TaxStats for postcode 2612 FY2013

Postcode 2612 includes Braddon, Campbell, Reid, Turner in Australian Capital Territory, and is in the federal electorate of Fraser.

In FY 2013 the ATO recorded 9,360 individuals in postcode 2612. Of these people, 9,315 made a taxable income or loss. 7,900 of the population paid a gross amount of tax. After tax offsets, 7,570 people actually paid a net amount of tax. There were 1,745 non-taxable people who paid net tax of $0.

Compare TaxStats of 2612 with ACT

2612 TaxStats FY2013%Ppl#Ppl2612
Avg
2612
Total
Total Individuals100%9,360
Income
Salary or Wage 84%7,890$66,096$521,497,660
Gross Interest70%6,530$2,107$13,759,493
Unfranked Dividends9%815$1,017$829,207
Franked Dividends25%2,330$7,148$16,655,258
Dividend Franking Credit25%2,315$3,080$7,131,138
Capital Gains5%465$10,605$4,931,139
Termination Payouts1%95$20,781$1,974,223
Tips/Directors Fees etc16%1,515$2,186$3,311,897
Business Income5%510$19,690$10,041,939
Foreign Income8%735$1,173$862,358
Government payments6%525$5,818$3,054,343
Government pensions2%215$8,505$1,828,499
Total Income or Loss100%9,330$70,453$657,329,175
Deducations
Charitable Gifts43%4,005$712$2,850,461
Cost of Tax Affairs36%3,395$658$2,235,393
Work Car expenses17%1,610$1,926$3,100,991
Work Travel expenses9%880$1,086$955,842
Self Education expenses8%775$2,165$1,677,691
Total Deductions79%7,425$3,021$22,431,525
Taxation
Taxable Income100%9,315$68,069$634,058,514
Medicare Levy 72%6,710$1,230$8,252,647
Medicare Surcharge 3%280$1,023$286,302
Gross Tax 84%7,900$18,667$147,466,473
Net Tax 81%7,570$19,782$149,752,537
Average Tax 100%9,360 $15,999$149,752,537
Gross Tax Rate 84%7,900 27%$147,466,473
Net Tax Rate 81%7,570 29%$149,752,537
Average Tax Rate 100%9,360 24%$149,752,537
%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 $68,069. It is estimated that the average taxable income for people who paid a net amount of tax was $80993.

The average net tax paid was $19,782. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 6,710 people for an average of $1,230. 280 people paid $1,023 on average more for the Medicare surcharge.

7,890 people earned a salary or wage and took home an average of $66,096 each.

Government allowance and payments were collected by 525 people for on average $5,818. 215 people received the pension or other allowance.

Charitable gifts and donations of an average of $712 were made by 4,005 people.

The costs of tax affairs for 3,395 people were claimed for $658 each.