TaxStats for postcode 5067 FY2013

Postcode 5067 includes Beulah Park, Kent Town, Norwood, Norwood South, Rose Park in South Australia, and is in the federal electorate of Sturt.

In FY 2013 the ATO recorded 6,625 individuals in postcode 5067. Of these people, 6,580 made a taxable income or loss. 5,470 of the population paid a gross amount of tax. After tax offsets, 5,095 people actually paid a net amount of tax. There were 1,485 non-taxable people who paid net tax of $0.

Compare TaxStats of 5067 with SA

5067 TaxStats FY2013%Ppl#Ppl5067
Avg
5067
Total
Total Individuals100%6,625
Income
Salary or Wage 75%4,985$61,537$306,764,051
Gross Interest65%4,300$2,554$10,981,280
Unfranked Dividends12%765$1,471$1,125,595
Franked Dividends27%1,815$15,097$27,400,314
Dividend Franking Credit27%1,805$6,504$11,739,920
Capital Gains6%430$21,786$9,368,092
Termination Payouts2%110$23,233$2,555,598
Tips/Directors Fees etc13%875$4,223$3,694,726
Business Income12%795$45,456$36,137,484
Foreign Income9%585$1,535$898,075
Government payments7%460$5,568$2,561,286
Government pensions4%290$8,805$2,553,513
Total Income or Loss100%6,595$74,713$492,733,150
Deducations
Charitable Gifts36%2,395$5,389$12,907,664
Cost of Tax Affairs43%2,840$590$1,676,280
Work Car expenses22%1,450$2,604$3,775,955
Work Travel expenses9%610$1,749$1,067,063
Self Education expenses5%305$2,150$655,598
Total Deductions81%5,335$6,375$34,008,429
Taxation
Taxable Income99%6,580$69,614$458,059,463
Medicare Levy 73%4,850$1,311$6,356,295
Medicare Surcharge 2%100$1,262$126,188
Gross Tax 83%5,470$20,818$113,872,849
Net Tax 77%5,095$22,860$116,473,609
Average Tax 100%6,625 $17,581$116,473,609
Gross Tax Rate 83%5,470 30%$113,872,849
Net Tax Rate 77%5,095 33%$116,473,609
Average Tax Rate 100%6,625 25%$116,473,609
%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 $69,614. It is estimated that the average taxable income for people who paid a net amount of tax was $86406.

The average net tax paid was $22,860. This equates to an average tax of 33 cents in the dollar on taxable income.

The Medicare levy was paid by 4,850 people for an average of $1,311. 100 people paid $1,262 on average more for the Medicare surcharge.

4,985 people earned a salary or wage and took home an average of $61,537 each.

Government allowance and payments were collected by 460 people for on average $5,568. 290 people received the pension or other allowance.

Charitable gifts and donations of an average of $5,389 were made by 2,395 people.

The costs of tax affairs for 2,840 people were claimed for $590 each.