TaxStats for postcode 2914 FY2013

Postcode 2914 includes Amaroo, Bonner, Forde, Harrison, Moncrieff in Australian Capital Territory, and is in the federal electorate of Fraser.

In FY 2013 the ATO recorded 11,540 individuals in postcode 2914. Of these people, 11,485 made a taxable income or loss. 10,075 of the population paid a gross amount of tax. After tax offsets, 9,715 people actually paid a net amount of tax. There were 1,770 non-taxable people who paid net tax of $0.

Compare TaxStats of 2914 with ACT

2914 TaxStats FY2013%Ppl#Ppl2914
Avg
2914
Total
Total Individuals100%11,540
Income
Salary or Wage 91%10,485$67,944$712,388,387
Gross Interest59%6,790$805$5,467,909
Unfranked Dividends5%580$430$249,681
Franked Dividends18%2,035$2,178$4,432,216
Dividend Franking Credit18%2,025$937$1,897,127
Capital Gains3%345$6,377$2,200,059
Termination Payouts1%130$11,995$1,559,322
Tips/Directors Fees etc17%1,910$3,173$6,060,995
Business Income6%695$17,800$12,370,688
Foreign Income4%440$736$323,788
Government payments3%370$4,458$1,649,439
Government pensions2%235$7,689$1,806,828
Total Income or Loss100%11,500$66,920$769,579,424
Deducations
Charitable Gifts42%4,845$328$1,590,481
Cost of Tax Affairs41%4,740$351$1,662,390
Work Car expenses30%3,455$2,236$7,725,751
Work Travel expenses10%1,160$805$933,386
Self Education expenses9%1,000$1,945$1,944,700
Total Deductions85%9,855$2,478$24,423,835
Taxation
Taxable Income100%11,485$64,823$744,490,137
Medicare Levy 79%9,125$1,099$10,029,428
Medicare Surcharge 2%265$918$243,298
Gross Tax 87%10,075$16,081$162,014,659
Net Tax 84%9,715$17,307$168,136,513
Average Tax 100%11,540 $14,570$168,136,513
Gross Tax Rate 87%10,075 25%$162,014,659
Net Tax Rate 84%9,715 27%$168,136,513
Average Tax Rate 100%11,540 22%$168,136,513
%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 $64,823. It is estimated that the average taxable income for people who paid a net amount of tax was $74447.

The average net tax paid was $17,307. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 9,125 people for an average of $1,099. 265 people paid $918 on average more for the Medicare surcharge.

10,485 people earned a salary or wage and took home an average of $67,944 each.

Government allowance and payments were collected by 370 people for on average $4,458. 235 people received the pension or other allowance.

Charitable gifts and donations of an average of $328 were made by 4,845 people.

The costs of tax affairs for 4,740 people were claimed for $351 each.