TaxStats for postcode 5114 FY2013

Postcode 5114 includes Andrews Farm, Blakeview, Craigmore, Gould Creek, Humbug Scrub, One Tree Hill, Sampson Flat, Smithfield, Smithfield Plains, Smithfield West, Uleybury, Yattalunga in South Australia, and is in the federal electorate of Wakefield.

In FY 2013 the ATO recorded 16,160 individuals in postcode 5114. Of these people, 16,100 made a taxable income or loss. 13,630 of the population paid a gross amount of tax. After tax offsets, 12,665 people actually paid a net amount of tax. There were 3,435 non-taxable people who paid net tax of $0.

Compare TaxStats of 5114 with SA

5114 TaxStats FY2013%Ppl#Ppl5114
Avg
5114
Total
Total Individuals100%16,160
Income
Salary or Wage 88%14,190$46,636$661,763,090
Gross Interest42%6,800$808$5,494,258
Unfranked Dividends3%555$337$186,785
Franked Dividends9%1,535$3,514$5,394,271
Dividend Franking Credit9%1,520$1,520$2,310,015
Capital Gains2%265$7,710$2,043,251
Termination Payouts2%285$4,917$1,401,368
Tips/Directors Fees etc19%3,150$2,301$7,246,745
Business Income6%985$17,196$16,938,355
Foreign Income2%310$1,146$355,244
Government payments10%1,675$5,316$8,903,577
Government pensions5%880$9,079$7,989,495
Total Income or Loss100%16,105$46,924$755,717,819
Deducations
Charitable Gifts34%5,435$192$1,043,011
Cost of Tax Affairs45%7,250$215$1,562,047
Work Car expenses29%4,650$2,112$9,821,508
Work Travel expenses7%1,105$2,235$2,469,485
Self Education expenses4%640$1,215$777,404
Total Deductions87%14,010$2,047$28,677,747
Taxation
Taxable Income100%16,100$45,146$726,848,063
Medicare Levy 73%11,860$796$9,437,176
Medicare Surcharge 1%115$1,113$128,017
Gross Tax 84%13,630$8,877$120,998,246
Net Tax 78%12,665$9,739$123,342,826
Average Tax 100%16,160 $7,633$123,342,826
Gross Tax Rate 84%13,630 20%$120,998,246
Net Tax Rate 78%12,665 22%$123,342,826
Average Tax Rate 100%16,160 17%$123,342,826
%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 $45,146. It is estimated that the average taxable income for people who paid a net amount of tax was $54136.

The average net tax paid was $9,739. This equates to an average tax of 22 cents in the dollar on taxable income.

The Medicare levy was paid by 11,860 people for an average of $796. 115 people paid $1,113 on average more for the Medicare surcharge.

14,190 people earned a salary or wage and took home an average of $46,636 each.

Government allowance and payments were collected by 1,675 people for on average $5,316. 880 people received the pension or other allowance.

Charitable gifts and donations of an average of $192 were made by 5,435 people.

The costs of tax affairs for 7,250 people were claimed for $215 each.