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#Ppl5211
Total Individuals100%7,550
Salary or Wage 59%4,440$40,966$181,888,017
Gross Interest61%4,600$2,580$11,866,501
Unfranked Dividends14%1,055$596$628,640
Franked Dividends29%2,210$6,114$13,511,415
Dividend Franking Credit29%2,205$2,627$5,793,309
Capital Gains6%475$11,185$5,312,678
Termination Payouts1%60$12,234$734,025
Tips/Directors Fees etc15%1,105$2,704$2,988,011
Business Income10%780$17,419$13,586,671
Foreign Income7%520$1,072$557,563
Government payments10%740$5,563$4,116,457
Government pensions14%1,085$9,003$9,768,507
Total Income or Loss100%7,540$40,124$302,535,604
Charitable Gifts32%2,420$380$919,210
Cost of Tax Affairs43%3,265$344$1,124,182
Work Car expenses18%1,385$2,054$2,845,387
Work Travel expenses4%335$1,774$594,157
Self Education expenses3%190$1,513$287,433
Total Deductions75%5,660$2,320$13,128,746
Taxable Income99%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.