TaxStats for postcode 5034 FY2013

Postcode 5034 includes Clarence Park, Clarence Park, Goodwood, Goodwood, Kings Park, Kings Park, Millswood, Millswood, Wayville, Wayville in South Australia, and is in the federal electorate of Adelaide.

In FY 2013 the ATO recorded 6,345 individuals in postcode 5034. Of these people, 6,295 made a taxable income or loss. 5,265 of the population paid a gross amount of tax. After tax offsets, 4,900 people actually paid a net amount of tax. There were 1,395 non-taxable people who paid net tax of $0.

Compare TaxStats of 5034 with SA

5034 TaxStats FY2013%Ppl#Ppl5034
Total Individuals100%6,345
Salary or Wage 77%4,875$60,070$292,843,364
Gross Interest64%4,085$2,105$8,599,196
Unfranked Dividends13%810$726$587,662
Franked Dividends29%1,830$8,096$14,815,139
Dividend Franking Credit29%1,820$3,464$6,304,525
Capital Gains6%405$22,542$9,129,648
Termination Payouts1%85$22,721$1,931,318
Tips/Directors Fees etc13%835$4,167$3,479,505
Business Income10%640$41,104$26,306,612
Foreign Income9%540$1,226$662,063
Government payments6%410$5,536$2,269,918
Government pensions5%290$9,503$2,755,982
Total Income or Loss99%6,310$68,975$435,229,619
Charitable Gifts40%2,535$631$1,600,780
Cost of Tax Affairs43%2,760$508$1,403,132
Work Car expenses23%1,475$2,423$3,574,091
Work Travel expenses9%555$1,664$923,612
Self Education expenses4%230$2,070$476,060
Total Deductions81%5,165$3,639$18,792,971
Taxable Income99%6,295$66,074$415,938,601
Medicare Levy 74%4,725$1,225$5,789,512
Medicare Surcharge 1%75$1,299$97,447
Gross Tax 83%5,265$18,689$98,396,030
Net Tax 77%4,900$20,529$100,593,035
Average Tax 100%6,345 $15,854$100,593,035
Gross Tax Rate 83%5,265 28%$98,396,030
Net Tax Rate 77%4,900 31%$100,593,035
Average Tax Rate 100%6,345 24%$100,593,035
%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 $66,074. It is estimated that the average taxable income for people who paid a net amount of tax was $81469.

The average net tax paid was $20,529. This equates to an average tax of 31 cents in the dollar on taxable income.

The Medicare levy was paid by 4,725 people for an average of $1,225. 75 people paid $1,299 on average more for the Medicare surcharge.

4,875 people earned a salary or wage and took home an average of $60,070 each.

Government allowance and payments were collected by 410 people for on average $5,536. 290 people received the pension or other allowance.

Charitable gifts and donations of an average of $631 were made by 2,535 people.

The costs of tax affairs for 2,760 people were claimed for $508 each.