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#Ppl5042
Total Individuals100%5,800
Salary or Wage 77%4,475$44,894$200,899,593
Gross Interest58%3,375$1,873$6,319,745
Unfranked Dividends8%485$506$245,449
Franked Dividends20%1,175$6,221$7,310,143
Dividend Franking Credit20%1,175$2,666$3,132,906
Capital Gains4%240$8,725$2,093,900
Termination Payouts1%70$5,890$412,273
Tips/Directors Fees etc15%860$2,095$1,802,111
Business Income8%450$19,061$8,577,671
Foreign Income5%315$629$198,065
Government payments9%500$5,644$2,821,774
Government pensions8%460$9,337$4,294,984
Total Income or Loss100%5,785$45,491$263,167,600
Charitable Gifts32%1,845$399$735,458
Cost of Tax Affairs40%2,330$337$784,071
Work Car expenses19%1,120$2,021$2,263,458
Work Travel expenses6%325$1,441$468,237
Self Education expenses4%225$1,995$448,978
Total Deductions77%4,460$2,164$9,651,588
Taxable Income100%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.