TaxStats for postcode 6024 FY2013

Postcode 6024 includes Greenwood, Warwick in Western Australia, and is in the federal electorate of Cowan.

In FY 2013 the ATO recorded 8,875 individuals in postcode 6024. Of these people, 8,830 made a taxable income or loss. 7,330 of the population paid a gross amount of tax. After tax offsets, 6,795 people actually paid a net amount of tax. There were 2,035 non-taxable people who paid net tax of $0.

Compare TaxStats of 6024 with WA

6024 TaxStats FY2013%Ppl#Ppl6024
Avg
6024
Total
Total Individuals100%8,875
Income
Salary or Wage 81%7,165$61,356$439,613,477
Gross Interest58%5,135$1,412$7,252,492
Unfranked Dividends9%795$300$238,523
Franked Dividends23%2,055$3,538$7,271,321
Dividend Franking Credit23%2,045$1,522$3,113,304
Capital Gains4%345$16,872$5,820,825
Termination Payouts2%175$11,699$2,047,355
Tips/Directors Fees etc13%1,160$3,846$4,461,297
Business Income8%720$24,305$17,499,313
Foreign Income5%425$859$365,075
Government payments4%390$4,739$1,848,292
Government pensions7%580$8,932$5,180,591
Total Income or Loss100%8,845$59,938$530,152,225
Deducations
Charitable Gifts38%3,410$319$1,087,064
Cost of Tax Affairs45%4,025$310$1,247,111
Work Car expenses23%2,050$2,237$4,586,334
Work Travel expenses6%550$1,276$701,831
Self Education expenses4%365$2,055$750,149
Total Deductions82%7,305$2,397$17,507,459
Taxation
Taxable Income99%8,830$57,999$512,130,000
Medicare Levy 74%6,570$1,079$7,087,249
Medicare Surcharge 2%170$1,152$195,783
Gross Tax 83%7,330$14,779$108,333,575
Net Tax 77%6,795$16,375$111,270,438
Average Tax 100%8,875 $12,538$111,270,438
Gross Tax Rate 83%7,330 25%$108,333,575
Net Tax Rate 77%6,795 28%$111,270,438
Average Tax Rate 100%8,875 22%$111,270,438
%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 $57,999. It is estimated that the average taxable income for people who paid a net amount of tax was $71775.

The average net tax paid was $16,375. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 6,570 people for an average of $1,079. 170 people paid $1,152 on average more for the Medicare surcharge.

7,165 people earned a salary or wage and took home an average of $61,356 each.

Government allowance and payments were collected by 390 people for on average $4,739. 580 people received the pension or other allowance.

Charitable gifts and donations of an average of $319 were made by 3,410 people.

The costs of tax affairs for 4,025 people were claimed for $310 each.