TaxStats for postcode 5117 FY2013

Postcode 5117 includes Angle Vale in South Australia, and is in the federal electorate of Wakefield.

In FY 2013 the ATO recorded 1,565 individuals in postcode 5117. Of these people, 1,555 made a taxable income or loss. 1,270 of the population paid a gross amount of tax. After tax offsets, 1,185 people actually paid a net amount of tax. There were 370 non-taxable people who paid net tax of $0.

Compare TaxStats of 5117 with SA

5117 TaxStats FY2013%Ppl#Ppl5117
Avg
5117
Total
Total Individuals100%1,565
Income
Salary or Wage 80%1,255$50,389$63,237,893
Gross Interest52%810$1,107$896,312
Unfranked Dividends6%90$159$14,298
Franked Dividends15%230$3,015$693,443
Dividend Franking Credit15%230$1,292$297,084
Capital Gains3%50$12,396$619,777
Termination Payouts2%30$14,285$428,548
Tips/Directors Fees etc16%255$3,466$883,859
Business Income8%120$19,195$2,303,427
Foreign Income2%30$119$3,576
Government payments5%75$4,933$369,993
Government pensions3%45$8,167$367,495
Total Income or Loss99%1,555$49,666$77,230,922
Deducations
Charitable Gifts31%485$202$98,121
Cost of Tax Affairs48%755$239$180,444
Work Car expenses28%445$2,374$1,056,536
Work Travel expenses7%110$2,447$269,135
Self Education expenses3%45$1,182$53,193
Total Deductions84%1,310$2,474$3,241,060
Taxation
Taxable Income99%1,555$47,451$73,785,824
Medicare Levy 73%1,145$870$996,582
Medicare Surcharge 1%15$1,409$21,136
Gross Tax 81%1,270$10,528$13,369,934
Net Tax 76%1,185$11,481$13,604,903
Average Tax 100%1,565 $8,693$13,604,903
Gross Tax Rate 81%1,270 22%$13,369,934
Net Tax Rate 76%1,185 24%$13,604,903
Average Tax Rate 100%1,565 18%$13,604,903
%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 $47,451. It is estimated that the average taxable income for people who paid a net amount of tax was $58520.

The average net tax paid was $11,481. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 1,145 people for an average of $870. 15 people paid $1,409 on average more for the Medicare surcharge.

1,255 people earned a salary or wage and took home an average of $50,389 each.

Government allowance and payments were collected by 75 people for on average $4,933. 45 people received the pension or other allowance.

Charitable gifts and donations of an average of $202 were made by 485 people.

The costs of tax affairs for 755 people were claimed for $239 each.