TaxStats for postcode 2603 FY2013

Postcode 2603 includes Forrest, Griffith, Manuka, Red Hill in Australian Capital Territory, and is in the federal electorate of Canberra.

In FY 2013 the ATO recorded 6,180 individuals in postcode 2603. Of these people, 6,150 made a taxable income or loss. 5,370 of the population paid a gross amount of tax. After tax offsets, 5,140 people actually paid a net amount of tax. There were 1,010 non-taxable people who paid net tax of $0.

Compare TaxStats of 2603 with ACT

2603 TaxStats FY2013%Ppl#Ppl2603
Total Individuals100%6,180
Salary or Wage 74%4,600$81,200$373,517,913
Gross Interest71%4,380$3,541$15,509,702
Unfranked Dividends14%855$1,151$984,025
Franked Dividends39%2,400$17,031$40,873,890
Dividend Franking Credit39%2,390$7,328$17,514,066
Capital Gains8%465$40,604$18,881,089
Termination Payouts1%70$16,688$1,168,153
Tips/Directors Fees etc13%775$7,238$5,609,488
Business Income8%475$88,027$41,812,797
Foreign Income11%700$3,053$2,137,152
Government payments4%225$5,449$1,225,973
Government pensions3%170$9,161$1,557,289
Total Income or Loss100%6,165$104,115$641,870,104
Charitable Gifts45%2,760$1,145$3,160,393
Cost of Tax Affairs47%2,885$1,069$3,082,913
Work Car expenses19%1,180$2,660$3,139,182
Work Travel expenses8%490$1,350$661,678
Self Education expenses5%330$3,029$999,558
Total Deductions83%5,145$4,964$25,540,978
Taxable Income100%6,150$100,079$615,488,783
Medicare Levy 79%4,880$1,778$8,674,996
Medicare Surcharge 2%145$2,266$328,641
Gross Tax 87%5,370$32,977$177,086,957
Net Tax 83%5,140$35,150$180,669,996
Average Tax 100%6,180 $29,235$180,669,996
Gross Tax Rate 87%5,370 33%$177,086,957
Net Tax Rate 83%5,140 35%$180,669,996
Average Tax Rate 100%6,180 29%$180,669,996
%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 $100,079. It is estimated that the average taxable income for people who paid a net amount of tax was $117387.

The average net tax paid was $35,150. This equates to an average tax of 35 cents in the dollar on taxable income.

The Medicare levy was paid by 4,880 people for an average of $1,778. 145 people paid $2,266 on average more for the Medicare surcharge.

4,600 people earned a salary or wage and took home an average of $81,200 each.

Government allowance and payments were collected by 225 people for on average $5,449. 170 people received the pension or other allowance.

Charitable gifts and donations of an average of $1,145 were made by 2,760 people.

The costs of tax affairs for 2,885 people were claimed for $1,069 each.