TaxStats for postcode 3076 FY2013

Postcode 3076 includes Epping, Epping Dc in Victoria, and is in the federal electorate of Scullin.

In FY 2013 the ATO recorded 15,465 individuals in postcode 3076. Of these people, 15,365 made a taxable income or loss. 12,665 of the population paid a gross amount of tax. After tax offsets, 11,770 people actually paid a net amount of tax. There were 3,595 non-taxable people who paid net tax of $0.

Compare TaxStats of 3076 with VIC

3076 TaxStats FY2013%Ppl#Ppl3076
Avg
3076
Total
Total Individuals100%15,465
Income
Salary or Wage 86%13,250$46,753$619,471,552
Gross Interest47%7,325$1,055$7,725,801
Unfranked Dividends4%610$451$275,212
Franked Dividends12%1,800$2,885$5,193,277
Dividend Franking Credit12%1,800$1,236$2,224,534
Capital Gains1%230$12,631$2,905,118
Termination Payouts2%350$7,853$2,748,493
Tips/Directors Fees etc21%3,255$2,942$9,577,664
Business Income9%1,325$17,977$23,818,909
Foreign Income1%230$886$203,745
Government payments8%1,240$5,044$6,254,873
Government pensions3%505$9,104$4,597,527
Total Income or Loss99%15,370$46,541$715,339,925
Deducations
Charitable Gifts42%6,550$213$1,396,392
Cost of Tax Affairs57%8,805$194$1,710,400
Work Car expenses32%4,900$2,615$12,813,992
Work Travel expenses10%1,540$1,321$2,035,094
Self Education expenses4%650$1,565$1,017,092
Total Deductions83%12,840$2,614$33,567,043
Taxation
Taxable Income99%15,365$44,358$681,561,773
Medicare Levy 72%11,115$813$9,039,183
Medicare Surcharge 1%150$1,076$161,383
Gross Tax 82%12,665$8,998$113,965,963
Net Tax 76%11,770$9,983$117,494,056
Average Tax 100%15,465 $7,597$117,494,056
Gross Tax Rate 82%12,665 20%$113,965,963
Net Tax Rate 76%11,770 23%$117,494,056
Average Tax Rate 100%15,465 17%$117,494,056
%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 $44,358. It is estimated that the average taxable income for people who paid a net amount of tax was $54241.

The average net tax paid was $9,983. This equates to an average tax of 23 cents in the dollar on taxable income.

The Medicare levy was paid by 11,115 people for an average of $813. 150 people paid $1,076 on average more for the Medicare surcharge.

13,250 people earned a salary or wage and took home an average of $46,753 each.

Government allowance and payments were collected by 1,240 people for on average $5,044. 505 people received the pension or other allowance.

Charitable gifts and donations of an average of $213 were made by 6,550 people.

The costs of tax affairs for 8,805 people were claimed for $194 each.