Imagine the 15 million individuals who lodged tax returns for the 2019–20 income year were represented as 100 people.
51 tax returns were from males and 49 from females.
Across Australia:
- 31 were from New South Wales
- 26 were from Victoria
- 20 were from Queensland
- 11 were from Western Australia
- 7 were from South Australia
- 2 were from Tasmania
- 2 were from the Australian Capital Territory
- 1 were from the Northern Territory
- 1 were from overseas or an unknown address.
We received tax returns from 5 generations:
- 12 from generation Z (born from 1996 to 2009)
- 35 from generation Y (born from 1980 to 1995)
- 31 from generation X (born from 1963 to 1979)
- 18 from the baby boomer generation (born from 1946 to 1962)
- 4 from the silent generation (1945 or earlier).
People lodged their tax returns in different ways:
- 65 through a tax agent
- 34 using myTax
- 1 by paper.
We received tax returns from people in a range of occupations:
- 39 were white collar workers
- 24 were blue collar workers
- 16 came from the service sector
- 21 didn't specify their occupation or had no occupation.
29 people claimed a deduction for a donation they made to charity.
6 people declared capital gains.
63 people claimed work-related expenses, of whom:
- 19 claimed under $500
- 11 claimed between $500 and $1,000
- 33 claimed over $1,000.
15 people earned rental income of whom:
- 8 had a net rental loss
- 7 had a net rental profit.
After we assessed the tax returns:
- 79 people received a refund
- 13 people owed tax
- 8 people's returns balanced perfectly.
10 people operated a business in their own name, of whom:
- 8 made a profit
- 2 made a loss.
If we rank our 100 people by their taxable incomes:
- the 3 people with the top taxable incomes paid 29% of all net tax
- the next 6 paid 19% of all net tax
- the next 31 paid 40% of all net tax
- the next 35 paid 12% of all net tax
- the final 25 didn't pay any tax.
See also