charitable Gifts | 25% | 680 | $342 | $232,681 |
| Cost of Tax Affairs | 42% | 1,145 | $321 | $367,417 |
| Work Car expenses | 20% | 555 | $1,988 | $1,103,342 |
| Work Travel expenses | 7% | 195 | $1,753 | $341,929 |
| Self Education expenses | 3% | 95 | $1,486 | $141,201 |
| Total Deductions | 81% | 2,225 | $2,716 | $6,043,101 |
| Taxation | ||||
| Taxable Income | 99% | 2,730 | $47,952 | $130,907,943 |
| Medicare Levy | 70% | 1,915 | $911 | $1,744,958 |
| Medicare Surcharge | 1% | 40 | $1,137 | $45,478 |
| Gross Tax | 81% | 2,210 | $11,085 | $24,498,084 |
| Net Tax | 73% | 2,010 | $12,165 | $24,451,173 |
| Average Tax | 100% | 2,745 | $8,908 | $24,451,173 |
| Gross Tax Rate | 81% | 2,210 | 23% | $24,498,084 |
| Net Tax Rate | 73% | 2,010 | 25% | $24,451,173 |
| Average Tax Rate | 100% | 2,745 | 19% | $24,451,173 |
| %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 $47,952. It is estimated that the average taxable income for people who paid a net amount of tax was $60830.
The average net tax paid was $12,165. This equates to an average tax of 25 cents in the dollar on taxable income.
The Medicare levy was paid by 1,915 people for an average of $911. 40 people paid $1,137 on average more for the Medicare surcharge.
2,005 people earned a salary or wage and took home an average of $42,712 each.
Government allowance and payments were collected by 255 people for on average $5,154. 205 people received the pension or other allowance.
Charitable gifts and donations of an average of $342 were made by 680 people.
The costs of tax affairs for 1,145 people were claimed for $321 each.