TaxStats for postcode 5041 FY2013

Postcode 5041 includes Colonel Light Gardens, Colonel Light Gardens, Cumberland Park, Cumberland Park, Daw Park, Daw Park, Panorama, Panorama, Westbourne Park, Westbourne Park in South Australia, and is in the federal electorate of Boothby.

In FY 2013 the ATO recorded 8,020 individuals in postcode 5041. Of these people, 7,990 made a taxable income or loss. 6,605 of the population paid a gross amount of tax. After tax offsets, 6,120 people actually paid a net amount of tax. There were 1,870 non-taxable people who paid net tax of $0.

Compare TaxStats of 5041 with SA

5041 TaxStats FY2013%Ppl#Ppl5041
Total Individuals100%8,020
Salary or Wage 78%6,225$56,432$351,291,418
Gross Interest63%5,030$1,875$9,433,072
Unfranked Dividends12%1,000$586$585,700
Franked Dividends30%2,410$4,580$11,037,382
Dividend Franking Credit30%2,400$1,970$4,728,220
Capital Gains5%420$9,080$3,813,661
Termination Payouts1%90$18,395$1,655,515
Tips/Directors Fees etc15%1,165$4,061$4,731,617
Business Income9%725$28,432$20,612,947
Foreign Income8%625$759$474,255
Government payments5%395$4,866$1,922,213
Government pensions6%500$8,869$4,434,483
Total Income or Loss100%8,005$58,563$468,799,793
Charitable Gifts40%3,185$411$1,310,221
Cost of Tax Affairs44%3,535$332$1,172,919
Work Car expenses25%1,970$2,292$4,515,634
Work Travel expenses8%640$1,375$880,072
Self Education expenses3%270$1,702$459,490
Total Deductions83%6,645$2,885$19,171,248
Taxable Income100%7,990$56,176$448,845,849
Medicare Levy 74%5,940$1,041$6,186,330
Medicare Surcharge 1%75$1,277$95,767
Gross Tax 82%6,605$14,154$93,488,002
Net Tax 76%6,120$15,580$95,350,016
Average Tax 100%8,020 $11,889$95,350,016
Gross Tax Rate 82%6,605 25%$93,488,002
Net Tax Rate 76%6,120 28%$95,350,016
Average Tax Rate 100%8,020 21%$95,350,016
%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 $56,176. It is estimated that the average taxable income for people who paid a net amount of tax was $69674.

The average net tax paid was $15,580. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 5,940 people for an average of $1,041. 75 people paid $1,277 on average more for the Medicare surcharge.

6,225 people earned a salary or wage and took home an average of $56,432 each.

Government allowance and payments were collected by 395 people for on average $4,866. 500 people received the pension or other allowance.

Charitable gifts and donations of an average of $411 were made by 3,185 people.

The costs of tax affairs for 3,535 people were claimed for $332 each.