On Friday, the ATO released ‘100 People,’ a representation of all the individual taxpayers in Australia as though they were just one hundred people.
The numbers are drawn on information from Taxation statistics 2008-09, which is summary of tax returns, and other tax data for that financial year.
Twelve point three million people sent their tax returns to us in the 2009 income year. Below we represent the millions of tax returns we received as 100 people.
We received 52 from males and 48 from females.
We received tax returns from five different generations:
- 6 from generation Z
- 21 from generation Y
- 33 from generation X
- 30 from baby boomers
- 10 from seniors.
People lodged their tax returns in different ways:
- 71 through a tax agent
- 19 using e-tax
- 10 by paper.
After we assessed the tax returns:
- 84 people received a refund
- 12 people owed tax
- 4 balanced perfectly.
Ten people received the government superannuation co-contribution.
Eight people operated a business in their own name
- 2 made a loss
- 6 made a profit.
Below we show the proportion of all net tax paid when we ranked our 100 people by their taxable incomes.
- People with the top three taxable incomes paid 31% of all net tax.
- The next six paid 18% of all net tax.
- The next 31 paid 41% of all net tax.
- The next 35 paid 10% of all net tax.
- The last 25 didn’t pay any tax.
The above is copied from the presentation at the ATO website. ‘100 People’ can be viewed in it’s entirety at www.ato.gov.au/100people
“The aim of the ‘100 People’ concept is to provide an easy to understand and entertaining insight into taxation system statistics,” Tax Commissioner, Mr D’Ascenzo said.
“This new concept gives people a better understanding of our country’s tax system. It’s a good way for people to get a greater appreciation of how our community is represented in our tax system and also allows people to see how their personal circumstances fit in with everyone else’s.
“‘100 People’ shows, for instance, which states and territories taxpayers live in, their broad occupational groupings, which generations they belong to, how many have car salary packaging, who pays the majority of the income tax and how many people make tax-deductible gifts.
“I encourage the community to take advantage of this innovative and informative resource.”
IMHO, I think the concept of making plain the Tax Stats for the general public is a great idea. I look forward to more like this! What do you think?
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