TaxStats for postcode 3055 FY2013

Postcode 3055 includes Brunswick South, Brunswick West, Moonee Vale, Moreland West in Victoria, and is in the federal electorate of Wills.

In FY 2013 the ATO recorded 7,965 individuals in postcode 3055. Of these people, 7,925 made a taxable income or loss. 6,610 of the population paid a gross amount of tax. After tax offsets, 6,220 people actually paid a net amount of tax. There were 1,705 non-taxable people who paid net tax of $0.

Compare TaxStats of 3055 with VIC

3055 TaxStats FY2013%Ppl#Ppl3055
Total Individuals100%7,965
Salary or Wage 87%6,895$53,280$367,366,326
Gross Interest61%4,895$1,663$8,142,730
Unfranked Dividends7%585$1,014$593,127
Franked Dividends19%1,550$5,093$7,893,844
Dividend Franking Credit19%1,540$2,195$3,380,291
Capital Gains3%255$11,887$3,031,171
Termination Payouts2%145$11,385$1,650,796
Tips/Directors Fees etc17%1,340$3,367$4,512,075
Business Income10%835$17,626$14,717,487
Foreign Income4%355$3,403$1,207,965
Government payments10%760$5,531$4,203,658
Government pensions3%210$8,800$1,847,922
Total Income or Loss100%7,930$55,918$443,426,981
Charitable Gifts41%3,250$397$1,289,353
Cost of Tax Affairs47%3,750$252$946,534
Work Car expenses25%2,010$2,414$4,852,163
Work Travel expenses14%1,095$1,071$1,172,474
Self Education expenses5%375$2,117$793,762
Total Deductions82%6,510$2,776$18,073,273
Taxable Income99%7,925$53,636$425,064,304
Medicare Levy 74%5,880$986$5,796,171
Medicare Surcharge 2%135$1,131$152,711
Gross Tax 83%6,610$12,893$85,223,005
Net Tax 78%6,220$14,185$88,230,472
Average Tax 100%7,965 $11,077$88,230,472
Gross Tax Rate 83%6,610 24%$85,223,005
Net Tax Rate 78%6,220 26%$88,230,472
Average Tax Rate 100%7,965 21%$88,230,472
%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 $53,636. It is estimated that the average taxable income for people who paid a net amount of tax was $65049.

The average net tax paid was $14,185. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 5,880 people for an average of $986. 135 people paid $1,131 on average more for the Medicare surcharge.

6,895 people earned a salary or wage and took home an average of $53,280 each.

Government allowance and payments were collected by 760 people for on average $5,531. 210 people received the pension or other allowance.

Charitable gifts and donations of an average of $397 were made by 3,250 people.

The costs of tax affairs for 3,750 people were claimed for $252 each.