TaxStats for postcode 6355 FY2013

Postcode 6355 includes Dunn Rock, East Newdegate, Holt Rock, Lake Biddy, Lake Camm, Little Italy, Magenta, Mount Sheridan, Newdegate, South Newdegate, Varley in Western Australia, and is in the federal electorate of O'Connor.

In FY 2013 the ATO recorded 395 individuals in postcode 6355. Of these people, 375 made a taxable income or loss. 270 of the population paid a gross amount of tax. After tax offsets, 250 people actually paid a net amount of tax. There were 125 non-taxable people who paid net tax of $0.

Compare TaxStats of 6355 with WA

6355 TaxStats FY2013%Ppl#Ppl6355
Avg
6355
Total
Total Individuals100%395
Income
Salary or Wage 54%215$33,857$7,279,290
Gross Interest71%280$2,077$581,428
Unfranked Dividends14%55$633$34,813
Franked Dividends34%135$2,947$397,858
Dividend Franking Credit34%135$1,262$170,425
Capital Gains4%15$8,137$122,056
Termination Payouts%0$$0
Tips/Directors Fees etc10%40$3,078$123,100
Business Income9%35$33,977$1,189,185
Foreign Income8%30$1,054$31,607
Government payments5%20$5,534$110,672
Government pensions3%10$9,582$95,823
Total Income or Loss99%390$54,299$21,176,675
Deducations
Charitable Gifts13%50$252$12,611
Cost of Tax Affairs25%100$371$37,095
Work Car expenses11%45$2,714$122,131
Work Travel expenses4%15$2,486$37,290
Self Education expenses1%5$350$1,751
Total Deductions61%240$4,273$1,025,458
Taxation
Taxable Income95%375$48,869$18,326,045
Medicare Levy 59%235$1,197$281,207
Medicare Surcharge 1%5$1,203$6,015
Gross Tax 68%270$17,603$4,752,833
Net Tax 63%250$17,634$4,408,429
Average Tax 100%395 $11,161$4,408,429
Gross Tax Rate 68%270 36%$4,752,833
Net Tax Rate 63%250 36%$4,408,429
Average Tax Rate 100%395 23%$4,408,429
%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 $48,869. It is estimated that the average taxable income for people who paid a net amount of tax was $67304.

The average net tax paid was $17,634. This equates to an average tax of 36 cents in the dollar on taxable income.

The Medicare levy was paid by 235 people for an average of $1,197. 5 people paid $1,203 on average more for the Medicare surcharge.

215 people earned a salary or wage and took home an average of $33,857 each.

Government allowance and payments were collected by 20 people for on average $5,534. 10 people received the pension or other allowance.

Charitable gifts and donations of an average of $252 were made by 50 people.

The costs of tax affairs for 100 people were claimed for $371 each.