TaxStats for postcode 3106 FY2013

Postcode 3106 includes Templestowe, Templestowe in Victoria, and is in the federal electorate of Menzies.

In FY 2013 the ATO recorded 10,820 individuals in postcode 3106. Of these people, 10,735 made a taxable income or loss. 8,430 of the population paid a gross amount of tax. After tax offsets, 7,640 people actually paid a net amount of tax. There were 3,095 non-taxable people who paid net tax of $0.

Compare TaxStats of 3106 with VIC

3106 TaxStats FY2013%Ppl#Ppl3106
Avg
3106
Total
Total Individuals100%10,820
Income
Salary or Wage 70%7,535$59,753$450,240,541
Gross Interest70%7,535$3,649$27,497,944
Unfranked Dividends15%1,605$1,608$2,581,479
Franked Dividends36%3,945$14,703$58,004,805
Dividend Franking Credit36%3,935$6,248$24,586,425
Capital Gains6%700$24,163$16,914,055
Termination Payouts1%160$39,882$6,381,160
Tips/Directors Fees etc15%1,590$7,354$11,693,352
Business Income9%965$28,862$27,851,951
Foreign Income8%875$1,758$1,538,426
Government payments4%480$5,404$2,594,075
Government pensions5%500$9,426$4,712,798
Total Income or Loss99%10,750$70,853$761,669,136
Deducations
Charitable Gifts34%3,715$523$1,941,222
Cost of Tax Affairs45%4,835$442$2,138,174
Work Car expenses22%2,395$3,274$7,842,355
Work Travel expenses9%920$1,304$1,199,390
Self Education expenses3%345$2,484$857,144
Total Deductions77%8,295$3,885$32,228,851
Taxation
Taxable Income99%10,735$67,861$728,489,124
Medicare Levy 68%7,375$1,369$10,092,715
Medicare Surcharge 1%120$1,700$203,962
Gross Tax 78%8,430$21,862$184,293,050
Net Tax 71%7,640$24,685$188,591,414
Average Tax 100%10,820 $17,430$188,591,414
Gross Tax Rate 78%8,430 32%$184,293,050
Net Tax Rate 71%7,640 36%$188,591,414
Average Tax Rate 100%10,820 26%$188,591,414
%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 $67,861. It is estimated that the average taxable income for people who paid a net amount of tax was $90491.

The average net tax paid was $24,685. This equates to an average tax of 36 cents in the dollar on taxable income.

The Medicare levy was paid by 7,375 people for an average of $1,369. 120 people paid $1,700 on average more for the Medicare surcharge.

7,535 people earned a salary or wage and took home an average of $59,753 each.

Government allowance and payments were collected by 480 people for on average $5,404. 500 people received the pension or other allowance.

Charitable gifts and donations of an average of $523 were made by 3,715 people.

The costs of tax affairs for 4,835 people were claimed for $442 each.