TaxStats for postcode 5211 FY2013
Postcode 5211 includes Back Valley, Encounter Bay, Hayborough, Hindmarsh Valley, Inman Valley, Lower Inman Valley, Mccracken, Mount Jagged, Victor Harbor, Waitpinga, Willow Creek, Yilki in South Australia, and is in the federal electorate of Mayo.
In FY 2013 the ATO recorded 7,550 individuals in postcode 5211. Of these people, 7,505 made a taxable income or loss. 5,435 of the population paid a gross amount of tax. After tax offsets, 4,545 people actually paid a net amount of tax. There were 2,960 non-taxable people who paid net tax of $0.
Compare TaxStats of 5211 with SA
| 5211 TaxStats FY2013 | %Ppl | #Ppl | 5211 Avg | 5211 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 7,550 | ||
| Income | ||||
| Salary or Wage | 59% | 4,440 | $40,966 | $181,888,017 |
| Gross Interest | 61% | 4,600 | $2,580 | $11,866,501 |
| Unfranked Dividends | 14% | 1,055 | $596 | $628,640 |
| Franked Dividends | 29% | 2,210 | $6,114 | $13,511,415 |
| Dividend Franking Credit | 29% | 2,205 | $2,627 | $5,793,309 |
| Capital Gains | 6% | 475 | $11,185 | $5,312,678 |
| Termination Payouts | 1% | 60 | $12,234 | $734,025 |
| Tips/Directors Fees etc | 15% | 1,105 | $2,704 | $2,988,011 |
| Business Income | 10% | 780 | $17,419 | $13,586,671 |
| Foreign Income | 7% | 520 | $1,072 | $557,563 |
| Government payments | 10% | 740 | $5,563 | $4,116,457 |
| Government pensions | 14% | 1,085 | $9,003 | $9,768,507 |
| Total Income or Loss | 100% | 7,540 | $40,124 | $302,535,604 |
| Deducations | ||||
| Charitable Gifts | 32% | 2,420 | $380 | $919,210 |
| Cost of Tax Affairs | 43% | 3,265 | $344 | $1,124,182 |
| Work Car expenses | 18% | 1,385 | $2,054 | $2,845,387 |
| Work Travel expenses | 4% | 335 | $1,774 | $594,157 |
| Self Education expenses | 3% | 190 | $1,513 | $287,433 |
| Total Deductions | 75% | 5,660 | $2,320 | $13,128,746 |
| Taxation | ||||
| Taxable Income | 99% | 7,505 | $38,370 | $287,967,666 |
| Medicare Levy | 56% | 4,255 | $826 | $3,513,119 |
| Medicare Surcharge | 1% | 65 | $1,325 | $86,117 |
| Gross Tax | 72% | 5,435 | $8,919 | $48,476,195 |
| Net Tax | 60% | 4,545 | $10,245 | $46,561,642 |
| Average Tax | 100% | 7,550 | $6,167 | $46,561,642 |
| Gross Tax Rate | 72% | 5,435 | 23% | $48,476,195 |
| Net Tax Rate | 60% | 4,545 | 27% | $46,561,642 |
| Average Tax Rate | 100% | 7,550 | 16% | $46,561,642 |
| %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 $38,370. It is estimated that the average taxable income for people who paid a net amount of tax was $55544.
The average net tax paid was $10,245. This equates to an average tax of 27 cents in the dollar on taxable income.
The Medicare levy was paid by 4,255 people for an average of $826. 65 people paid $1,325 on average more for the Medicare surcharge.
4,440 people earned a salary or wage and took home an average of $40,966 each.
Government allowance and payments were collected by 740 people for on average $5,563. 1,085 people received the pension or other allowance.
Charitable gifts and donations of an average of $380 were made by 2,420 people.
The costs of tax affairs for 3,265 people were claimed for $344 each.