TaxStats for postcode 5043 FY2013

Postcode 5043 includes Ascot Park, Ascot Park, Marion, Marion, Mitchell Park, Mitchell Park, Morphettville, Morphettville, Park Holme, Park Holme in South Australia, and is in the federal electorate of Hindmarsh.

In FY 2013 the ATO recorded 9,240 individuals in postcode 5043. Of these people, 9,210 made a taxable income or loss. 7,440 of the population paid a gross amount of tax. After tax offsets, 6,775 people actually paid a net amount of tax. There were 2,435 non-taxable people who paid net tax of $0.

Compare TaxStats of 5043 with SA

5043 TaxStats FY2013%Ppl#Ppl5043
Total Individuals100%9,240
Salary or Wage 80%7,410$47,181$349,607,963
Gross Interest59%5,420$1,446$7,840,026
Unfranked Dividends8%760$559$425,002
Franked Dividends20%1,875$3,414$6,401,073
Dividend Franking Credit20%1,875$1,462$2,742,162
Capital Gains3%285$7,527$2,145,105
Termination Payouts1%125$10,340$1,292,487
Tips/Directors Fees etc16%1,520$2,246$3,414,128
Business Income8%725$19,036$13,801,385
Foreign Income5%450$629$283,022
Government payments10%885$5,752$5,090,203
Government pensions8%710$8,896$6,316,108
Total Income or Loss100%9,215$46,468$428,202,701
Charitable Gifts35%3,210$352$1,129,438
Cost of Tax Affairs43%3,955$249$985,645
Work Car expenses24%2,220$2,067$4,588,620
Work Travel expenses7%620$1,441$893,208
Self Education expenses4%415$1,545$641,358
Total Deductions81%7,495$2,133$15,984,271
Taxable Income100%9,210$44,721$411,875,949
Medicare Levy 70%6,445$837$5,395,716
Medicare Surcharge 1%85$1,044$88,735
Gross Tax 81%7,440$9,573$71,226,799
Net Tax 73%6,775$10,588$71,732,797
Average Tax 100%9,240 $7,763$71,732,797
Gross Tax Rate 81%7,440 21%$71,226,799
Net Tax Rate 73%6,775 24%$71,732,797
Average Tax Rate 100%9,240 17%$71,732,797
%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 $44,721. It is estimated that the average taxable income for people who paid a net amount of tax was $56481.

The average net tax paid was $10,588. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 6,445 people for an average of $837. 85 people paid $1,044 on average more for the Medicare surcharge.

7,410 people earned a salary or wage and took home an average of $47,181 each.

Government allowance and payments were collected by 885 people for on average $5,752. 710 people received the pension or other allowance.

Charitable gifts and donations of an average of $352 were made by 3,210 people.

The costs of tax affairs for 3,955 people were claimed for $249 each.