TaxStats for postcode 3196 FY2013

Postcode 3196 includes Bonbeach, Chelsea, Chelsea Heights, Chelsea Heights, Edithvale in Victoria, and is in the federal electorate of Isaacs.

In FY 2013 the ATO recorded 14,220 individuals in postcode 3196. Of these people, 14,150 made a taxable income or loss. 11,765 of the population paid a gross amount of tax. After tax offsets, 10,870 people actually paid a net amount of tax. There were 3,280 non-taxable people who paid net tax of $0.

Compare TaxStats of 3196 with VIC

3196 TaxStats FY2013%Ppl#Ppl3196
Avg
3196
Total
Total Individuals100%14,220
Income
Salary or Wage 82%11,660$53,657$625,635,885
Gross Interest57%8,045$1,540$12,386,464
Unfranked Dividends8%1,085$481$521,591
Franked Dividends21%3,030$4,582$13,882,682
Dividend Franking Credit21%3,015$1,975$5,955,442
Capital Gains3%475$10,864$5,160,588
Termination Payouts2%315$11,724$3,693,141
Tips/Directors Fees etc20%2,855$3,548$10,128,302
Business Income9%1,330$17,923$23,838,037
Foreign Income4%545$986$537,303
Government payments6%910$5,009$4,557,793
Government pensions5%765$9,192$7,031,641
Total Income or Loss100%14,165$53,275$754,647,062
Deducations
Charitable Gifts40%5,630$281$1,584,083
Cost of Tax Affairs51%7,265$279$2,027,090
Work Car expenses31%4,355$2,795$12,172,072
Work Travel expenses12%1,760$1,044$1,838,269
Self Education expenses5%655$2,022$1,324,463
Total Deductions83%11,870$2,853$33,869,787
Taxation
Taxable Income100%14,150$50,897$720,199,006
Medicare Levy 74%10,515$935$9,835,660
Medicare Surcharge 1%160$1,138$182,123
Gross Tax 83%11,765$11,679$137,406,399
Net Tax 76%10,870$12,984$141,131,398
Average Tax 100%14,220 $9,925$141,131,398
Gross Tax Rate 83%11,765 23%$137,406,399
Net Tax Rate 76%10,870 26%$141,131,398
Average Tax Rate 100%14,220 19%$141,131,398
%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 $50,897. It is estimated that the average taxable income for people who paid a net amount of tax was $62635.

The average net tax paid was $12,984. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 10,515 people for an average of $935. 160 people paid $1,138 on average more for the Medicare surcharge.

11,660 people earned a salary or wage and took home an average of $53,657 each.

Government allowance and payments were collected by 910 people for on average $5,009. 765 people received the pension or other allowance.

Charitable gifts and donations of an average of $281 were made by 5,630 people.

The costs of tax affairs for 7,265 people were claimed for $279 each.