TaxStats for postcode 5016 FY2013

Postcode 5016 includes Largs Bay, Largs North, Peterhead in South Australia, and is in the federal electorate of Port Adelaide.

In FY 2013 the ATO recorded 4,730 individuals in postcode 5016. Of these people, 4,725 made a taxable income or loss. 4,015 of the population paid a gross amount of tax. After tax offsets, 3,740 people actually paid a net amount of tax. There were 985 non-taxable people who paid net tax of $0.

Compare TaxStats of 5016 with SA

5016 TaxStats FY2013%Ppl#Ppl5016
Total Individuals100%4,730
Salary or Wage 84%3,970$53,857$213,812,576
Gross Interest54%2,540$1,319$3,350,268
Unfranked Dividends8%390$448$174,608
Franked Dividends19%915$5,289$4,839,516
Dividend Franking Credit19%910$2,271$2,066,792
Capital Gains3%140$8,456$1,183,838
Termination Payouts2%75$13,296$997,210
Tips/Directors Fees etc18%840$3,086$2,592,556
Business Income8%360$21,039$7,573,882
Foreign Income5%215$329$70,689
Government payments7%345$5,224$1,802,451
Government pensions6%275$9,031$2,483,585
Total Income or Loss100%4,725$54,569$257,840,364
Charitable Gifts40%1,895$298$565,532
Cost of Tax Affairs50%2,375$240$570,824
Work Car expenses29%1,375$2,185$3,004,239
Work Travel expenses8%360$1,880$676,887
Self Education expenses4%170$1,398$237,739
Total Deductions86%4,080$2,486$10,143,934
Taxable Income100%4,725$52,400$247,587,658
Medicare Levy 76%3,610$935$3,376,323
Medicare Surcharge 1%40$1,026$41,040
Gross Tax 85%4,015$11,873$47,668,834
Net Tax 79%3,740$12,936$48,382,390
Average Tax 100%4,730 $10,229$48,382,390
Gross Tax Rate 85%4,015 23%$47,668,834
Net Tax Rate 79%3,740 25%$48,382,390
Average Tax Rate 100%4,730 20%$48,382,390
%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 $52,400. It is estimated that the average taxable income for people who paid a net amount of tax was $63039.

The average net tax paid was $12,936. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 3,610 people for an average of $935. 40 people paid $1,026 on average more for the Medicare surcharge.

3,970 people earned a salary or wage and took home an average of $53,857 each.

Government allowance and payments were collected by 345 people for on average $5,224. 275 people received the pension or other allowance.

Charitable gifts and donations of an average of $298 were made by 1,895 people.

The costs of tax affairs for 2,375 people were claimed for $240 each.