TaxStats for postcode 5112 FY2013
Postcode 5112 includes Elizabeth, Elizabeth East, Elizabeth Grove, Elizabeth South, Elizabeth Vale, Hillbank in South Australia, and is in the federal electorate of Wakefield.
In FY 2013 the ATO recorded 7,525 individuals in postcode 5112. Of these people, 7,500 made a taxable income or loss. 6,225 of the population paid a gross amount of tax. After tax offsets, 5,625 people actually paid a net amount of tax. There were 1,875 non-taxable people who paid net tax of $0.
Compare TaxStats of 5112 with SA
| 5112 TaxStats FY2013 | %Ppl | #Ppl | 5112 Avg | 5112 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 7,525 | ||
| Income | ||||
| Salary or Wage | 84% | 6,350 | $43,110 | $273,747,038 |
| Gross Interest | 42% | 3,135 | $971 | $3,042,738 |
| Unfranked Dividends | 4% | 305 | $285 | $86,810 |
| Franked Dividends | 10% | 770 | $1,848 | $1,422,966 |
| Dividend Franking Credit | 10% | 765 | $797 | $609,865 |
| Capital Gains | 1% | 105 | $5,193 | $545,252 |
| Termination Payouts | 1% | 110 | $6,367 | $700,340 |
| Tips/Directors Fees etc | 17% | 1,250 | $2,082 | $2,602,777 |
| Business Income | 6% | 455 | $19,878 | $9,044,351 |
| Foreign Income | 2% | 180 | $1,003 | $180,518 |
| Government payments | 14% | 1,080 | $5,843 | $6,310,940 |
| Government pensions | 9% | 640 | $9,038 | $5,784,434 |
| Total Income or Loss | 100% | 7,505 | $42,654 | $320,118,797 |
| Deducations | ||||
| Charitable Gifts | 34% | 2,545 | $178 | $453,502 |
| Cost of Tax Affairs | 46% | 3,440 | $207 | $711,060 |
| Work Car expenses | 24% | 1,800 | $2,126 | $3,826,452 |
| Work Travel expenses | 6% | 450 | $1,986 | $893,573 |
| Self Education expenses | 3% | 260 | $1,380 | $358,849 |
| Total Deductions | 85% | 6,405 | $1,795 | $11,499,750 |
| Taxation | ||||
| Taxable Income | 100% | 7,500 | $41,118 | $308,385,154 |
| Medicare Levy | 70% | 5,290 | $743 | $3,931,941 |
| Medicare Surcharge | 1% | 55 | $1,129 | $62,086 |
| Gross Tax | 83% | 6,225 | $7,572 | $47,137,399 |
| Net Tax | 75% | 5,625 | $8,407 | $47,287,216 |
| Average Tax | 100% | 7,525 | $6,284 | $47,287,216 |
| Gross Tax Rate | 83% | 6,225 | 18% | $47,137,399 |
| Net Tax Rate | 75% | 5,625 | 20% | $47,287,216 |
| Average Tax Rate | 100% | 7,525 | 15% | $47,287,216 |
| %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 $41,118. It is estimated that the average taxable income for people who paid a net amount of tax was $50824.
The average net tax paid was $8,407. This equates to an average tax of 20 cents in the dollar on taxable income.
The Medicare levy was paid by 5,290 people for an average of $743. 55 people paid $1,129 on average more for the Medicare surcharge.
6,350 people earned a salary or wage and took home an average of $43,110 each.
Government allowance and payments were collected by 1,080 people for on average $5,843. 640 people received the pension or other allowance.
Charitable gifts and donations of an average of $178 were made by 2,545 people.
The costs of tax affairs for 3,440 people were claimed for $207 each.