TaxStats for postcode 5061 FY2013

Postcode 5061 includes Hyde Park, Hyde Park, Malvern, Malvern, Unley, Unley, Unley Bc, Unley Dc, Unley Park, Unley Park in South Australia, and is in the federal electorate of Adelaide.

In FY 2013 the ATO recorded 6,795 individuals in postcode 5061. Of these people, 6,730 made a taxable income or loss. 5,625 of the population paid a gross amount of tax. After tax offsets, 5,205 people actually paid a net amount of tax. There were 1,525 non-taxable people who paid net tax of $0.

Compare TaxStats of 5061 with SA

5061 TaxStats FY2013%Ppl#Ppl5061
Avg
5061
Total
Total Individuals100%6,795
Income
Salary or Wage 69%4,690$66,398$311,408,751
Gross Interest66%4,515$2,799$12,636,222
Unfranked Dividends15%1,005$881$885,137
Franked Dividends35%2,355$14,755$34,748,087
Dividend Franking Credit34%2,340$6,362$14,887,482
Capital Gains8%510$22,780$11,617,597
Termination Payouts1%80$49,357$3,948,580
Tips/Directors Fees etc12%805$6,519$5,247,926
Business Income11%770$75,514$58,146,144
Foreign Income10%700$3,159$2,210,965
Government payments5%345$5,749$1,983,335
Government pensions4%275$9,344$2,569,670
Total Income or Loss99%6,755$88,296$596,439,779
Deducations
Charitable Gifts37%2,545$735$1,871,053
Cost of Tax Affairs44%2,980$818$2,437,676
Work Car expenses21%1,405$3,068$4,311,003
Work Travel expenses8%555$1,760$976,772
Self Education expenses3%185$2,294$424,464
Total Deductions80%5,430$5,155$27,993,980
Taxation
Taxable Income99%6,730$84,360$567,745,861
Medicare Levy 74%4,995$1,610$8,044,334
Medicare Surcharge 2%105$1,196$125,576
Gross Tax 83%5,625$27,964$157,299,034
Net Tax 77%5,205$30,879$160,725,406
Average Tax 100%6,795 $23,653$160,725,406
Gross Tax Rate 83%5,625 33%$157,299,034
Net Tax Rate 77%5,205 37%$160,725,406
Average Tax Rate 100%6,795 28%$160,725,406
%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 $84,360. It is estimated that the average taxable income for people who paid a net amount of tax was $105561.

The average net tax paid was $30,879. This equates to an average tax of 37 cents in the dollar on taxable income.

The Medicare levy was paid by 4,995 people for an average of $1,610. 105 people paid $1,196 on average more for the Medicare surcharge.

4,690 people earned a salary or wage and took home an average of $66,398 each.

Government allowance and payments were collected by 345 people for on average $5,749. 275 people received the pension or other allowance.

Charitable gifts and donations of an average of $735 were made by 2,545 people.

The costs of tax affairs for 2,980 people were claimed for $818 each.