TaxStats for postcode 6720 FY2013

Postcode 6720 includes Cossack, Point Samson, Wickham in Western Australia, and is in the federal electorate of Durack.

In FY 2013 the ATO recorded 1,185 individuals in postcode 6720. Of these people, 1,180 made a taxable income or loss. 1,065 of the population paid a gross amount of tax. After tax offsets, 1,040 people actually paid a net amount of tax. There were 140 non-taxable people who paid net tax of $0.

Compare TaxStats of 6720 with WA

6720 TaxStats FY2013%Ppl#Ppl6720
Total Individuals100%1,185
Salary or Wage 94%1,115$96,386$107,470,525
Gross Interest54%640$1,099$703,083
Unfranked Dividends4%50$218$10,920
Franked Dividends14%160$5,072$811,483
Dividend Franking Credit14%160$2,173$347,694
Capital Gains3%30$19,228$576,832
Termination Payouts4%45$5,945$267,540
Tips/Directors Fees etc12%145$4,670$677,088
Business Income3%40$14,124$564,946
Foreign Income3%30$227$6,818
Government payments5%55$4,688$257,853
Government pensions2%20$9,318$186,361
Total Income or Loss100%1,180$95,023$112,127,686
Charitable Gifts38%450$383$172,386
Cost of Tax Affairs62%740$413$305,355
Work Car expenses20%235$1,965$461,819
Work Travel expenses5%65$1,326$86,182
Self Education expenses4%50$1,580$79,008
Total Deductions92%1,085$2,057$2,231,857
Taxable Income100%1,180$93,077$109,830,618
Medicare Levy 86%1,025$1,563$1,601,596
Medicare Surcharge 11%130$1,230$159,889
Gross Tax 90%1,065$26,806$28,548,272
Net Tax 88%1,040$28,474$29,613,006
Average Tax 100%1,185 $24,990$29,613,006
Gross Tax Rate 90%1,065 29%$28,548,272
Net Tax Rate 88%1,040 31%$29,613,006
Average Tax Rate 100%1,185 27%$29,613,006
%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 $93,077. It is estimated that the average taxable income for people who paid a net amount of tax was $103991.

The average net tax paid was $28,474. This equates to an average tax of 31 cents in the dollar on taxable income.

The Medicare levy was paid by 1,025 people for an average of $1,563. 130 people paid $1,230 on average more for the Medicare surcharge.

1,115 people earned a salary or wage and took home an average of $96,386 each.

Government allowance and payments were collected by 55 people for on average $4,688. 20 people received the pension or other allowance.

Charitable gifts and donations of an average of $383 were made by 450 people.

The costs of tax affairs for 740 people were claimed for $413 each.