TaxStats for postcode 3936 FY2013

Postcode 3936 includes Arthurs Seat, Dromana, Safety Beach in Victoria, and is in the federal electorate of Flinders.

In FY 2013 the ATO recorded 5,350 individuals in postcode 3936. Of these people, 5,315 made a taxable income or loss. 4,090 of the population paid a gross amount of tax. After tax offsets, 3,550 people actually paid a net amount of tax. There were 1,765 non-taxable people who paid net tax of $0.

Compare TaxStats of 3936 with VIC

3936 TaxStats FY2013%Ppl#Ppl3936
Avg
3936
Total
Total Individuals100%5,350
Income
Salary or Wage 68%3,640$46,183$168,106,211
Gross Interest59%3,165$2,309$7,307,268
Unfranked Dividends10%520$694$361,082
Franked Dividends25%1,355$9,032$12,237,985
Dividend Franking Credit25%1,355$3,870$5,244,025
Capital Gains5%245$24,950$6,112,742
Termination Payouts2%85$14,124$1,200,509
Tips/Directors Fees etc18%940$4,128$3,880,547
Business Income12%650$17,514$11,384,315
Foreign Income5%275$1,061$291,782
Government payments8%420$5,459$2,292,837
Government pensions10%555$9,468$5,254,705
Total Income or Loss100%5,330$48,744$259,808,034
Deducations
Charitable Gifts33%1,740$305$530,133
Cost of Tax Affairs51%2,755$336$926,780
Work Car expenses26%1,410$2,858$4,029,751
Work Travel expenses9%505$1,244$628,281
Self Education expenses4%195$1,590$310,050
Total Deductions78%4,190$2,910$12,194,280
Taxation
Taxable Income99%5,315$46,539$247,356,946
Medicare Levy 63%3,375$941$3,174,823
Medicare Surcharge 1%45$1,167$52,506
Gross Tax 76%4,090$11,686$47,795,189
Net Tax 66%3,550$13,464$47,796,413
Average Tax 100%5,350 $8,934$47,796,413
Gross Tax Rate 76%4,090 25%$47,795,189
Net Tax Rate 66%3,550 29%$47,796,413
Average Tax Rate 100%5,350 19%$47,796,413
%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 $46,539. It is estimated that the average taxable income for people who paid a net amount of tax was $63712.

The average net tax paid was $13,464. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 3,375 people for an average of $941. 45 people paid $1,167 on average more for the Medicare surcharge.

3,640 people earned a salary or wage and took home an average of $46,183 each.

Government allowance and payments were collected by 420 people for on average $5,459. 555 people received the pension or other allowance.

Charitable gifts and donations of an average of $305 were made by 1,740 people.

The costs of tax affairs for 2,755 people were claimed for $336 each.