TaxStats for postcode 5042 FY2013
Postcode 5042 includes Bedford Park, Bedford Park, Clovelly Park, Clovelly Park, Flinders University, Pasadena, Pasadena, St Marys, St Marys in South Australia, and is in the federal electorate of Boothby.
In FY 2013 the ATO recorded 5,800 individuals in postcode 5042. Of these people, 5,775 made a taxable income or loss. 4,430 of the population paid a gross amount of tax. After tax offsets, 3,975 people actually paid a net amount of tax. There were 1,800 non-taxable people who paid net tax of $0.
Compare TaxStats of 5042 with SA
| 5042 TaxStats FY2013 | %Ppl | #Ppl | 5042 Avg | 5042 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 5,800 | ||
| Income | ||||
| Salary or Wage | 77% | 4,475 | $44,894 | $200,899,593 |
| Gross Interest | 58% | 3,375 | $1,873 | $6,319,745 |
| Unfranked Dividends | 8% | 485 | $506 | $245,449 |
| Franked Dividends | 20% | 1,175 | $6,221 | $7,310,143 |
| Dividend Franking Credit | 20% | 1,175 | $2,666 | $3,132,906 |
| Capital Gains | 4% | 240 | $8,725 | $2,093,900 |
| Termination Payouts | 1% | 70 | $5,890 | $412,273 |
| Tips/Directors Fees etc | 15% | 860 | $2,095 | $1,802,111 |
| Business Income | 8% | 450 | $19,061 | $8,577,671 |
| Foreign Income | 5% | 315 | $629 | $198,065 |
| Government payments | 9% | 500 | $5,644 | $2,821,774 |
| Government pensions | 8% | 460 | $9,337 | $4,294,984 |
| Total Income or Loss | 100% | 5,785 | $45,491 | $263,167,600 |
| Deducations | ||||
| Charitable Gifts | 32% | 1,845 | $399 | $735,458 |
| Cost of Tax Affairs | 40% | 2,330 | $337 | $784,071 |
| Work Car expenses | 19% | 1,120 | $2,021 | $2,263,458 |
| Work Travel expenses | 6% | 325 | $1,441 | $468,237 |
| Self Education expenses | 4% | 225 | $1,995 | $448,978 |
| Total Deductions | 77% | 4,460 | $2,164 | $9,651,588 |
| Taxation | ||||
| Taxable Income | 100% | 5,775 | $43,872 | $253,359,405 |
| Medicare Levy | 64% | 3,710 | $868 | $3,218,459 |
| Medicare Surcharge | 1% | 60 | $1,136 | $68,134 |
| Gross Tax | 76% | 4,430 | $10,123 | $44,842,756 |
| Net Tax | 69% | 3,975 | $11,406 | $45,338,958 |
| Average Tax | 100% | 5,800 | $7,817 | $45,338,958 |
| Gross Tax Rate | 76% | 4,430 | 23% | $44,842,756 |
| Net Tax Rate | 69% | 3,975 | 26% | $45,338,958 |
| Average Tax Rate | 100% | 5,800 | 18% | $45,338,958 |
| %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 $43,872. It is estimated that the average taxable income for people who paid a net amount of tax was $58304.
The average net tax paid was $11,406. This equates to an average tax of 26 cents in the dollar on taxable income.
The Medicare levy was paid by 3,710 people for an average of $868. 60 people paid $1,136 on average more for the Medicare surcharge.
4,475 people earned a salary or wage and took home an average of $44,894 each.
Government allowance and payments were collected by 500 people for on average $5,644. 460 people received the pension or other allowance.
Charitable gifts and donations of an average of $399 were made by 1,845 people.
The costs of tax affairs for 2,330 people were claimed for $337 each.