TaxStats for postcode 5023 FY2013

Postcode 5023 includes Findon, Seaton, Seaton North in South Australia, and is in the federal electorate of Port Adelaide.

In FY 2013 the ATO recorded 8,240 individuals in postcode 5023. Of these people, 8,205 made a taxable income or loss. 6,675 of the population paid a gross amount of tax. After tax offsets, 6,050 people actually paid a net amount of tax. There were 2,155 non-taxable people who paid net tax of $0.

Compare TaxStats of 5023 with SA

5023 TaxStats FY2013%Ppl#Ppl5023
Total Individuals100%8,240
Salary or Wage 80%6,570$45,731$300,449,792
Gross Interest57%4,675$1,552$7,253,470
Unfranked Dividends7%560$297$166,064
Franked Dividends17%1,435$2,393$3,433,903
Dividend Franking Credit17%1,435$1,025$1,471,424
Capital Gains3%235$7,545$1,773,138
Termination Payouts1%120$7,246$869,569
Tips/Directors Fees etc15%1,220$2,295$2,800,024
Business Income8%700$17,195$12,036,687
Foreign Income4%325$424$137,686
Government payments9%765$5,152$3,940,950
Government pensions8%675$9,725$6,564,685
Total Income or Loss100%8,210$45,086$370,159,100
Charitable Gifts33%2,705$231$624,663
Cost of Tax Affairs46%3,795$232$879,481
Work Car expenses25%2,060$2,101$4,328,020
Work Travel expenses6%485$1,553$753,440
Self Education expenses3%270$1,513$408,602
Total Deductions81%6,675$2,034$13,576,051
Taxable Income100%8,205$43,415$356,223,706
Medicare Levy 69%5,725$812$4,648,779
Medicare Surcharge 1%65$1,086$70,560
Gross Tax 81%6,675$8,868$59,190,836
Net Tax 73%6,050$9,924$60,042,331
Average Tax 100%8,240 $7,287$60,042,331
Gross Tax Rate 81%6,675 20%$59,190,836
Net Tax Rate 73%6,050 23%$60,042,331
Average Tax Rate 100%8,240 17%$60,042,331
%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 $43,415. It is estimated that the average taxable income for people who paid a net amount of tax was $54606.

The average net tax paid was $9,924. This equates to an average tax of 23 cents in the dollar on taxable income.

The Medicare levy was paid by 5,725 people for an average of $812. 65 people paid $1,086 on average more for the Medicare surcharge.

6,570 people earned a salary or wage and took home an average of $45,731 each.

Government allowance and payments were collected by 765 people for on average $5,152. 675 people received the pension or other allowance.

Charitable gifts and donations of an average of $231 were made by 2,705 people.

The costs of tax affairs for 3,795 people were claimed for $232 each.