TaxStats for postcode 2604 FY2013

Postcode 2604 includes Causeway, Kingston, Narrabundah in Australian Capital Territory, and is in the federal electorate of Canberra.

In FY 2013 the ATO recorded 7,165 individuals in postcode 2604. Of these people, 7,130 made a taxable income or loss. 6,285 of the population paid a gross amount of tax. After tax offsets, 6,025 people actually paid a net amount of tax. There were 1,105 non-taxable people who paid net tax of $0.

Compare TaxStats of 2604 with ACT

2604 TaxStats FY2013%Ppl#Ppl2604
Total Individuals100%7,165
Salary or Wage 83%5,970$82,323$491,470,590
Gross Interest67%4,820$2,224$10,721,436
Unfranked Dividends10%720$955$687,368
Franked Dividends29%2,060$6,929$14,274,082
Dividend Franking Credit29%2,050$2,987$6,122,702
Capital Gains6%430$14,494$6,232,449
Termination Payouts1%75$17,491$1,311,802
Tips/Directors Fees etc15%1,060$4,215$4,468,276
Business Income6%425$23,593$10,027,124
Foreign Income9%635$2,207$1,401,166
Government payments4%285$4,800$1,368,105
Government pensions3%210$8,596$1,805,084
Total Income or Loss100%7,145$82,554$589,850,655
Charitable Gifts44%3,160$917$2,896,796
Cost of Tax Affairs46%3,295$536$1,764,942
Work Car expenses21%1,500$2,165$3,247,053
Work Travel expenses10%705$1,408$992,872
Self Education expenses7%535$2,468$1,320,485
Total Deductions85%6,090$3,510$21,378,378
Taxable Income100%7,130$79,497$566,813,599
Medicare Levy 78%5,600$1,379$7,721,561
Medicare Surcharge 4%260$1,201$312,386
Gross Tax 88%6,285$22,684$142,567,504
Net Tax 84%6,025$24,279$146,283,417
Average Tax 100%7,165 $20,416$146,283,417
Gross Tax Rate 88%6,285 29%$142,567,504
Net Tax Rate 84%6,025 31%$146,283,417
Average Tax Rate 100%7,165 26%$146,283,417
%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 $79,497. It is estimated that the average taxable income for people who paid a net amount of tax was $91876.

The average net tax paid was $24,279. This equates to an average tax of 31 cents in the dollar on taxable income.

The Medicare levy was paid by 5,600 people for an average of $1,379. 260 people paid $1,201 on average more for the Medicare surcharge.

5,970 people earned a salary or wage and took home an average of $82,323 each.

Government allowance and payments were collected by 285 people for on average $4,800. 210 people received the pension or other allowance.

Charitable gifts and donations of an average of $917 were made by 3,160 people.

The costs of tax affairs for 3,295 people were claimed for $536 each.