TaxStats for postcode 3038 FY2013

Postcode 3038 includes Keilor Downs, Keilor Downs, Keilor Lodge, Keilor Lodge, Taylors Lakes, Taylors Lakes in Victoria, and is in the federal electorate of Calwell.

In FY 2013 the ATO recorded 17,065 individuals in postcode 3038. Of these people, 16,980 made a taxable income or loss. 13,890 of the population paid a gross amount of tax. After tax offsets, 12,860 people actually paid a net amount of tax. There were 4,120 non-taxable people who paid net tax of $0.

Compare TaxStats of 3038 with VIC

3038 TaxStats FY2013%Ppl#Ppl3038
Avg
3038
Total
Total Individuals100%17,065
Income
Salary or Wage 83%14,135$50,484$713,594,571
Gross Interest57%9,655$1,644$15,873,207
Unfranked Dividends8%1,390$399$554,867
Franked Dividends21%3,655$3,644$13,320,153
Dividend Franking Credit21%3,645$1,564$5,702,473
Capital Gains3%570$12,381$7,057,402
Termination Payouts2%335$11,846$3,968,288
Tips/Directors Fees etc20%3,435$4,104$14,097,192
Business Income8%1,280$17,465$22,354,626
Foreign Income3%540$793$428,211
Government payments7%1,160$5,254$6,094,808
Government pensions3%580$9,452$5,481,893
Total Income or Loss100%16,990$51,003$866,545,423
Deducations
Charitable Gifts43%7,270$201$1,463,390
Cost of Tax Affairs55%9,360$254$2,379,714
Work Car expenses31%5,265$2,903$15,285,385
Work Travel expenses10%1,745$1,166$2,034,282
Self Education expenses4%620$1,600$991,974
Total Deductions82%14,025$2,892$40,565,173
Taxation
Taxable Income100%16,980$48,602$825,265,774
Medicare Levy 73%12,480$902$11,253,076
Medicare Surcharge 1%210$1,104$231,910
Gross Tax 81%13,890$11,004$152,841,643
Net Tax 75%12,860$12,216$157,098,123
Average Tax 100%17,065 $9,206$157,098,123
Gross Tax Rate 81%13,890 23%$152,841,643
Net Tax Rate 75%12,860 25%$157,098,123
Average Tax Rate 100%17,065 19%$157,098,123
%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 $48,602. It is estimated that the average taxable income for people who paid a net amount of tax was $60329.

The average net tax paid was $12,216. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 12,480 people for an average of $902. 210 people paid $1,104 on average more for the Medicare surcharge.

14,135 people earned a salary or wage and took home an average of $50,484 each.

Government allowance and payments were collected by 1,160 people for on average $5,254. 580 people received the pension or other allowance.

Charitable gifts and donations of an average of $201 were made by 7,270 people.

The costs of tax affairs for 9,360 people were claimed for $254 each.