TaxStats for postcode 2606 FY2013

Postcode 2606 includes Chifley, Lyons, O'Malley, O'Malley, Phillip, Swinger Hill, Woden in Australian Capital Territory, and is in the federal electorate of Canberra.

In FY 2013 the ATO recorded 5,840 individuals in postcode 2606. Of these people, 5,820 made a taxable income or loss. 5,055 of the population paid a gross amount of tax. After tax offsets, 4,765 people actually paid a net amount of tax. There were 1,055 non-taxable people who paid net tax of $0.

Compare TaxStats of 2606 with ACT

2606 TaxStats FY2013%Ppl#Ppl2606
Avg
2606
Total
Total Individuals100%5,840
Income
Salary or Wage 79%4,640$64,949$301,364,318
Gross Interest66%3,840$2,047$7,862,240
Unfranked Dividends9%530$569$301,667
Franked Dividends26%1,545$5,556$8,584,364
Dividend Franking Credit26%1,540$2,389$3,678,384
Capital Gains5%295$11,743$3,464,182
Termination Payouts1%50$16,771$838,555
Tips/Directors Fees etc14%810$3,417$2,767,585
Business Income6%350$31,821$11,137,227
Foreign Income7%415$923$383,029
Government payments4%230$5,400$1,242,075
Government pensions6%345$7,780$2,684,134
Total Income or Loss100%5,825$67,397$392,589,898
Deducations
Charitable Gifts42%2,450$689$1,687,225
Cost of Tax Affairs44%2,595$399$1,036,253
Work Car expenses21%1,210$1,963$2,375,139
Work Travel expenses8%455$909$413,584
Self Education expenses7%390$2,452$956,223
Total Deductions82%4,815$2,856$13,750,812
Taxation
Taxable Income100%5,820$64,894$377,685,009
Medicare Levy 77%4,520$1,145$5,174,219
Medicare Surcharge 3%150$996$149,352
Gross Tax 87%5,055$16,709$84,464,331
Net Tax 82%4,765$17,996$85,751,611
Average Tax 100%5,840 $14,683$85,751,611
Gross Tax Rate 87%5,055 26%$84,464,331
Net Tax Rate 82%4,765 28%$85,751,611
Average Tax Rate 100%5,840 23%$85,751,611
%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 $64,894. It is estimated that the average taxable income for people who paid a net amount of tax was $76605.

The average net tax paid was $17,996. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 4,520 people for an average of $1,145. 150 people paid $996 on average more for the Medicare surcharge.

4,640 people earned a salary or wage and took home an average of $64,949 each.

Government allowance and payments were collected by 230 people for on average $5,400. 345 people received the pension or other allowance.

Charitable gifts and donations of an average of $689 were made by 2,450 people.

The costs of tax affairs for 2,595 people were claimed for $399 each.