TaxStats for postcode 5214 FY2013
Postcode 5214 includes Currency Creek, Currency Creek, Goolwa, Goolwa, Goolwa Beach, Goolwa Beach, Goolwa North, Goolwa North, Goolwa South, Goolwa South, Hindmarsh Island, Hindmarsh Island, Mosquito Hill, Mosquito Hill, Mundoo Island in South Australia, and is in the federal electorate of Mayo.
In FY 2013 the ATO recorded 3,850 individuals in postcode 5214. Of these people, 3,820 made a taxable income or loss. 2,775 of the population paid a gross amount of tax. After tax offsets, 2,295 people actually paid a net amount of tax. There were 1,525 non-taxable people who paid net tax of $0.
Compare TaxStats of 5214 with SA
| 5214 TaxStats FY2013 | %Ppl | #Ppl | 5214 Avg | 5214 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 3,850 | ||
| Income | ||||
| Salary or Wage | 62% | 2,390 | $41,113 | $98,260,005 |
| Gross Interest | 60% | 2,295 | $2,195 | $5,036,680 |
| Unfranked Dividends | 12% | 450 | $548 | $246,541 |
| Franked Dividends | 26% | 1,015 | $10,637 | $10,796,640 |
| Dividend Franking Credit | 26% | 1,010 | $4,581 | $4,626,739 |
| Capital Gains | 5% | 210 | $12,940 | $2,717,384 |
| Termination Payouts | 1% | 30 | $13,451 | $403,524 |
| Tips/Directors Fees etc | 15% | 580 | $2,060 | $1,194,696 |
| Business Income | 12% | 445 | $13,424 | $5,973,809 |
| Foreign Income | 6% | 215 | $1,046 | $224,853 |
| Government payments | 10% | 390 | $5,569 | $2,171,931 |
| Government pensions | 15% | 565 | $8,905 | $5,031,596 |
| Total Income or Loss | 100% | 3,835 | $41,805 | $160,323,618 |
| Deducations | ||||
| Charitable Gifts | 28% | 1,085 | $492 | $533,946 |
| Cost of Tax Affairs | 47% | 1,795 | $289 | $519,032 |
| Work Car expenses | 20% | 765 | $2,088 | $1,597,265 |
| Work Travel expenses | 5% | 190 | $1,999 | $379,729 |
| Self Education expenses | 2% | 95 | $1,473 | $139,929 |
| Total Deductions | 75% | 2,900 | $2,288 | $6,634,438 |
| Taxation | ||||
| Taxable Income | 99% | 3,820 | $40,116 | $153,241,983 |
| Medicare Levy | 56% | 2,160 | $859 | $1,854,670 |
| Medicare Surcharge | 1% | 45 | $1,611 | $72,485 |
| Gross Tax | 72% | 2,775 | $9,799 | $27,193,065 |
| Net Tax | 60% | 2,295 | $11,404 | $26,171,579 |
| Average Tax | 100% | 3,850 | $6,798 | $26,171,579 |
| Gross Tax Rate | 72% | 2,775 | 24% | $27,193,065 |
| Net Tax Rate | 60% | 2,295 | 28% | $26,171,579 |
| Average Tax Rate | 100% | 3,850 | 17% | $26,171,579 |
| %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 $40,116. It is estimated that the average taxable income for people who paid a net amount of tax was $58798.
The average net tax paid was $11,404. This equates to an average tax of 28 cents in the dollar on taxable income.
The Medicare levy was paid by 2,160 people for an average of $859. 45 people paid $1,611 on average more for the Medicare surcharge.
2,390 people earned a salary or wage and took home an average of $41,113 each.
Government allowance and payments were collected by 390 people for on average $5,569. 565 people received the pension or other allowance.
Charitable gifts and donations of an average of $492 were made by 1,085 people.
The costs of tax affairs for 1,795 people were claimed for $289 each.