TaxStats for postcode 5008 FY2013
Postcode 5008 includes Croydon, Croydon, Croydon Park, Croydon Park, Croydon Park South, Croydon Park South, Devon Park, Devon Park, Dudley Park, Dudley Park, Renown Park, Renown Park, Ridleyton, Ridleyton, West Croydon, West Croydon in South Australia, and is in the federal electorate of Port Adelaide.
In FY 2013 the ATO recorded 6,775 individuals in postcode 5008. Of these people, 6,745 made a taxable income or loss. 5,500 of the population paid a gross amount of tax. After tax offsets, 5,075 people actually paid a net amount of tax. There were 1,670 non-taxable people who paid net tax of $0.
Compare TaxStats of 5008 with SA
| 5008 TaxStats FY2013 | %Ppl | #Ppl | 5008 Avg | 5008 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 6,775 | ||
| Income | ||||
| Salary or Wage | 83% | 5,630 | $46,487 | $261,719,834 |
| Gross Interest | 53% | 3,620 | $1,453 | $5,260,137 |
| Unfranked Dividends | 6% | 395 | $265 | $104,854 |
| Franked Dividends | 15% | 1,025 | $2,268 | $2,324,953 |
| Dividend Franking Credit | 15% | 1,015 | $979 | $994,013 |
| Capital Gains | 2% | 140 | $8,363 | $1,170,840 |
| Termination Payouts | 1% | 85 | $12,331 | $1,048,128 |
| Tips/Directors Fees etc | 14% | 975 | $2,863 | $2,791,304 |
| Business Income | 11% | 715 | $17,791 | $12,720,382 |
| Foreign Income | 3% | 225 | $434 | $97,759 |
| Government payments | 10% | 700 | $5,624 | $3,936,773 |
| Government pensions | 4% | 270 | $9,768 | $2,637,409 |
| Total Income or Loss | 100% | 6,750 | $46,796 | $315,870,760 |
| Deducations | ||||
| Charitable Gifts | 33% | 2,205 | $268 | $591,633 |
| Cost of Tax Affairs | 44% | 2,990 | $246 | $736,674 |
| Work Car expenses | 23% | 1,575 | $2,008 | $3,163,133 |
| Work Travel expenses | 7% | 490 | $1,385 | $678,645 |
| Self Education expenses | 4% | 295 | $1,573 | $464,067 |
| Total Deductions | 81% | 5,465 | $2,128 | $11,629,813 |
| Taxation | ||||
| Taxable Income | 100% | 6,745 | $45,069 | $303,987,149 |
| Medicare Levy | 71% | 4,785 | $837 | $4,005,048 |
| Medicare Surcharge | 1% | 75 | $1,061 | $79,554 |
| Gross Tax | 81% | 5,500 | $9,548 | $52,513,868 |
| Net Tax | 75% | 5,075 | $10,605 | $53,817,988 |
| Average Tax | 100% | 6,775 | $7,944 | $53,817,988 |
| Gross Tax Rate | 81% | 5,500 | 21% | $52,513,868 |
| Net Tax Rate | 75% | 5,075 | 24% | $53,817,988 |
| Average Tax Rate | 100% | 6,775 | 18% | $53,817,988 |
| %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 $45,069. It is estimated that the average taxable income for people who paid a net amount of tax was $55950.
The average net tax paid was $10,605. This equates to an average tax of 24 cents in the dollar on taxable income.
The Medicare levy was paid by 4,785 people for an average of $837. 75 people paid $1,061 on average more for the Medicare surcharge.
5,630 people earned a salary or wage and took home an average of $46,487 each.
Government allowance and payments were collected by 700 people for on average $5,624. 270 people received the pension or other allowance.
Charitable gifts and donations of an average of $268 were made by 2,205 people.
The costs of tax affairs for 2,990 people were claimed for $246 each.