TaxStats for postcode 5355 FY2013

Postcode 5355 includes Daveyston, Ebenezer, Ebenezer, Light Pass, Light Pass, Marananga, Moppa, Moppa, Nuriootpa, Nuriootpa, Seppeltsfield, Stockwell, Stockwell in South Australia, and is in the federal electorate of Wakefield.

In FY 2013 the ATO recorded 4,110 individuals in postcode 5355. Of these people, 4,095 made a taxable income or loss. 3,335 of the population paid a gross amount of tax. After tax offsets, 3,065 people actually paid a net amount of tax. There were 1,030 non-taxable people who paid net tax of $0.

Compare TaxStats of 5355 with SA

5355 TaxStats FY2013%Ppl#Ppl5355
Avg
5355
Total
Total Individuals100%4,110
Income
Salary or Wage 79%3,230$47,904$154,730,651
Gross Interest73%3,010$1,472$4,432,209
Unfranked Dividends15%625$209$130,319
Franked Dividends26%1,080$3,424$3,698,195
Dividend Franking Credit26%1,075$1,473$1,583,845
Capital Gains4%180$6,565$1,181,738
Termination Payouts1%55$9,707$533,897
Tips/Directors Fees etc15%615$1,733$1,065,799
Business Income9%390$12,107$4,721,686
Foreign Income6%260$642$166,805
Government payments5%225$5,205$1,171,057
Government pensions7%305$9,062$2,764,050
Total Income or Loss100%4,105$48,487$199,037,881
Deducations
Charitable Gifts33%1,355$371$503,154
Cost of Tax Affairs48%1,985$284$564,396
Work Car expenses28%1,140$1,688$1,923,968
Work Travel expenses6%235$2,757$647,781
Self Education expenses3%120$1,763$211,567
Total Deductions83%3,430$2,333$8,003,827
Taxation
Taxable Income100%4,095$46,597$190,812,836
Medicare Levy 72%2,955$874$2,582,373
Medicare Surcharge 1%40$1,090$43,609
Gross Tax 81%3,335$10,312$34,391,252
Net Tax 75%3,065$11,410$34,970,412
Average Tax 100%4,110 $8,509$34,970,412
Gross Tax Rate 81%3,335 22%$34,391,252
Net Tax Rate 75%3,065 24%$34,970,412
Average Tax Rate 100%4,110 18%$34,970,412
%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 $46,597. It is estimated that the average taxable income for people who paid a net amount of tax was $58223.

The average net tax paid was $11,410. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 2,955 people for an average of $874. 40 people paid $1,090 on average more for the Medicare surcharge.

3,230 people earned a salary or wage and took home an average of $47,904 each.

Government allowance and payments were collected by 225 people for on average $5,205. 305 people received the pension or other allowance.

Charitable gifts and donations of an average of $371 were made by 1,355 people.

The costs of tax affairs for 1,985 people were claimed for $284 each.