TaxStats for postcode 5010 FY2013

Postcode 5010 includes Angle Park, Angle Park, Ferryden Park, Ferryden Park, Regency Park, Regency Park, Regency Park Bc in South Australia, and is in the federal electorate of Port Adelaide.

In FY 2013 the ATO recorded 2,550 individuals in postcode 5010. Of these people, 2,540 made a taxable income or loss. 2,000 of the population paid a gross amount of tax. After tax offsets, 1,830 people actually paid a net amount of tax. There were 710 non-taxable people who paid net tax of $0.

Compare TaxStats of 5010 with SA

5010 TaxStats FY2013%Ppl#Ppl5010
Avg
5010
Total
Total Individuals100%2,550
Income
Salary or Wage 84%2,145$43,495$93,296,796
Gross Interest44%1,130$858$969,804
Unfranked Dividends3%65$185$12,035
Franked Dividends7%190$3,806$723,093
Dividend Franking Credit7%190$1,630$309,765
Capital Gains2%40$4,790$191,603
Termination Payouts1%35$7,207$252,254
Tips/Directors Fees etc16%415$2,086$865,692
Business Income8%210$17,161$3,603,890
Foreign Income1%30$201$6,041
Government payments12%310$5,748$1,781,750
Government pensions5%120$10,512$1,261,481
Total Income or Loss100%2,540$42,549$108,074,780
Deducations
Charitable Gifts28%705$200$141,247
Cost of Tax Affairs44%1,110$194$215,597
Work Car expenses23%585$1,983$1,160,072
Work Travel expenses6%155$1,458$226,021
Self Education expenses4%105$1,486$156,058
Total Deductions78%1,985$1,912$3,795,460
Taxation
Taxable Income100%2,540$41,037$104,233,455
Medicare Levy 66%1,695$781$1,323,553
Medicare Surcharge 1%30$1,044$31,335
Gross Tax 78%2,000$8,263$16,526,840
Net Tax 72%1,830$9,292$17,004,366
Average Tax 100%2,550 $6,668$17,004,366
Gross Tax Rate 78%2,000 20%$16,526,840
Net Tax Rate 72%1,830 23%$17,004,366
Average Tax Rate 100%2,550 16%$17,004,366
%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 $41,037. It is estimated that the average taxable income for people who paid a net amount of tax was $52302.

The average net tax paid was $9,292. This equates to an average tax of 23 cents in the dollar on taxable income.

The Medicare levy was paid by 1,695 people for an average of $781. 30 people paid $1,044 on average more for the Medicare surcharge.

2,145 people earned a salary or wage and took home an average of $43,495 each.

Government allowance and payments were collected by 310 people for on average $5,748. 120 people received the pension or other allowance.

Charitable gifts and donations of an average of $200 were made by 705 people.

The costs of tax affairs for 1,110 people were claimed for $194 each.