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#Ppl5045
Total Individuals100%10,460
Salary or Wage 75%7,840$56,187$440,504,411
Gross Interest60%6,315$2,544$16,067,578
Unfranked Dividends12%1,230$749$921,019
Franked Dividends28%2,900$11,636$33,743,853
Dividend Franking Credit28%2,890$5,004$14,460,354
Capital Gains6%620$15,428$9,565,248
Termination Payouts2%165$16,429$2,710,848
Tips/Directors Fees etc14%1,515$4,337$6,570,791
Business Income9%895$26,845$24,026,398
Foreign Income7%685$929$636,367
Government payments6%650$5,262$3,420,241
Government pensions6%640$9,459$6,053,500
Total Income or Loss100%10,430$62,944$656,507,461
Charitable Gifts34%3,555$604$2,146,011
Cost of Tax Affairs45%4,660$453$2,111,277
Work Car expenses24%2,495$2,546$6,351,576
Work Travel expenses8%815$1,780$1,451,061
Self Education expenses4%375$1,683$631,265
Total Deductions80%8,415$3,483$29,311,044
Taxable Income100%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.