TaxStats for postcode 2605 FY2013
Postcode 2605 includes Curtin, Garran, Hughes in Australian Capital Territory, and is in the federal electorate of Canberra.
In FY 2013 the ATO recorded 7,520 individuals in postcode 2605. Of these people, 7,500 made a taxable income or loss. 6,475 of the population paid a gross amount of tax. After tax offsets, 6,055 people actually paid a net amount of tax. There were 1,445 non-taxable people who paid net tax of $0.
Compare TaxStats of 2605 with ACT
| 2605 TaxStats FY2013 | %Ppl | #Ppl | 2605 Avg | 2605 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 7,520 | ||
| Income | ||||
| Salary or Wage | 74% | 5,570 | $76,338 | $425,204,412 |
| Gross Interest | 70% | 5,245 | $2,977 | $15,611,915 |
| Unfranked Dividends | 14% | 1,065 | $905 | $963,338 |
| Franked Dividends | 40% | 3,025 | $6,849 | $20,719,294 |
| Dividend Franking Credit | 40% | 3,015 | $2,942 | $8,869,017 |
| Capital Gains | 7% | 545 | $12,168 | $6,631,524 |
| Termination Payouts | 1% | 65 | $24,938 | $1,620,961 |
| Tips/Directors Fees etc | 13% | 990 | $3,853 | $3,814,510 |
| Business Income | 6% | 485 | $42,372 | $20,550,366 |
| Foreign Income | 11% | 825 | $986 | $813,752 |
| Government payments | 3% | 225 | $5,167 | $1,162,566 |
| Government pensions | 6% | 475 | $7,151 | $3,396,660 |
| Total Income or Loss | 100% | 7,505 | $79,985 | $600,285,114 |
| Deducations | ||||
| Charitable Gifts | 52% | 3,880 | $1,023 | $3,970,143 |
| Cost of Tax Affairs | 48% | 3,590 | $521 | $1,872,174 |
| Work Car expenses | 19% | 1,435 | $1,948 | $2,795,107 |
| Work Travel expenses | 8% | 595 | $1,111 | $661,186 |
| Self Education expenses | 5% | 385 | $2,297 | $884,296 |
| Total Deductions | 84% | 6,325 | $3,471 | $21,951,559 |
| Taxation | ||||
| Taxable Income | 100% | 7,500 | $77,023 | $577,670,114 |
| Medicare Levy | 77% | 5,780 | $1,374 | $7,943,835 |
| Medicare Surcharge | 2% | 185 | $1,168 | $216,041 |
| Gross Tax | 86% | 6,475 | $22,303 | $144,414,959 |
| Net Tax | 81% | 6,055 | $23,883 | $144,611,021 |
| Average Tax | 100% | 7,520 | $19,230 | $144,611,021 |
| Gross Tax Rate | 86% | 6,475 | 29% | $144,414,959 |
| Net Tax Rate | 81% | 6,055 | 31% | $144,611,021 |
| Average Tax Rate | 100% | 7,520 | 25% | $144,611,021 |
| %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 $77,023. It is estimated that the average taxable income for people who paid a net amount of tax was $92540.
The average net tax paid was $23,883. This equates to an average tax of 31 cents in the dollar on taxable income.
The Medicare levy was paid by 5,780 people for an average of $1,374. 185 people paid $1,168 on average more for the Medicare surcharge.
5,570 people earned a salary or wage and took home an average of $76,338 each.
Government allowance and payments were collected by 225 people for on average $5,167. 475 people received the pension or other allowance.
Charitable gifts and donations of an average of $1,023 were made by 3,880 people.
The costs of tax affairs for 3,590 people were claimed for $521 each.