TaxStats for postcode 2904 FY2013
Postcode 2904 includes Fadden, Gowrie, Macarthur, Monash in Australian Capital Territory, and is in the federal electorate of Canberra.
In FY 2013 the ATO recorded 8,880 individuals in postcode 2904. Of these people, 8,860 made a taxable income or loss. 7,670 of the population paid a gross amount of tax. After tax offsets, 7,260 people actually paid a net amount of tax. There were 1,600 non-taxable people who paid net tax of $0.
Compare TaxStats of 2904 with ACT
| 2904 TaxStats FY2013 | %Ppl | #Ppl | 2904 Avg | 2904 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 8,880 | ||
| Income | ||||
| Salary or Wage | 81% | 7,170 | $65,622 | $470,508,789 |
| Gross Interest | 65% | 5,745 | $1,850 | $10,630,977 |
| Unfranked Dividends | 10% | 880 | $452 | $397,830 |
| Franked Dividends | 33% | 2,890 | $3,674 | $10,618,286 |
| Dividend Franking Credit | 32% | 2,880 | $1,578 | $4,544,502 |
| Capital Gains | 4% | 385 | $8,375 | $3,224,543 |
| Termination Payouts | 1% | 115 | $21,814 | $2,508,618 |
| Tips/Directors Fees etc | 13% | 1,190 | $3,734 | $4,442,909 |
| Business Income | 6% | 540 | $23,452 | $12,664,344 |
| Foreign Income | 6% | 540 | $851 | $459,312 |
| Government payments | 3% | 285 | $4,377 | $1,247,379 |
| Government pensions | 5% | 445 | $7,356 | $3,273,434 |
| Total Income or Loss | 100% | 8,860 | $67,100 | $594,505,247 |
| Deducations | ||||
| Charitable Gifts | 48% | 4,250 | $406 | $1,725,462 |
| Cost of Tax Affairs | 47% | 4,130 | $510 | $2,106,302 |
| Work Car expenses | 24% | 2,095 | $2,059 | $4,312,766 |
| Work Travel expenses | 8% | 685 | $1,117 | $765,354 |
| Self Education expenses | 5% | 415 | $1,769 | $734,236 |
| Total Deductions | 85% | 7,520 | $2,629 | $19,771,208 |
| Taxation | ||||
| Taxable Income | 100% | 8,860 | $64,840 | $574,481,882 |
| Medicare Levy | 80% | 7,080 | $1,128 | $7,986,845 |
| Medicare Surcharge | 2% | 185 | $1,005 | $185,993 |
| Gross Tax | 86% | 7,670 | $16,591 | $127,255,151 |
| Net Tax | 82% | 7,260 | $17,530 | $127,269,582 |
| Average Tax | 100% | 8,880 | $14,332 | $127,269,582 |
| Gross Tax Rate | 86% | 7,670 | 26% | $127,255,151 |
| Net Tax Rate | 82% | 7,260 | 27% | $127,269,582 |
| Average Tax Rate | 100% | 8,880 | 22% | $127,269,582 |
| %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 $64,840. It is estimated that the average taxable income for people who paid a net amount of tax was $76485.
The average net tax paid was $17,530. This equates to an average tax of 27 cents in the dollar on taxable income.
The Medicare levy was paid by 7,080 people for an average of $1,128. 185 people paid $1,005 on average more for the Medicare surcharge.
7,170 people earned a salary or wage and took home an average of $65,622 each.
Government allowance and payments were collected by 285 people for on average $4,377. 445 people received the pension or other allowance.
Charitable gifts and donations of an average of $406 were made by 4,250 people.
The costs of tax affairs for 4,130 people were claimed for $510 each.