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#Ppl2605
Total Individuals100%7,520
Salary or Wage 74%5,570$76,338$425,204,412
Gross Interest70%5,245$2,977$15,611,915
Unfranked Dividends14%1,065$905$963,338
Franked Dividends40%3,025$6,849$20,719,294
Dividend Franking Credit40%3,015$2,942$8,869,017
Capital Gains7%545$12,168$6,631,524
Termination Payouts1%65$24,938$1,620,961
Tips/Directors Fees etc13%990$3,853$3,814,510
Business Income6%485$42,372$20,550,366
Foreign Income11%825$986$813,752
Government payments3%225$5,167$1,162,566
Government pensions6%475$7,151$3,396,660
Total Income or Loss100%7,505$79,985$600,285,114
Charitable Gifts52%3,880$1,023$3,970,143
Cost of Tax Affairs48%3,590$521$1,872,174
Work Car expenses19%1,435$1,948$2,795,107
Work Travel expenses8%595$1,111$661,186
Self Education expenses5%385$2,297$884,296
Total Deductions84%6,325$3,471$21,951,559
Taxable Income100%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.