TaxStats for postcode 5576 FY2013

Postcode 5576 includes Honiton, Port Moorowie, Yorketown in South Australia, and is in the federal electorate of Grey.

In FY 2013 the ATO recorded 630 individuals in postcode 5576. Of these people, 630 made a taxable income or loss. 480 of the population paid a gross amount of tax. After tax offsets, 425 people actually paid a net amount of tax. There were 205 non-taxable people who paid net tax of $0.

Compare TaxStats of 5576 with SA

5576 TaxStats FY2013%Ppl#Ppl5576
Total Individuals100%630
Salary or Wage 63%395$39,633$15,655,000
Gross Interest69%435$3,334$1,450,391
Unfranked Dividends17%110$249$27,369
Franked Dividends31%195$2,545$496,259
Dividend Franking Credit31%195$1,089$212,347
Capital Gains11%70$16,477$1,153,356
Termination Payouts1%5$1,075$5,377
Tips/Directors Fees etc13%85$2,828$240,405
Business Income13%80$18,582$1,486,553
Foreign Income10%65$713$46,341
Government payments10%65$5,917$384,636
Government pensions7%45$10,172$457,756
Total Income or Loss100%630$46,381$29,219,981
Charitable Gifts23%145$224$32,414
Cost of Tax Affairs41%260$297$77,310
Work Car expenses18%115$1,921$220,905
Work Travel expenses6%35$915$32,040
Self Education expenses3%20$1,101$22,020
Total Deductions74%465$3,676$1,709,198
Taxable Income100%630$43,580$27,455,267
Medicare Levy 64%405$910$368,402
Medicare Surcharge 2%10$1,165$11,647
Gross Tax 76%480$10,758$5,163,706
Net Tax 67%425$11,953$5,080,073
Average Tax 100%630 $8,064$5,080,073
Gross Tax Rate 76%480 25%$5,163,706
Net Tax Rate 67%425 27%$5,080,073
Average Tax Rate 100%630 19%$5,080,073
%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 $43,580. It is estimated that the average taxable income for people who paid a net amount of tax was $58812.

The average net tax paid was $11,953. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 405 people for an average of $910. 10 people paid $1,165 on average more for the Medicare surcharge.

395 people earned a salary or wage and took home an average of $39,633 each.

Government allowance and payments were collected by 65 people for on average $5,917. 45 people received the pension or other allowance.

Charitable gifts and donations of an average of $224 were made by 145 people.

The costs of tax affairs for 260 people were claimed for $297 each.