TaxStats for postcode 5065 FY2013

Postcode 5065 includes Dulwich, Glenside, Linden Park, Toorak Gardens, Tusmore in South Australia, and is in the federal electorate of Adelaide.

In FY 2013 the ATO recorded 6,585 individuals in postcode 5065. Of these people, 6,540 made a taxable income or loss. 5,355 of the population paid a gross amount of tax. After tax offsets, 4,880 people actually paid a net amount of tax. There were 1,660 non-taxable people who paid net tax of $0.

Compare TaxStats of 5065 with SA

5065 TaxStats FY2013%Ppl#Ppl5065
Avg
5065
Total
Total Individuals100%6,585
Income
Salary or Wage 65%4,295$63,249$271,654,246
Gross Interest71%4,680$3,129$14,644,390
Unfranked Dividends17%1,130$1,091$1,232,561
Franked Dividends40%2,635$14,713$38,768,350
Dividend Franking Credit40%2,630$6,316$16,610,307
Capital Gains9%590$12,582$7,423,203
Termination Payouts1%80$25,192$2,015,323
Tips/Directors Fees etc11%750$4,867$3,649,992
Business Income11%705$60,430$42,603,236
Foreign Income12%820$1,075$881,726
Government payments4%290$5,492$1,592,814
Government pensions7%470$8,514$4,001,358
Total Income or Loss100%6,555$78,242$512,874,602
Deducations
Charitable Gifts38%2,470$841$2,076,778
Cost of Tax Affairs43%2,830$602$1,703,851
Work Car expenses20%1,325$2,778$3,680,190
Work Travel expenses7%465$1,947$905,125
Self Education expenses3%180$1,939$349,022
Total Deductions79%5,215$4,504$23,488,407
Taxation
Taxable Income99%6,540$74,760$488,928,489
Medicare Levy 70%4,635$1,456$6,748,154
Medicare Surcharge 1%65$1,258$81,785
Gross Tax 81%5,355$23,897$127,968,684
Net Tax 74%4,880$26,619$129,901,134
Average Tax 100%6,585 $19,727$129,901,134
Gross Tax Rate 81%5,355 32%$127,968,684
Net Tax Rate 74%4,880 36%$129,901,134
Average Tax Rate 100%6,585 26%$129,901,134
%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 $74,760. It is estimated that the average taxable income for people who paid a net amount of tax was $96108.

The average net tax paid was $26,619. This equates to an average tax of 36 cents in the dollar on taxable income.

The Medicare levy was paid by 4,635 people for an average of $1,456. 65 people paid $1,258 on average more for the Medicare surcharge.

4,295 people earned a salary or wage and took home an average of $63,249 each.

Government allowance and payments were collected by 290 people for on average $5,492. 470 people received the pension or other allowance.

Charitable gifts and donations of an average of $841 were made by 2,470 people.

The costs of tax affairs for 2,830 people were claimed for $602 each.