TaxStats for postcode 6716 FY2013

Postcode 6716 includes Fortescue, Hamersley Range, Millstream, Pannawonica in Western Australia, and is in the federal electorate of Durack.

In FY 2013 the ATO recorded 370 individuals in postcode 6716. Of these people, 370 made a taxable income or loss. 325 of the population paid a gross amount of tax. After tax offsets, 320 people actually paid a net amount of tax. There were 50 non-taxable people who paid net tax of $0.

Compare TaxStats of 6716 with WA

6716 TaxStats FY2013%Ppl#Ppl6716
Total Individuals100%370
Salary or Wage 95%350$107,988$37,795,838
Gross Interest58%215$828$178,079
Unfranked Dividends5%20$208$4,163
Franked Dividends12%45$1,159$52,150
Dividend Franking Credit11%40$558$22,337
Capital Gains1%5$36,985$184,923
Termination Payouts1%5$8,227$41,135
Tips/Directors Fees etc4%15$1,472$22,085
Business Income3%10$2,707$27,073
Foreign Income3%10$740$7,398
Government payments3%10$4,668$46,682
Government pensions%0$$0
Total Income or Loss100%370$101,048$37,387,856
Charitable Gifts39%145$471$68,233
Cost of Tax Affairs59%220$505$111,019
Work Car expenses12%45$1,805$81,203
Work Travel expenses4%15$1,242$18,633
Self Education expenses4%15$1,198$17,977
Total Deductions92%340$1,890$642,664
Taxable Income100%370$99,303$36,742,293
Medicare Levy 86%320$1,679$537,199
Medicare Surcharge 7%25$906$22,652
Gross Tax 88%325$30,208$9,817,662
Net Tax 86%320$31,606$10,113,934
Average Tax 100%370 $27,335$10,113,934
Gross Tax Rate 88%325 30%$9,817,662
Net Tax Rate 86%320 32%$10,113,934
Average Tax Rate 100%370 28%$10,113,934
%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 $99,303. It is estimated that the average taxable income for people who paid a net amount of tax was $112945.

The average net tax paid was $31,606. This equates to an average tax of 32 cents in the dollar on taxable income.

The Medicare levy was paid by 320 people for an average of $1,679. 25 people paid $906 on average more for the Medicare surcharge.

350 people earned a salary or wage and took home an average of $107,988 each.

Government allowance and payments were collected by 10 people for on average $4,668. 0 people received the pension or other allowance.

Charitable gifts and donations of an average of $471 were made by 145 people.

The costs of tax affairs for 220 people were claimed for $505 each.