TaxStats for postcode 6240 FY2013
Postcode 6240 includes Lowden in Western Australia, and is in the federal electorate of Forrest.
In FY 2013 the ATO recorded 65 individuals in postcode 6240. Of these people, 65 made a taxable income or loss. 40 of the population paid a gross amount of tax. After tax offsets, 35 people actually paid a net amount of tax. There were 30 non-taxable people who paid net tax of $0.
Compare TaxStats of 6240 with WA
| 6240 TaxStats FY2013 | %Ppl | #Ppl | 6240 Avg | 6240 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 65 | ||
| Income | ||||
| Salary or Wage | 62% | 40 | $47,737 | $1,909,484 |
| Gross Interest | 69% | 45 | $2,917 | $131,275 |
| Unfranked Dividends | 15% | 10 | $80 | $796 |
| Franked Dividends | 31% | 20 | $18,380 | $367,608 |
| Dividend Franking Credit | 31% | 20 | $7,876 | $157,520 |
| Capital Gains | 8% | 5 | $4,072 | $20,358 |
| Termination Payouts | % | 0 | $ | $0 |
| Tips/Directors Fees etc | 15% | 10 | $219 | $2,191 |
| Business Income | 15% | 10 | $17,162 | $171,616 |
| Foreign Income | 8% | 5 | $2,491 | $12,455 |
| Government payments | 8% | 5 | $2,894 | $14,470 |
| Government pensions | 8% | 5 | $2,313 | $11,564 |
| Total Income or Loss | 100% | 65 | $47,263 | $3,072,088 |
| Deducations | ||||
| Charitable Gifts | 23% | 15 | $446 | $6,689 |
| Cost of Tax Affairs | 38% | 25 | $389 | $9,732 |
| Work Car expenses | 15% | 10 | $3,474 | $34,740 |
| Work Travel expenses | 8% | 5 | $336 | $1,681 |
| Self Education expenses | % | 0 | $ | $0 |
| Total Deductions | 69% | 45 | $3,454 | $155,431 |
| Taxation | ||||
| Taxable Income | 100% | 65 | $44,541 | $2,895,173 |
| Medicare Levy | 54% | 35 | $1,075 | $37,617 |
| Medicare Surcharge | 8% | 5 | $490 | $2,452 |
| Gross Tax | 62% | 40 | $14,743 | $589,728 |
| Net Tax | 54% | 35 | $17,356 | $607,451 |
| Average Tax | 100% | 65 | $9,345 | $607,451 |
| Gross Tax Rate | 62% | 40 | 33% | $589,728 |
| Net Tax Rate | 54% | 35 | 39% | $607,451 |
| Average Tax Rate | 100% | 65 | 21% | $607,451 |
| %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 $44,541. It is estimated that the average taxable income for people who paid a net amount of tax was $72434.
The average net tax paid was $17,356. This equates to an average tax of 39 cents in the dollar on taxable income.
The Medicare levy was paid by 35 people for an average of $1,075. 5 people paid $490 on average more for the Medicare surcharge.
40 people earned a salary or wage and took home an average of $47,737 each.
Government allowance and payments were collected by 5 people for on average $2,894. 5 people received the pension or other allowance.
Charitable gifts and donations of an average of $446 were made by 15 people.
The costs of tax affairs for 25 people were claimed for $389 each.