TaxStats for postcode 5068 FY2013

Postcode 5068 includes Heathpool, Kensington, Kensington Gardens, Kensington Park, Leabrook, Marryatville, St Morris, Trinity Gardens in South Australia, and is in the federal electorate of Sturt.

In FY 2013 the ATO recorded 7,485 individuals in postcode 5068. Of these people, 7,445 made a taxable income or loss. 6,090 of the population paid a gross amount of tax. After tax offsets, 5,590 people actually paid a net amount of tax. There were 1,855 non-taxable people who paid net tax of $0.

Compare TaxStats of 5068 with SA

5068 TaxStats FY2013%Ppl#Ppl5068
Total Individuals100%7,485
Salary or Wage 71%5,295$57,656$305,285,957
Gross Interest67%4,980$2,794$13,913,092
Unfranked Dividends14%1,065$1,001$1,066,534
Franked Dividends34%2,580$12,362$31,894,446
Dividend Franking Credit34%2,570$5,317$13,665,724
Capital Gains7%520$17,425$9,061,036
Termination Payouts1%95$19,518$1,854,186
Tips/Directors Fees etc12%900$3,984$3,585,155
Business Income11%805$45,163$36,356,053
Foreign Income11%795$4,124$3,278,777
Government payments6%425$5,301$2,253,131
Government pensions6%460$9,328$4,290,974
Total Income or Loss100%7,460$69,389$517,642,124
Charitable Gifts38%2,815$797$2,244,751
Cost of Tax Affairs43%3,240$569$1,842,552
Work Car expenses23%1,685$2,617$4,409,074
Work Travel expenses6%480$1,780$854,553
Self Education expenses4%265$2,164$573,371
Total Deductions79%5,935$4,011$23,804,534
Taxable Income99%7,445$66,266$493,351,217
Medicare Levy 71%5,345$1,267$6,774,230
Medicare Surcharge 1%70$1,156$80,905
Gross Tax 81%6,090$19,516$118,854,381
Net Tax 75%5,590$21,656$121,056,473
Average Tax 100%7,485 $16,173$121,056,473
Gross Tax Rate 81%6,090 29%$118,854,381
Net Tax Rate 75%5,590 33%$121,056,473
Average Tax Rate 100%7,485 24%$121,056,473
%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 $66,266. It is estimated that the average taxable income for people who paid a net amount of tax was $84274.

The average net tax paid was $21,656. This equates to an average tax of 33 cents in the dollar on taxable income.

The Medicare levy was paid by 5,345 people for an average of $1,267. 70 people paid $1,156 on average more for the Medicare surcharge.

5,295 people earned a salary or wage and took home an average of $57,656 each.

Government allowance and payments were collected by 425 people for on average $5,301. 460 people received the pension or other allowance.

Charitable gifts and donations of an average of $797 were made by 2,815 people.

The costs of tax affairs for 3,240 people were claimed for $569 each.