TaxStats for postcode 5047 FY2013

Postcode 5047 includes Darlington, Darlington, Seacombe Gardens, Seacombe Gardens, Seacombe Heights, Seacombe Heights, Sturt, Sturt in South Australia, and is in the federal electorate of Boothby.

In FY 2013 the ATO recorded 4,155 individuals in postcode 5047. Of these people, 4,135 made a taxable income or loss. 3,330 of the population paid a gross amount of tax. After tax offsets, 3,045 people actually paid a net amount of tax. There were 1,090 non-taxable people who paid net tax of $0.

Compare TaxStats of 5047 with SA

5047 TaxStats FY2013%Ppl#Ppl5047
Avg
5047
Total
Total Individuals100%4,155
Income
Salary or Wage 80%3,315$47,033$155,914,273
Gross Interest56%2,335$1,414$3,302,247
Unfranked Dividends7%310$335$103,878
Franked Dividends20%835$3,841$3,207,468
Dividend Franking Credit20%830$1,656$1,374,357
Capital Gains3%135$8,918$1,203,896
Termination Payouts1%45$11,223$505,044
Tips/Directors Fees etc17%695$2,364$1,643,302
Business Income8%330$20,270$6,688,950
Foreign Income4%180$760$136,841
Government payments10%400$5,376$2,150,230
Government pensions8%325$8,376$2,722,295
Total Income or Loss100%4,135$46,773$193,404,482
Deducations
Charitable Gifts35%1,445$296$427,849
Cost of Tax Affairs44%1,830$246$450,092
Work Car expenses26%1,060$2,036$2,158,277
Work Travel expenses8%315$1,512$476,370
Self Education expenses4%155$1,485$230,141
Total Deductions81%3,375$2,259$7,624,416
Taxation
Taxable Income100%4,135$44,911$185,707,151
Medicare Levy 70%2,910$844$2,454,903
Medicare Surcharge 1%45$1,100$49,502
Gross Tax 80%3,330$9,658$32,161,827
Net Tax 73%3,045$10,721$32,644,405
Average Tax 100%4,155 $7,857$32,644,405
Gross Tax Rate 80%3,330 22%$32,161,827
Net Tax Rate 73%3,045 24%$32,644,405
Average Tax Rate 100%4,155 17%$32,644,405
%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 $44,911. It is estimated that the average taxable income for people who paid a net amount of tax was $56692.

The average net tax paid was $10,721. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 2,910 people for an average of $844. 45 people paid $1,100 on average more for the Medicare surcharge.

3,315 people earned a salary or wage and took home an average of $47,033 each.

Government allowance and payments were collected by 400 people for on average $5,376. 325 people received the pension or other allowance.

Charitable gifts and donations of an average of $296 were made by 1,445 people.

The costs of tax affairs for 1,830 people were claimed for $246 each.