TaxStats for postcode 5048 FY2013

Postcode 5048 includes Brighton, Brighton, Dover Gardens, Dover Gardens, Hove, Hove, North Brighton, North Brighton, South Brighton, South Brighton in South Australia, and is in the federal electorate of Boothby.

In FY 2013 the ATO recorded 8,435 individuals in postcode 5048. Of these people, 8,390 made a taxable income or loss. 6,800 of the population paid a gross amount of tax. After tax offsets, 6,140 people actually paid a net amount of tax. There were 2,250 non-taxable people who paid net tax of $0.

Compare TaxStats of 5048 with SA

5048 TaxStats FY2013%Ppl#Ppl5048
Avg
5048
Total
Total Individuals100%8,435
Income
Salary or Wage 73%6,185$54,668$338,119,835
Gross Interest64%5,370$2,357$12,655,394
Unfranked Dividends13%1,065$658$700,502
Franked Dividends30%2,525$6,100$15,401,809
Dividend Franking Credit30%2,515$2,623$6,596,010
Capital Gains6%485$8,918$4,325,342
Termination Payouts1%110$17,780$1,955,773
Tips/Directors Fees etc16%1,320$3,236$4,271,725
Business Income8%705$24,701$17,414,089
Foreign Income8%660$2,111$1,393,361
Government payments6%540$5,381$2,905,890
Government pensions9%780$8,669$6,762,208
Total Income or Loss100%8,415$56,653$476,735,669
Deducations
Charitable Gifts40%3,370$486$1,636,878
Cost of Tax Affairs45%3,820$375$1,433,648
Work Car expenses24%2,060$2,373$4,888,227
Work Travel expenses7%600$1,581$948,609
Self Education expenses3%295$1,505$444,105
Total Deductions82%6,885$2,939$20,238,162
Taxation
Taxable Income99%8,390$54,326$455,797,725
Medicare Levy 70%5,935$1,038$6,160,656
Medicare Surcharge 1%120$1,195$143,453
Gross Tax 81%6,800$13,958$94,911,614
Net Tax 73%6,140$15,468$94,975,737
Average Tax 100%8,435 $11,260$94,975,737
Gross Tax Rate 81%6,800 26%$94,911,614
Net Tax Rate 73%6,140 28%$94,975,737
Average Tax Rate 100%8,435 21%$94,975,737
%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 $54,326. It is estimated that the average taxable income for people who paid a net amount of tax was $69837.

The average net tax paid was $15,468. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 5,935 people for an average of $1,038. 120 people paid $1,195 on average more for the Medicare surcharge.

6,185 people earned a salary or wage and took home an average of $54,668 each.

Government allowance and payments were collected by 540 people for on average $5,381. 780 people received the pension or other allowance.

Charitable gifts and donations of an average of $486 were made by 3,370 people.

The costs of tax affairs for 3,820 people were claimed for $375 each.