TaxStats for postcode 5025 FY2013

Postcode 5025 includes Flinders Park, Kidman Park in South Australia, and is in the federal electorate of Hindmarsh.

In FY 2013 the ATO recorded 4,620 individuals in postcode 5025. Of these people, 4,595 made a taxable income or loss. 3,745 of the population paid a gross amount of tax. After tax offsets, 3,390 people actually paid a net amount of tax. There were 1,205 non-taxable people who paid net tax of $0.

Compare TaxStats of 5025 with SA

5025 TaxStats FY2013%Ppl#Ppl5025
Total Individuals100%4,620
Salary or Wage 75%3,460$49,513$171,316,421
Gross Interest61%2,840$1,984$5,634,783
Unfranked Dividends10%465$467$217,188
Franked Dividends26%1,205$3,842$4,630,045
Dividend Franking Credit26%1,205$1,647$1,984,383
Capital Gains4%200$9,013$1,802,517
Termination Payouts1%60$4,751$285,052
Tips/Directors Fees etc13%600$3,447$2,068,216
Business Income9%420$17,353$7,288,301
Foreign Income6%270$206$55,611
Government payments7%305$4,641$1,415,651
Government pensions8%350$9,279$3,247,775
Total Income or Loss100%4,605$49,405$227,510,266
Charitable Gifts36%1,670$254$423,398
Cost of Tax Affairs44%2,050$299$613,743
Work Car expenses24%1,100$2,195$2,414,067
Work Travel expenses6%255$1,307$333,282
Self Education expenses3%125$1,141$142,563
Total Deductions81%3,730$2,317$8,643,831
Taxable Income99%4,595$47,566$218,565,342
Medicare Levy 70%3,245$898$2,915,033
Medicare Surcharge 1%35$1,176$41,173
Gross Tax 81%3,745$10,720$40,145,274
Net Tax 73%3,390$11,941$40,479,081
Average Tax 100%4,620 $8,762$40,479,081
Gross Tax Rate 81%3,745 23%$40,145,274
Net Tax Rate 73%3,390 25%$40,479,081
Average Tax Rate 100%4,620 18%$40,479,081
%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 $47,566. It is estimated that the average taxable income for people who paid a net amount of tax was $60208.

The average net tax paid was $11,941. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 3,245 people for an average of $898. 35 people paid $1,176 on average more for the Medicare surcharge.

3,460 people earned a salary or wage and took home an average of $49,513 each.

Government allowance and payments were collected by 305 people for on average $4,641. 350 people received the pension or other allowance.

Charitable gifts and donations of an average of $254 were made by 1,670 people.

The costs of tax affairs for 2,050 people were claimed for $299 each.