TaxStats for postcode 2911 FY2013

Postcode 2911 includes Crace, Crace, Mitchell, Mitchell in Australian Capital Territory, and is in the federal electorate of Fraser.

In FY 2013 the ATO recorded 1,720 individuals in postcode 2911. Of these people, 1,710 made a taxable income or loss. 1,515 of the population paid a gross amount of tax. After tax offsets, 1,480 people actually paid a net amount of tax. There were 230 non-taxable people who paid net tax of $0.

Compare TaxStats of 2911 with ACT

2911 TaxStats FY2013%Ppl#Ppl2911
Total Individuals100%1,720
Salary or Wage 90%1,545$68,273$105,481,971
Gross Interest60%1,035$899$930,007
Unfranked Dividends4%70$254$17,784
Franked Dividends15%255$4,993$1,273,101
Dividend Franking Credit15%255$2,139$545,357
Capital Gains2%40$22,867$914,677
Termination Payouts1%15$5,200$77,999
Tips/Directors Fees etc21%355$3,460$1,228,473
Business Income6%95$22,466$2,134,238
Foreign Income3%45$252$11,354
Government payments3%50$5,717$285,839
Government pensions1%25$7,560$189,001
Total Income or Loss99%1,710$67,098$114,737,763
Charitable Gifts37%640$330$211,309
Cost of Tax Affairs45%770$327$251,872
Work Car expenses33%570$2,057$1,172,605
Work Travel expenses12%210$931$195,421
Self Education expenses12%200$1,760$351,973
Total Deductions85%1,470$2,620$3,851,473
Taxable Income99%1,710$64,759$110,738,426
Medicare Levy 76%1,315$1,090$1,433,068
Medicare Surcharge 2%35$1,152$40,308
Gross Tax 88%1,515$15,844$24,003,882
Net Tax 86%1,480$16,874$24,973,329
Average Tax 100%1,720 $14,519$24,973,329
Gross Tax Rate 88%1,515 24%$24,003,882
Net Tax Rate 86%1,480 26%$24,973,329
Average Tax Rate 100%1,720 22%$24,973,329
%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 $64,759. It is estimated that the average taxable income for people who paid a net amount of tax was $72958.

The average net tax paid was $16,874. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 1,315 people for an average of $1,090. 35 people paid $1,152 on average more for the Medicare surcharge.

1,545 people earned a salary or wage and took home an average of $68,273 each.

Government allowance and payments were collected by 50 people for on average $5,717. 25 people received the pension or other allowance.

Charitable gifts and donations of an average of $330 were made by 640 people.

The costs of tax affairs for 770 people were claimed for $327 each.