TaxStats for postcode 2618 FY2013

Postcode 2618 includes Hall, Nanima, Springrange, Wallaroo, Wallaroo, Wallaroo, Wallaroo in Australian Capital Territory, and is in the federal electorate of Fraser.

In FY 2013 the ATO recorded 865 individuals in postcode 2618. Of these people, 860 made a taxable income or loss. 705 of the population paid a gross amount of tax. After tax offsets, 635 people actually paid a net amount of tax. There were 225 non-taxable people who paid net tax of $0.

Compare TaxStats of 2618 with ACT

2618 TaxStats FY2013%Ppl#Ppl2618
Total Individuals100%865
Salary or Wage 67%580$62,802$36,425,020
Gross Interest66%570$1,933$1,101,876
Unfranked Dividends12%100$973$97,284
Franked Dividends37%320$8,824$2,823,658
Dividend Franking Credit37%320$3,785$1,211,276
Capital Gains6%55$23,527$1,293,990
Termination Payouts1%5$17,741$88,705
Tips/Directors Fees etc13%110$10,325$1,135,767
Business Income12%100$17,700$1,769,992
Foreign Income10%90$1,695$152,534
Government payments3%25$5,126$128,151
Government pensions5%40$8,460$338,385
Total Income or Loss99%860$69,211$59,521,762
Charitable Gifts37%320$982$314,133
Cost of Tax Affairs42%360$697$250,818
Work Car expenses18%155$3,078$477,016
Work Travel expenses5%45$969$43,622
Self Education expenses4%35$2,038$71,318
Total Deductions80%690$4,454$3,073,510
Taxable Income99%860$65,258$56,122,307
Medicare Levy 72%620$1,271$788,096
Medicare Surcharge 2%20$1,032$20,635
Gross Tax 82%705$19,063$13,439,413
Net Tax 73%635$21,218$13,473,578
Average Tax 100%865 $15,576$13,473,578
Gross Tax Rate 82%705 29%$13,439,413
Net Tax Rate 73%635 33%$13,473,578
Average Tax Rate 100%865 24%$13,473,578
%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 $65,258. It is estimated that the average taxable income for people who paid a net amount of tax was $84130.

The average net tax paid was $21,218. This equates to an average tax of 33 cents in the dollar on taxable income.

The Medicare levy was paid by 620 people for an average of $1,271. 20 people paid $1,032 on average more for the Medicare surcharge.

580 people earned a salary or wage and took home an average of $62,802 each.

Government allowance and payments were collected by 25 people for on average $5,126. 40 people received the pension or other allowance.

Charitable gifts and donations of an average of $982 were made by 320 people.

The costs of tax affairs for 360 people were claimed for $697 each.