TaxStats for postcode 5020 FY2013

Postcode 5020 includes West Lakes Shore in South Australia, and is in the federal electorate of Hindmarsh.

In FY 2013 the ATO recorded 1,935 individuals in postcode 5020. Of these people, 1,930 made a taxable income or loss. 1,565 of the population paid a gross amount of tax. After tax offsets, 1,445 people actually paid a net amount of tax. There were 485 non-taxable people who paid net tax of $0.

Compare TaxStats of 5020 with SA

5020 TaxStats FY2013%Ppl#Ppl5020
Total Individuals100%1,935
Salary or Wage 73%1,420$54,503$77,393,774
Gross Interest64%1,240$1,952$2,420,785
Unfranked Dividends13%245$606$148,385
Franked Dividends32%610$7,746$4,724,970
Dividend Franking Credit31%605$3,347$2,024,859
Capital Gains6%110$12,482$1,373,018
Termination Payouts1%25$11,111$277,766
Tips/Directors Fees etc15%295$2,561$755,438
Business Income8%150$17,736$2,660,435
Foreign Income6%125$602$75,275
Government payments4%80$4,990$399,205
Government pensions8%150$9,106$1,365,891
Total Income or Loss100%1,930$56,412$108,875,646
Charitable Gifts39%755$371$280,371
Cost of Tax Affairs47%910$332$301,790
Work Car expenses23%440$2,088$918,673
Work Travel expenses6%120$1,261$151,377
Self Education expenses3%65$1,458$94,754
Total Deductions82%1,595$2,675$4,265,871
Taxable Income100%1,930$54,091$104,395,404
Medicare Levy 72%1,385$1,021$1,413,674
Medicare Surcharge 1%25$1,255$31,384
Gross Tax 81%1,565$13,796$21,591,484
Net Tax 75%1,445$15,109$21,831,868
Average Tax 100%1,935 $11,283$21,831,868
Gross Tax Rate 81%1,565 26%$21,591,484
Net Tax Rate 75%1,445 28%$21,831,868
Average Tax Rate 100%1,935 21%$21,831,868
%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 $54,091. It is estimated that the average taxable income for people who paid a net amount of tax was $68218.

The average net tax paid was $15,109. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 1,385 people for an average of $1,021. 25 people paid $1,255 on average more for the Medicare surcharge.

1,420 people earned a salary or wage and took home an average of $54,503 each.

Government allowance and payments were collected by 80 people for on average $4,990. 150 people received the pension or other allowance.

Charitable gifts and donations of an average of $371 were made by 755 people.

The costs of tax affairs for 910 people were claimed for $332 each.