TaxStats for postcode 2611 FY2013

Postcode 2611 includes Bimberi, Brindabella, Brindabella, Chapman, Cooleman, Duffy, Fisher, Holder, Mount Stromlo, Pierces Creek, Rivett, Stirling, Uriarra, Uriarra Forest, Waramanga, Weston, Weston Creek in Australian Capital Territory, and is in the federal electorate of Riverina.

In FY 2013 the ATO recorded 15,140 individuals in postcode 2611. Of these people, 15,085 made a taxable income or loss. 13,055 of the population paid a gross amount of tax. After tax offsets, 12,185 people actually paid a net amount of tax. There were 2,900 non-taxable people who paid net tax of $0.

Compare TaxStats of 2611 with ACT

2611 TaxStats FY2013%Ppl#Ppl2611
Avg
2611
Total
Total Individuals100%15,140
Income
Salary or Wage 76%11,470$68,383$784,349,304
Gross Interest67%10,215$2,124$21,697,653
Unfranked Dividends11%1,690$580$979,768
Franked Dividends36%5,395$3,812$20,565,446
Dividend Franking Credit36%5,380$1,636$8,799,751
Capital Gains6%840$10,568$8,877,083
Termination Payouts1%170$14,275$2,426,712
Tips/Directors Fees etc12%1,810$4,565$8,262,848
Business Income7%985$20,168$19,865,753
Foreign Income8%1,235$743$917,699
Government payments3%475$4,985$2,367,873
Government pensions7%1,100$7,215$7,936,357
Total Income or Loss100%15,115$67,791$1,024,666,716
Deducations
Charitable Gifts50%7,635$592$4,519,500
Cost of Tax Affairs46%6,930$421$2,916,889
Work Car expenses21%3,165$2,063$6,528,603
Work Travel expenses8%1,155$1,127$1,301,552
Self Education expenses5%705$1,925$1,357,307
Total Deductions84%12,735$2,688$34,234,252
Taxation
Taxable Income100%15,085$65,591$989,435,664
Medicare Levy 78%11,780$1,161$13,679,158
Medicare Surcharge 2%325$1,112$361,526
Gross Tax 86%13,055$16,933$221,063,066
Net Tax 80%12,185$18,138$221,008,864
Average Tax 100%15,140 $14,598$221,008,864
Gross Tax Rate 86%13,055 26%$221,063,066
Net Tax Rate 80%12,185 28%$221,008,864
Average Tax Rate 100%15,140 22%$221,008,864
%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 $65,591. It is estimated that the average taxable income for people who paid a net amount of tax was $78345.

The average net tax paid was $18,138. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 11,780 people for an average of $1,161. 325 people paid $1,112 on average more for the Medicare surcharge.

11,470 people earned a salary or wage and took home an average of $68,383 each.

Government allowance and payments were collected by 475 people for on average $4,985. 1,100 people received the pension or other allowance.

Charitable gifts and donations of an average of $592 were made by 7,635 people.

The costs of tax affairs for 6,930 people were claimed for $421 each.