TaxStats for postcode 5072 FY2013

Postcode 5072 includes Auldana, Magill, Magill North, Magill South, Rosslyn Park, Skye, Teringie, Woodforde in South Australia, and is in the federal electorate of Sturt.

In FY 2013 the ATO recorded 7,490 individuals in postcode 5072. Of these people, 7,450 made a taxable income or loss. 5,990 of the population paid a gross amount of tax. After tax offsets, 5,480 people actually paid a net amount of tax. There were 1,970 non-taxable people who paid net tax of $0.

Compare TaxStats of 5072 with SA

5072 TaxStats FY2013%Ppl#Ppl5072
Avg
5072
Total
Total Individuals100%7,490
Income
Salary or Wage 72%5,420$54,569$295,765,855
Gross Interest66%4,935$2,552$12,595,527
Unfranked Dividends11%855$908$776,704
Franked Dividends30%2,220$9,679$21,486,769
Dividend Franking Credit30%2,220$4,146$9,204,989
Capital Gains6%430$12,199$5,245,383
Termination Payouts1%80$31,033$2,482,619
Tips/Directors Fees etc12%905$3,127$2,830,070
Business Income9%710$32,988$23,421,315
Foreign Income8%580$1,538$891,846
Government payments6%430$5,054$2,173,265
Government pensions6%475$9,000$4,274,999
Total Income or Loss100%7,460$60,243$449,416,493
Deducations
Charitable Gifts35%2,610$477$1,245,776
Cost of Tax Affairs41%3,080$492$1,515,555
Work Car expenses23%1,695$2,307$3,910,026
Work Travel expenses7%520$1,632$848,425
Self Education expenses4%275$1,856$510,467
Total Deductions79%5,890$3,279$19,314,620
Taxation
Taxable Income99%7,450$57,692$429,802,922
Medicare Levy 71%5,290$1,110$5,874,340
Medicare Surcharge 1%80$1,201$96,072
Gross Tax 80%5,990$15,755$94,369,974
Net Tax 73%5,480$17,502$95,908,950
Average Tax 100%7,490 $12,805$95,908,950
Gross Tax Rate 80%5,990 27%$94,369,974
Net Tax Rate 73%5,480 30%$95,908,950
Average Tax Rate 100%7,490 22%$95,908,950
%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 $57,692. It is estimated that the average taxable income for people who paid a net amount of tax was $74117.

The average net tax paid was $17,502. This equates to an average tax of 30 cents in the dollar on taxable income.

The Medicare levy was paid by 5,290 people for an average of $1,110. 80 people paid $1,201 on average more for the Medicare surcharge.

5,420 people earned a salary or wage and took home an average of $54,569 each.

Government allowance and payments were collected by 430 people for on average $5,054. 475 people received the pension or other allowance.

Charitable gifts and donations of an average of $477 were made by 2,610 people.

The costs of tax affairs for 3,080 people were claimed for $492 each.