This dataset presents information about superannuation income. The data covers the financial years 2011-12 to 2017-18, and is based on Local Government Areas (LGA) according to the 2018 edition of the Australian Statistical Geography Standard (ASGS).
Superannuation income includes the following data items on the Individual Tax Returns (ITR):
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Australian annuities and superannuation income streams taxable component taxed element
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Australian annuities and superannuation income streams taxable component untaxed element
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Australian annuities and superannuation income streams lump sum in arrears taxable component taxed element
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Australian annuities and superannuation income streams lump sum in arrears taxable component untaxed element
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Australian superannuation lump sum payments taxed element
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Australian superannuation lump sum payments untaxed element
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Bonuses from life insurance companies and friendly societies
A change to legislation relating to superannuation, taking effect from 1 July 2007, meant that people aged 60 years and over who receive superannuation income in the form of a lump sum or income stream (such as a pension) from a taxed source, receive that income tax free. Therefore, if a person has no other income, or their total income is below the tax-free threshold, or any tax payable is mitigated by a tax offset (such as Senior Australian Tax Offset), then this person is not required to lodge a tax return. Due to such changes, the superannuation statistics (persons, income) included in this release are regarded as partial, subject to under-coverage.
All monetary values are presented as gross pre-tax dollars, as far as possible. This means they reflect income before deductions and loses, and before any taxation or levies (e.g. the Medicare levy or the temporary budget repair levy) are applied. The amounts shown are nominal, they have not been adjusted for inflation. The income presented in this release has been categorised into income types, these categories have been devised by the Australian Bureau of Statistics (ABS) to closely align to ABS definitions of income.
The statistics in this release are compiled from the Linked Employer Employee Dataset (LEED), a cross-sectional database based on administrative data from the Australian taxation system. The LEED includes more than 120 million tax records over seven consecutive years between 2011-12 and 2017-18.
Please note:
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All personal income tax statistics included in LEED were provided in de-identified form with no home address or date of birth. Addresses were coded to the ASGS and date of birth was converted to an age at 30 June of the reference year prior to data provision.
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To minimise the risk of identifying individuals in aggregate statistics, perturbation has been applied to the statistics in this release. Perturbation involves small random adjustment of the statistics and is considered the most satisfactory technique for avoiding the release of identifiable statistics, while maximising the range of information that can be released. These adjustments have a negligible impact on the underlying pattern of the statistics. Some cells have also been suppressed due to low counts.
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Totals may not align with the sum of their components due to missing or unpublished information in the underlying data and perturbation.
For further information please visit the Australian Bureau of Statistics.
AURIN has made the following changes to the original data: