TaxStats for postcode 5044 FY2013

Postcode 5044 includes Glengowrie, Glengowrie, Somerton Park, Somerton Park in South Australia, and is in the federal electorate of Hindmarsh.

In FY 2013 the ATO recorded 6,580 individuals in postcode 5044. Of these people, 6,550 made a taxable income or loss. 5,400 of the population paid a gross amount of tax. After tax offsets, 4,950 people actually paid a net amount of tax. There were 1,600 non-taxable people who paid net tax of $0.

Compare TaxStats of 5044 with SA

5044 TaxStats FY2013%Ppl#Ppl5044
Total Individuals100%6,580
Salary or Wage 72%4,725$57,533$271,843,358
Gross Interest64%4,185$2,551$10,676,597
Unfranked Dividends14%910$880$800,561
Franked Dividends33%2,190$8,176$17,904,812
Dividend Franking Credit33%2,185$3,510$7,669,957
Capital Gains6%420$33,794$14,193,591
Termination Payouts1%80$18,545$1,483,579
Tips/Directors Fees etc15%955$3,756$3,587,118
Business Income9%585$28,430$16,631,811
Foreign Income8%500$581$290,614
Government payments6%365$5,293$1,931,959
Government pensions8%555$8,661$4,807,038
Total Income or Loss100%6,555$62,729$411,186,624
Charitable Gifts38%2,530$401$1,013,963
Cost of Tax Affairs45%2,945$384$1,131,305
Work Car expenses24%1,585$2,525$4,002,741
Work Travel expenses7%440$1,628$716,245
Self Education expenses4%240$2,096$503,065
Total Deductions81%5,325$3,274$17,431,807
Taxable Income100%6,550$60,058$393,377,627
Medicare Levy 72%4,760$1,132$5,386,795
Medicare Surcharge 1%60$1,114$66,844
Gross Tax 82%5,400$16,361$88,346,915
Net Tax 75%4,950$18,084$89,514,781
Average Tax 100%6,580 $13,604$89,514,781
Gross Tax Rate 82%5,400 27%$88,346,915
Net Tax Rate 75%4,950 30%$89,514,781
Average Tax Rate 100%6,580 23%$89,514,781
%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 $60,058. It is estimated that the average taxable income for people who paid a net amount of tax was $75591.

The average net tax paid was $18,084. This equates to an average tax of 30 cents in the dollar on taxable income.

The Medicare levy was paid by 4,760 people for an average of $1,132. 60 people paid $1,114 on average more for the Medicare surcharge.

4,725 people earned a salary or wage and took home an average of $57,533 each.

Government allowance and payments were collected by 365 people for on average $5,293. 555 people received the pension or other allowance.

Charitable gifts and donations of an average of $401 were made by 2,530 people.

The costs of tax affairs for 2,945 people were claimed for $384 each.