TaxStats for postcode 2600 FY2013

Postcode 2600 includes Barton, Canberra, Capital Hill, Deakin, Deakin West, Duntroon, Fairbairn Raaf, Harman, Hmas Harman, Parkes, Parliament House, Russell, Russell Hill, Yarralumla in Australian Capital Territory, and is in the federal electorate of Canberra.

In FY 2013 the ATO recorded 5,755 individuals in postcode 2600. Of these people, 5,710 made a taxable income or loss. 4,960 of the population paid a gross amount of tax. After tax offsets, 4,725 people actually paid a net amount of tax. There were 985 non-taxable people who paid net tax of $0.

Compare TaxStats of 2600 with ACT

2600 TaxStats FY2013%Ppl#Ppl2600
Total Individuals100%5,755
Salary or Wage 70%4,025$82,137$330,601,387
Gross Interest71%4,105$3,618$14,852,802
Unfranked Dividends15%850$1,376$1,169,263
Franked Dividends40%2,320$21,533$49,956,733
Dividend Franking Credit40%2,315$9,244$21,399,382
Capital Gains8%485$18,249$8,850,681
Termination Payouts1%75$33,617$2,521,256
Tips/Directors Fees etc13%740$7,696$5,694,789
Business Income7%425$65,063$27,651,931
Foreign Income12%710$1,560$1,107,486
Government payments3%175$4,957$867,475
Government pensions3%195$7,451$1,452,867
Total Income or Loss100%5,735$99,965$573,299,830
Charitable Gifts46%2,670$1,200$3,204,085
Cost of Tax Affairs49%2,835$2,155$6,109,259
Work Car expenses18%1,020$2,721$2,775,095
Work Travel expenses9%495$1,679$831,025
Self Education expenses5%290$2,279$660,913
Total Deductions85%4,870$5,566$27,105,815
Taxable Income99%5,710$95,408$544,781,498
Medicare Levy 76%4,350$1,731$7,528,054
Medicare Surcharge 2%115$1,130$129,935
Gross Tax 86%4,960$31,337$155,433,316
Net Tax 82%4,725$33,081$156,305,841
Average Tax 100%5,755 $27,160$156,305,841
Gross Tax Rate 86%4,960 33%$155,433,316
Net Tax Rate 82%4,725 35%$156,305,841
Average Tax Rate 100%5,755 28%$156,305,841
%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 $95,408. It is estimated that the average taxable income for people who paid a net amount of tax was $112796.

The average net tax paid was $33,081. This equates to an average tax of 35 cents in the dollar on taxable income.

The Medicare levy was paid by 4,350 people for an average of $1,731. 115 people paid $1,130 on average more for the Medicare surcharge.

4,025 people earned a salary or wage and took home an average of $82,137 each.

Government allowance and payments were collected by 175 people for on average $4,957. 195 people received the pension or other allowance.

Charitable gifts and donations of an average of $1,200 were made by 2,670 people.

The costs of tax affairs for 2,835 people were claimed for $2,155 each.