TaxStats for postcode 2905 FY2013

Postcode 2905 includes Bonython, Calwell, Chisholm, Gilmore, Isabella Plains, Richardson, Theodore in Australian Capital Territory, and is in the federal electorate of Canberra.

In FY 2013 the ATO recorded 18,230 individuals in postcode 2905. Of these people, 18,170 made a taxable income or loss. 15,965 of the population paid a gross amount of tax. After tax offsets, 15,230 people actually paid a net amount of tax. There were 2,940 non-taxable people who paid net tax of $0.

Compare TaxStats of 2905 with ACT

2905 TaxStats FY2013%Ppl#Ppl2905
Avg
2905
Total
Total Individuals100%18,230
Income
Salary or Wage 88%16,105$60,329$971,594,405
Gross Interest57%10,370$1,036$10,743,549
Unfranked Dividends6%1,085$352$381,787
Franked Dividends23%4,205$2,035$8,559,205
Dividend Franking Credit23%4,175$874$3,648,685
Capital Gains3%545$10,404$5,669,990
Termination Payouts1%255$10,886$2,775,958
Tips/Directors Fees etc16%2,920$3,044$8,889,643
Business Income6%1,070$19,103$20,440,066
Foreign Income4%685$1,169$800,931
Government payments4%710$4,460$3,166,607
Government pensions4%665$7,979$5,305,703
Total Income or Loss100%18,185$60,961$1,108,570,157
Deducations
Charitable Gifts45%8,250$332$2,736,075
Cost of Tax Affairs45%8,120$337$2,733,342
Work Car expenses26%4,830$2,121$10,246,688
Work Travel expenses8%1,525$1,077$1,642,663
Self Education expenses6%1,005$1,615$1,622,773
Total Deductions86%15,620$2,248$35,106,852
Taxation
Taxable Income100%18,170$59,047$1,072,879,383
Medicare Levy 81%14,815$1,012$14,996,949
Medicare Surcharge 2%435$1,067$464,028
Gross Tax 88%15,965$13,709$218,871,924
Net Tax 84%15,230$14,729$224,329,273
Average Tax 100%18,230 $12,306$224,329,273
Gross Tax Rate 88%15,965 23%$218,871,924
Net Tax Rate 84%15,230 25%$224,329,273
Average Tax Rate 100%18,230 21%$224,329,273
%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 $59,047. It is estimated that the average taxable income for people who paid a net amount of tax was $68129.

The average net tax paid was $14,729. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 14,815 people for an average of $1,012. 435 people paid $1,067 on average more for the Medicare surcharge.

16,105 people earned a salary or wage and took home an average of $60,329 each.

Government allowance and payments were collected by 710 people for on average $4,460. 665 people received the pension or other allowance.

Charitable gifts and donations of an average of $332 were made by 8,250 people.

The costs of tax affairs for 8,120 people were claimed for $337 each.