TaxStats for postcode 2602 FY2013

Postcode 2602 includes Ainslie, Dickson, Downer, Hackett, Lyneham, O'Connor, O'Connor, Watson in Australian Capital Territory, and is in the federal electorate of Fraser.

In FY 2013 the ATO recorded 19,110 individuals in postcode 2602. Of these people, 19,065 made a taxable income or loss. 16,355 of the population paid a gross amount of tax. After tax offsets, 15,400 people actually paid a net amount of tax. There were 3,665 non-taxable people who paid net tax of $0.

Compare TaxStats of 2602 with ACT

2602 TaxStats FY2013%Ppl#Ppl2602
Total Individuals100%19,110
Salary or Wage 81%15,525$67,311$1,045,005,856
Gross Interest68%13,075$2,083$27,229,224
Unfranked Dividends9%1,695$639$1,082,919
Franked Dividends29%5,525$4,609$25,466,794
Dividend Franking Credit29%5,500$1,980$10,887,482
Capital Gains5%995$11,497$11,439,435
Termination Payouts1%205$15,450$3,167,167
Tips/Directors Fees etc12%2,310$3,507$8,101,043
Business Income7%1,355$19,497$26,418,974
Foreign Income8%1,505$975$1,467,037
Government payments6%1,075$5,558$5,975,182
Government pensions5%940$7,661$7,201,386
Total Income or Loss100%19,080$68,176$1,300,797,247
Charitable Gifts47%8,990$695$6,248,164
Cost of Tax Affairs41%7,840$447$3,503,514
Work Car expenses19%3,580$1,846$6,609,729
Work Travel expenses9%1,695$1,154$1,956,768
Self Education expenses6%1,165$2,202$2,565,722
Total Deductions81%15,570$2,640$41,103,760
Taxable Income100%19,065$66,017$1,258,614,570
Medicare Levy 77%14,650$1,173$17,178,278
Medicare Surcharge 3%590$1,165$687,168
Gross Tax 86%16,355$17,386$284,355,118
Net Tax 81%15,400$18,683$287,725,091
Average Tax 100%19,110 $15,056$287,725,091
Gross Tax Rate 86%16,355 26%$284,355,118
Net Tax Rate 81%15,400 28%$287,725,091
Average Tax Rate 100%19,110 23%$287,725,091
%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 $66,017. It is estimated that the average taxable income for people who paid a net amount of tax was $78872.

The average net tax paid was $18,683. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 14,650 people for an average of $1,173. 590 people paid $1,165 on average more for the Medicare surcharge.

15,525 people earned a salary or wage and took home an average of $67,311 each.

Government allowance and payments were collected by 1,075 people for on average $5,558. 940 people received the pension or other allowance.

Charitable gifts and donations of an average of $695 were made by 8,990 people.

The costs of tax affairs for 7,840 people were claimed for $447 each.