TaxStats for postcode 5125 FY2013
Postcode 5125 includes Golden Grove, Golden Grove Village, Greenwith in South Australia, and is in the federal electorate of Makin.
In FY 2013 the ATO recorded 11,370 individuals in postcode 5125. Of these people, 11,340 made a taxable income or loss. 9,540 of the population paid a gross amount of tax. After tax offsets, 8,915 people actually paid a net amount of tax. There were 2,425 non-taxable people who paid net tax of $0.
Compare TaxStats of 5125 with SA
| 5125 TaxStats FY2013 | %Ppl | #Ppl | 5125 Avg | 5125 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 11,370 | ||
| Income | ||||
| Salary or Wage | 84% | 9,580 | $54,551 | $522,603,369 |
| Gross Interest | 56% | 6,420 | $1,083 | $6,953,367 |
| Unfranked Dividends | 7% | 765 | $430 | $328,694 |
| Franked Dividends | 19% | 2,200 | $5,237 | $11,520,981 |
| Dividend Franking Credit | 19% | 2,190 | $2,253 | $4,934,377 |
| Capital Gains | 3% | 345 | $7,987 | $2,755,384 |
| Termination Payouts | 1% | 160 | $14,013 | $2,242,126 |
| Tips/Directors Fees etc | 17% | 1,970 | $3,042 | $5,991,931 |
| Business Income | 6% | 735 | $25,237 | $18,549,124 |
| Foreign Income | 5% | 545 | $809 | $440,810 |
| Government payments | 5% | 590 | $4,918 | $2,901,565 |
| Government pensions | 5% | 590 | $8,888 | $5,243,750 |
| Total Income or Loss | 100% | 11,345 | $55,306 | $627,443,385 |
| Deducations | ||||
| Charitable Gifts | 37% | 4,225 | $258 | $1,091,800 |
| Cost of Tax Affairs | 44% | 5,025 | $304 | $1,530,094 |
| Work Car expenses | 28% | 3,200 | $2,263 | $7,241,293 |
| Work Travel expenses | 7% | 785 | $1,365 | $1,071,307 |
| Self Education expenses | 4% | 430 | $1,345 | $578,446 |
| Total Deductions | 85% | 9,645 | $2,429 | $23,425,030 |
| Taxation | ||||
| Taxable Income | 100% | 11,340 | $53,234 | $603,677,388 |
| Medicare Levy | 76% | 8,610 | $956 | $8,231,590 |
| Medicare Surcharge | 1% | 115 | $1,296 | $149,033 |
| Gross Tax | 84% | 9,540 | $12,401 | $118,308,584 |
| Net Tax | 78% | 8,915 | $13,609 | $121,328,062 |
| Average Tax | 100% | 11,370 | $10,671 | $121,328,062 |
| Gross Tax Rate | 84% | 9,540 | 23% | $118,308,584 |
| Net Tax Rate | 78% | 8,915 | 26% | $121,328,062 |
| Average Tax Rate | 100% | 11,370 | 20% | $121,328,062 |
| %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 $53,234. It is estimated that the average taxable income for people who paid a net amount of tax was $64451.
The average net tax paid was $13,609. This equates to an average tax of 26 cents in the dollar on taxable income.
The Medicare levy was paid by 8,610 people for an average of $956. 115 people paid $1,296 on average more for the Medicare surcharge.
9,580 people earned a salary or wage and took home an average of $54,551 each.
Government allowance and payments were collected by 590 people for on average $4,918. 590 people received the pension or other allowance.
Charitable gifts and donations of an average of $258 were made by 4,225 people.
The costs of tax affairs for 5,025 people were claimed for $304 each.