TaxStats for postcode 2906 FY2013

Postcode 2906 includes Banks, Conder, Gordon in Australian Capital Territory, and is in the federal electorate of Canberra.

In FY 2013 the ATO recorded 11,035 individuals in postcode 2906. Of these people, 11,010 made a taxable income or loss. 9,750 of the population paid a gross amount of tax. After tax offsets, 9,305 people actually paid a net amount of tax. There were 1,705 non-taxable people who paid net tax of $0.

Compare TaxStats of 2906 with ACT

2906 TaxStats FY2013%Ppl#Ppl2906
Avg
2906
Total
Total Individuals100%11,035
Income
Salary or Wage 89%9,835$62,709$616,745,702
Gross Interest56%6,200$925$5,735,284
Unfranked Dividends5%565$202$114,030
Franked Dividends22%2,450$1,749$4,284,490
Dividend Franking Credit22%2,430$753$1,830,330
Capital Gains3%325$8,895$2,891,027
Termination Payouts1%130$10,853$1,410,896
Tips/Directors Fees etc16%1,775$3,304$5,863,745
Business Income6%610$17,931$10,938,044
Foreign Income4%395$286$112,904
Government payments3%370$4,639$1,716,264
Government pensions4%415$7,992$3,316,820
Total Income or Loss100%11,015$62,334$686,611,876
Deducations
Charitable Gifts47%5,205$344$1,792,718
Cost of Tax Affairs45%4,980$336$1,671,787
Work Car expenses28%3,055$2,201$6,724,726
Work Travel expenses9%945$1,005$949,610
Self Education expenses5%590$1,475$870,329
Total Deductions87%9,555$2,284$21,822,294
Taxation
Taxable Income100%11,010$60,358$664,536,233
Medicare Levy 82%9,015$1,028$9,263,637
Medicare Surcharge 2%205$993$203,481
Gross Tax 88%9,750$14,036$136,855,472
Net Tax 84%9,305$15,149$140,956,994
Average Tax 100%11,035 $12,774$140,956,994
Gross Tax Rate 88%9,750 23%$136,855,472
Net Tax Rate 84%9,305 25%$140,956,994
Average Tax Rate 100%11,035 21%$140,956,994
%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 $60,358. It is estimated that the average taxable income for people who paid a net amount of tax was $69218.

The average net tax paid was $15,149. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 9,015 people for an average of $1,028. 205 people paid $993 on average more for the Medicare surcharge.

9,835 people earned a salary or wage and took home an average of $62,709 each.

Government allowance and payments were collected by 370 people for on average $4,639. 415 people received the pension or other allowance.

Charitable gifts and donations of an average of $344 were made by 5,205 people.

The costs of tax affairs for 4,980 people were claimed for $336 each.