TaxStats for postcode 5400 FY2013

Postcode 5400 includes Magdala, Magdalla, Pinkerton Plains, Wasleys, Woolsheds in South Australia, and is in the federal electorate of Wakefield.

In FY 2013 the ATO recorded 410 individuals in postcode 5400. Of these people, 405 made a taxable income or loss. 335 of the population paid a gross amount of tax. After tax offsets, 315 people actually paid a net amount of tax. There were 90 non-taxable people who paid net tax of $0.

Compare TaxStats of 5400 with SA

5400 TaxStats FY2013%Ppl#Ppl5400
Avg
5400
Total
Total Individuals100%410
Income
Salary or Wage 78%320$50,960$16,307,098
Gross Interest50%205$2,424$496,855
Unfranked Dividends7%30$460$13,805
Franked Dividends18%75$2,052$153,881
Dividend Franking Credit18%75$861$64,607
Capital Gains7%30$8,505$255,155
Termination Payouts1%5$2,337$11,684
Tips/Directors Fees etc18%75$2,069$155,193
Business Income6%25$8,934$223,354
Foreign Income6%25$214$5,338
Government payments7%30$5,047$151,416
Government pensions2%10$6,828$68,276
Total Income or Loss99%405$51,204$20,737,520
Deducations
Charitable Gifts29%120$202$24,191
Cost of Tax Affairs45%185$244$45,108
Work Car expenses24%100$1,860$185,961
Work Travel expenses6%25$4,228$105,708
Self Education expenses4%15$1,198$17,972
Total Deductions83%340$3,161$1,074,744
Taxation
Taxable Income99%405$48,533$19,655,791
Medicare Levy 73%300$905$271,448
Medicare Surcharge 2%10$910$9,095
Gross Tax 82%335$10,891$3,648,353
Net Tax 77%315$11,846$3,731,635
Average Tax 100%410 $9,102$3,731,635
Gross Tax Rate 82%335 22%$3,648,353
Net Tax Rate 77%315 24%$3,731,635
Average Tax Rate 100%410 19%$3,731,635
%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 $48,533. It is estimated that the average taxable income for people who paid a net amount of tax was $58971.

The average net tax paid was $11,846. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 300 people for an average of $905. 10 people paid $910 on average more for the Medicare surcharge.

320 people earned a salary or wage and took home an average of $50,960 each.

Government allowance and payments were collected by 30 people for on average $5,047. 10 people received the pension or other allowance.

Charitable gifts and donations of an average of $202 were made by 120 people.

The costs of tax affairs for 185 people were claimed for $244 each.