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#Ppl2904
Total Individuals100%8,880
Salary or Wage 81%7,170$65,622$470,508,789
Gross Interest65%5,745$1,850$10,630,977
Unfranked Dividends10%880$452$397,830
Franked Dividends33%2,890$3,674$10,618,286
Dividend Franking Credit32%2,880$1,578$4,544,502
Capital Gains4%385$8,375$3,224,543
Termination Payouts1%115$21,814$2,508,618
Tips/Directors Fees etc13%1,190$3,734$4,442,909
Business Income6%540$23,452$12,664,344
Foreign Income6%540$851$459,312
Government payments3%285$4,377$1,247,379
Government pensions5%445$7,356$3,273,434
Total Income or Loss100%8,860$67,100$594,505,247
Charitable Gifts48%4,250$406$1,725,462
Cost of Tax Affairs47%4,130$510$2,106,302
Work Car expenses24%2,095$2,059$4,312,766
Work Travel expenses8%685$1,117$765,354
Self Education expenses5%415$1,769$734,236
Total Deductions85%7,520$2,629$19,771,208
Taxable Income100%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.