TaxStats for postcode 5045 FY2013
Postcode 5045 includes Glenelg, Glenelg, Glenelg East, Glenelg East, Glenelg Jetty Road, Glenelg North, Glenelg South, Glenelg South in South Australia, and is in the federal electorate of Hindmarsh.
In FY 2013 the ATO recorded 10,460 individuals in postcode 5045. Of these people, 10,410 made a taxable income or loss. 8,645 of the population paid a gross amount of tax. After tax offsets, 7,940 people actually paid a net amount of tax. There were 2,470 non-taxable people who paid net tax of $0.
Compare TaxStats of 5045 with SA
| 5045 TaxStats FY2013 | %Ppl | #Ppl | 5045 Avg | 5045 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 10,460 | ||
| Income | ||||
| Salary or Wage | 75% | 7,840 | $56,187 | $440,504,411 |
| Gross Interest | 60% | 6,315 | $2,544 | $16,067,578 |
| Unfranked Dividends | 12% | 1,230 | $749 | $921,019 |
| Franked Dividends | 28% | 2,900 | $11,636 | $33,743,853 |
| Dividend Franking Credit | 28% | 2,890 | $5,004 | $14,460,354 |
| Capital Gains | 6% | 620 | $15,428 | $9,565,248 |
| Termination Payouts | 2% | 165 | $16,429 | $2,710,848 |
| Tips/Directors Fees etc | 14% | 1,515 | $4,337 | $6,570,791 |
| Business Income | 9% | 895 | $26,845 | $24,026,398 |
| Foreign Income | 7% | 685 | $929 | $636,367 |
| Government payments | 6% | 650 | $5,262 | $3,420,241 |
| Government pensions | 6% | 640 | $9,459 | $6,053,500 |
| Total Income or Loss | 100% | 10,430 | $62,944 | $656,507,461 |
| Deducations | ||||
| Charitable Gifts | 34% | 3,555 | $604 | $2,146,011 |
| Cost of Tax Affairs | 45% | 4,660 | $453 | $2,111,277 |
| Work Car expenses | 24% | 2,495 | $2,546 | $6,351,576 |
| Work Travel expenses | 8% | 815 | $1,780 | $1,451,061 |
| Self Education expenses | 4% | 375 | $1,683 | $631,265 |
| Total Deductions | 80% | 8,415 | $3,483 | $29,311,044 |
| Taxation | ||||
| Taxable Income | 100% | 10,410 | $60,165 | $626,316,949 |
| Medicare Levy | 73% | 7,600 | $1,122 | $8,527,530 |
| Medicare Surcharge | 1% | 140 | $1,300 | $182,068 |
| Gross Tax | 83% | 8,645 | $16,272 | $140,673,996 |
| Net Tax | 76% | 7,940 | $18,000 | $142,920,472 |
| Average Tax | 100% | 10,460 | $13,664 | $142,920,472 |
| Gross Tax Rate | 83% | 8,645 | 27% | $140,673,996 |
| Net Tax Rate | 76% | 7,940 | 30% | $142,920,472 |
| Average Tax Rate | 100% | 10,460 | 23% | $142,920,472 |
| %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 $60,165. It is estimated that the average taxable income for people who paid a net amount of tax was $75148.
The average net tax paid was $18,000. This equates to an average tax of 30 cents in the dollar on taxable income.
The Medicare levy was paid by 7,600 people for an average of $1,122. 140 people paid $1,300 on average more for the Medicare surcharge.
7,840 people earned a salary or wage and took home an average of $56,187 each.
Government allowance and payments were collected by 650 people for on average $5,262. 640 people received the pension or other allowance.
Charitable gifts and donations of an average of $604 were made by 3,555 people.
The costs of tax affairs for 4,660 people were claimed for $453 each.