TaxStats for postcode 3089 FY2013

Postcode 3089 includes Diamond Creek, Diamond Creek in Victoria, and is in the federal electorate of Scullin.

In FY 2013 the ATO recorded 7,285 individuals in postcode 3089. Of these people, 7,240 made a taxable income or loss. 6,015 of the population paid a gross amount of tax. After tax offsets, 5,645 people actually paid a net amount of tax. There were 1,595 non-taxable people who paid net tax of $0.

Compare TaxStats of 3089 with VIC

3089 TaxStats FY2013%Ppl#Ppl3089
Avg
3089
Total
Total Individuals100%7,285
Income
Salary or Wage 83%6,055$55,781$337,755,099
Gross Interest60%4,380$1,464$6,410,340
Unfranked Dividends10%700$298$208,621
Franked Dividends24%1,770$5,044$8,926,998
Dividend Franking Credit24%1,765$2,164$3,820,270
Capital Gains4%300$18,460$5,537,947
Termination Payouts2%140$15,049$2,106,919
Tips/Directors Fees etc21%1,535$4,471$6,863,442
Business Income8%615$21,871$13,450,863
Foreign Income5%355$863$306,266
Government payments5%335$4,786$1,603,150
Government pensions3%245$8,748$2,143,216
Total Income or Loss99%7,245$59,064$427,916,916
Deducations
Charitable Gifts40%2,920$261$762,174
Cost of Tax Affairs49%3,595$304$1,094,025
Work Car expenses31%2,280$3,157$7,198,498
Work Travel expenses11%815$1,325$1,079,669
Self Education expenses4%310$1,430$443,297
Total Deductions84%6,095$3,213$19,584,381
Taxation
Taxable Income99%7,240$56,356$408,017,064
Medicare Levy 76%5,525$1,028$5,679,885
Medicare Surcharge 1%55$1,243$68,377
Gross Tax 83%6,015$14,115$84,904,195
Net Tax 77%5,645$15,450$87,215,331
Average Tax 100%7,285 $11,972$87,215,331
Gross Tax Rate 83%6,015 25%$84,904,195
Net Tax Rate 77%5,645 27%$87,215,331
Average Tax Rate 100%7,285 21%$87,215,331
%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 $56,356. It is estimated that the average taxable income for people who paid a net amount of tax was $68889.

The average net tax paid was $15,450. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 5,525 people for an average of $1,028. 55 people paid $1,243 on average more for the Medicare surcharge.

6,055 people earned a salary or wage and took home an average of $55,781 each.

Government allowance and payments were collected by 335 people for on average $4,786. 245 people received the pension or other allowance.

Charitable gifts and donations of an average of $261 were made by 2,920 people.

The costs of tax affairs for 3,595 people were claimed for $304 each.