TaxStats for postcode 5021 FY2013

Postcode 5021 includes West Lakes in South Australia, and is in the federal electorate of Hindmarsh.

In FY 2013 the ATO recorded 3,955 individuals in postcode 5021. Of these people, 3,925 made a taxable income or loss. 3,180 of the population paid a gross amount of tax. After tax offsets, 2,855 people actually paid a net amount of tax. There were 1,070 non-taxable people who paid net tax of $0.

Compare TaxStats of 5021 with SA

5021 TaxStats FY2013%Ppl#Ppl5021
Total Individuals100%3,955
Salary or Wage 67%2,635$54,926$144,730,758
Gross Interest65%2,580$3,471$8,955,597
Unfranked Dividends14%535$599$320,296
Franked Dividends36%1,415$9,427$13,339,143
Dividend Franking Credit36%1,410$4,052$5,713,456
Capital Gains7%275$32,331$8,890,953
Termination Payouts1%55$18,110$996,043
Tips/Directors Fees etc13%495$4,047$2,003,254
Business Income7%290$23,416$6,790,670
Foreign Income9%370$1,469$543,499
Government payments5%185$4,954$916,552
Government pensions9%345$8,512$2,936,487
Total Income or Loss100%3,940$61,243$241,296,192
Charitable Gifts34%1,355$395$535,290
Cost of Tax Affairs44%1,730$436$753,920
Work Car expenses23%905$2,610$2,362,180
Work Travel expenses6%225$1,732$389,633
Self Education expenses3%110$1,808$198,916
Total Deductions78%3,095$3,256$10,076,887
Taxable Income99%3,925$58,794$230,767,673
Medicare Levy 69%2,735$1,154$3,156,794
Medicare Surcharge 1%45$1,409$63,425
Gross Tax 80%3,180$16,528$52,559,909
Net Tax 72%2,855$18,544$52,944,522
Average Tax 100%3,955 $13,387$52,944,522
Gross Tax Rate 80%3,180 28%$52,559,909
Net Tax Rate 72%2,855 32%$52,944,522
Average Tax Rate 100%3,955 23%$52,944,522
%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 $58,794. It is estimated that the average taxable income for people who paid a net amount of tax was $76332.

The average net tax paid was $18,544. This equates to an average tax of 32 cents in the dollar on taxable income.

The Medicare levy was paid by 2,735 people for an average of $1,154. 45 people paid $1,409 on average more for the Medicare surcharge.

2,635 people earned a salary or wage and took home an average of $54,926 each.

Government allowance and payments were collected by 185 people for on average $4,954. 345 people received the pension or other allowance.

Charitable gifts and donations of an average of $395 were made by 1,355 people.

The costs of tax affairs for 1,730 people were claimed for $436 each.