TaxStats for postcode 5501 FY2013
Postcode 5501 includes Avon, Calomba, Dublin, Lewiston, Long Plains, Lower Light, Middle Beach, Parham, Port Gawler, Thompson Beach, Two Wells, Webb Beach, Wild Horse Plains, Windsor in South Australia, and is in the federal electorate of Wakefield.
In FY 2013 the ATO recorded 3,735 individuals in postcode 5501. Of these people, 3,705 made a taxable income or loss. 3,055 of the population paid a gross amount of tax. After tax offsets, 2,830 people actually paid a net amount of tax. There were 875 non-taxable people who paid net tax of $0.
Compare TaxStats of 5501 with SA
| 5501 TaxStats FY2013 | %Ppl | #Ppl | 5501 Avg | 5501 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 3,735 | ||
| Income | ||||
| Salary or Wage | 80% | 3,000 | $47,109 | $141,327,766 |
| Gross Interest | 45% | 1,680 | $1,469 | $2,468,452 |
| Unfranked Dividends | 5% | 195 | $223 | $43,491 |
| Franked Dividends | 14% | 505 | $5,030 | $2,540,332 |
| Dividend Franking Credit | 13% | 500 | $2,178 | $1,088,909 |
| Capital Gains | 3% | 115 | $8,656 | $995,390 |
| Termination Payouts | 1% | 55 | $7,892 | $434,059 |
| Tips/Directors Fees etc | 18% | 660 | $2,686 | $1,772,870 |
| Business Income | 9% | 340 | $16,482 | $5,604,043 |
| Foreign Income | 3% | 125 | $252 | $31,509 |
| Government payments | 6% | 240 | $5,028 | $1,206,651 |
| Government pensions | 5% | 170 | $9,424 | $1,602,160 |
| Total Income or Loss | 99% | 3,715 | $47,675 | $177,112,843 |
| Deducations | ||||
| Charitable Gifts | 28% | 1,055 | $199 | $210,040 |
| Cost of Tax Affairs | 47% | 1,745 | $254 | $442,854 |
| Work Car expenses | 26% | 970 | $2,359 | $2,288,286 |
| Work Travel expenses | 7% | 255 | $3,250 | $828,810 |
| Self Education expenses | 3% | 115 | $1,288 | $148,143 |
| Total Deductions | 82% | 3,075 | $2,396 | $7,366,317 |
| Taxation | ||||
| Taxable Income | 99% | 3,705 | $45,662 | $169,178,087 |
| Medicare Levy | 73% | 2,715 | $838 | $2,275,546 |
| Medicare Surcharge | 1% | 40 | $1,229 | $49,147 |
| Gross Tax | 82% | 3,055 | $9,629 | $29,417,410 |
| Net Tax | 76% | 2,830 | $10,576 | $29,929,370 |
| Average Tax | 100% | 3,735 | $8,013 | $29,929,370 |
| Gross Tax Rate | 82% | 3,055 | 21% | $29,417,410 |
| Net Tax Rate | 76% | 2,830 | 23% | $29,929,370 |
| Average Tax Rate | 100% | 3,735 | 18% | $29,929,370 |
| %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 $45,662. It is estimated that the average taxable income for people who paid a net amount of tax was $56070.
The average net tax paid was $10,576. This equates to an average tax of 23 cents in the dollar on taxable income.
The Medicare levy was paid by 2,715 people for an average of $838. 40 people paid $1,229 on average more for the Medicare surcharge.
3,000 people earned a salary or wage and took home an average of $47,109 each.
Government allowance and payments were collected by 240 people for on average $5,028. 170 people received the pension or other allowance.
Charitable gifts and donations of an average of $199 were made by 1,055 people.
The costs of tax affairs for 1,745 people were claimed for $254 each.