TaxStats for postcode 3060 FY2013

Postcode 3060 includes Fawkner in Victoria, and is in the federal electorate of Calwell.

In FY 2013 the ATO recorded 5,605 individuals in postcode 3060. Of these people, 5,555 made a taxable income or loss. 4,355 of the population paid a gross amount of tax. After tax offsets, 3,910 people actually paid a net amount of tax. There were 1,645 non-taxable people who paid net tax of $0.

Compare TaxStats of 3060 with VIC

3060 TaxStats FY2013%Ppl#Ppl3060
Total Individuals100%5,605
Salary or Wage 77%4,330$45,973$199,063,150
Gross Interest49%2,730$1,584$4,325,520
Unfranked Dividends4%250$286$71,404
Franked Dividends13%720$3,071$2,211,386
Dividend Franking Credit13%710$1,337$949,361
Capital Gains2%95$20,739$1,970,163
Termination Payouts2%115$11,118$1,278,567
Tips/Directors Fees etc17%935$3,268$3,055,431
Business Income12%700$13,953$9,767,033
Foreign Income2%115$751$86,418
Government payments10%545$5,936$3,235,095
Government pensions5%275$9,880$2,716,959
Total Income or Loss99%5,570$43,726$243,554,240
Charitable Gifts34%1,910$237$452,325
Cost of Tax Affairs52%2,900$219$635,440
Work Car expenses26%1,430$2,667$3,814,348
Work Travel expenses8%450$1,236$556,404
Self Education expenses4%210$2,030$426,232
Total Deductions76%4,285$2,459$10,537,430
Taxable Income99%5,555$41,918$232,853,898
Medicare Levy 62%3,500$827$2,895,980
Medicare Surcharge 1%60$1,197$71,842
Gross Tax 78%4,355$8,891$38,719,263
Net Tax 70%3,910$10,124$39,586,177
Average Tax 100%5,605 $7,063$39,586,177
Gross Tax Rate 78%4,355 21%$38,719,263
Net Tax Rate 70%3,910 24%$39,586,177
Average Tax Rate 100%5,605 17%$39,586,177
%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 $41,918. It is estimated that the average taxable income for people who paid a net amount of tax was $54505.

The average net tax paid was $10,124. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 3,500 people for an average of $827. 60 people paid $1,197 on average more for the Medicare surcharge.

4,330 people earned a salary or wage and took home an average of $45,973 each.

Government allowance and payments were collected by 545 people for on average $5,936. 275 people received the pension or other allowance.

Charitable gifts and donations of an average of $237 were made by 1,910 people.

The costs of tax affairs for 2,900 people were claimed for $219 each.