TaxStats for postcode 5000 FY2013

Postcode 5000 includes Adelaide, Adelaide Bc, City West Campus, Halifax Street, Hutt Street, Parliament House, Rundle Mall, Station Arcade, Sturt Street in South Australia, and is in the federal electorate of Adelaide.

In FY 2013 the ATO recorded 7,680 individuals in postcode 5000. Of these people, 7,605 made a taxable income or loss. 5,925 of the population paid a gross amount of tax. After tax offsets, 5,530 people actually paid a net amount of tax. There were 2,075 non-taxable people who paid net tax of $0.

Compare TaxStats of 5000 with SA

5000 TaxStats FY2013%Ppl#Ppl5000
Total Individuals100%7,680
Salary or Wage 78%5,955$54,013$321,647,335
Gross Interest61%4,675$2,163$10,111,648
Unfranked Dividends8%580$1,077$624,584
Franked Dividends19%1,445$13,770$19,897,077
Dividend Franking Credit19%1,440$5,918$8,522,062
Capital Gains4%345$24,647$8,503,206
Termination Payouts1%85$16,795$1,427,589
Tips/Directors Fees etc12%960$5,231$5,021,398
Business Income11%820$40,425$33,148,168
Foreign Income6%435$1,637$712,255
Government payments7%530$6,092$3,228,760
Government pensions3%200$8,775$1,754,974
Total Income or Loss99%7,620$63,607$484,689,019
Charitable Gifts29%2,230$938$2,092,493
Cost of Tax Affairs36%2,800$560$1,567,404
Work Car expenses17%1,310$2,357$3,088,138
Work Travel expenses9%725$1,838$1,332,521
Self Education expenses5%415$2,668$1,107,347
Total Deductions73%5,630$3,804$21,417,969
Taxable Income99%7,605$60,801$462,394,230
Medicare Levy 65%5,030$1,215$6,110,186
Medicare Surcharge 2%145$1,099$159,370
Gross Tax 77%5,925$18,540$109,846,643
Net Tax 72%5,530$20,345$112,505,756
Average Tax 100%7,680 $14,649$112,505,756
Gross Tax Rate 77%5,925 30%$109,846,643
Net Tax Rate 72%5,530 33%$112,505,756
Average Tax Rate 100%7,680 24%$112,505,756
%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 $60,801. It is estimated that the average taxable income for people who paid a net amount of tax was $79113.

The average net tax paid was $20,345. This equates to an average tax of 33 cents in the dollar on taxable income.

The Medicare levy was paid by 5,030 people for an average of $1,215. 145 people paid $1,099 on average more for the Medicare surcharge.

5,955 people earned a salary or wage and took home an average of $54,013 each.

Government allowance and payments were collected by 530 people for on average $6,092. 200 people received the pension or other allowance.

Charitable gifts and donations of an average of $938 were made by 2,230 people.

The costs of tax affairs for 2,800 people were claimed for $560 each.