TaxStats for postcode 5049 FY2013

Postcode 5049 includes Kingston Park, Kingston Park, Marino, Marino, Seacliff, Seacliff, Seacliff Park, Seacliff Park, Seaview Downs, Seaview Downs in South Australia, and is in the federal electorate of Boothby.

In FY 2013 the ATO recorded 6,270 individuals in postcode 5049. Of these people, 6,240 made a taxable income or loss. 5,080 of the population paid a gross amount of tax. After tax offsets, 4,685 people actually paid a net amount of tax. There were 1,555 non-taxable people who paid net tax of $0.

Compare TaxStats of 5049 with SA

5049 TaxStats FY2013%Ppl#Ppl5049
Avg
5049
Total
Total Individuals100%6,270
Income
Salary or Wage 74%4,645$55,263$256,697,308
Gross Interest61%3,805$2,191$8,335,068
Unfranked Dividends11%670$735$492,179
Franked Dividends26%1,620$6,076$9,842,428
Dividend Franking Credit26%1,615$2,611$4,216,493
Capital Gains5%295$16,528$4,875,798
Termination Payouts2%95$19,010$1,805,967
Tips/Directors Fees etc16%980$3,104$3,041,811
Business Income9%595$24,080$14,327,333
Foreign Income6%395$747$295,101
Government payments6%360$5,250$1,890,108
Government pensions7%445$8,951$3,983,123
Total Income or Loss100%6,250$57,296$358,099,718
Deducations
Charitable Gifts37%2,310$461$1,064,960
Cost of Tax Affairs46%2,900$359$1,041,184
Work Car expenses26%1,630$2,270$3,699,494
Work Travel expenses8%515$1,485$764,947
Self Education expenses4%230$1,373$315,738
Total Deductions82%5,130$2,955$15,158,426
Taxation
Taxable Income100%6,240$54,873$342,408,560
Medicare Levy 72%4,525$1,036$4,685,675
Medicare Surcharge 2%105$1,194$125,409
Gross Tax 81%5,080$14,232$72,299,841
Net Tax 75%4,685$15,676$73,441,653
Average Tax 100%6,270 $11,713$73,441,653
Gross Tax Rate 81%5,080 26%$72,299,841
Net Tax Rate 75%4,685 29%$73,441,653
Average Tax Rate 100%6,270 21%$73,441,653
%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 $54,873. It is estimated that the average taxable income for people who paid a net amount of tax was $69103.

The average net tax paid was $15,676. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 4,525 people for an average of $1,036. 105 people paid $1,194 on average more for the Medicare surcharge.

4,645 people earned a salary or wage and took home an average of $55,263 each.

Government allowance and payments were collected by 360 people for on average $5,250. 445 people received the pension or other allowance.

Charitable gifts and donations of an average of $461 were made by 2,310 people.

The costs of tax affairs for 2,900 people were claimed for $359 each.