TaxStats for postcode 3978 FY2013

Postcode 3978 includes Cardinia, Cardinia, Clyde, Clyde, Clyde North in Victoria, and is in the federal electorate of Flinders.

In FY 2013 the ATO recorded 1,980 individuals in postcode 3978. Of these people, 1,970 made a taxable income or loss. 1,675 of the population paid a gross amount of tax. After tax offsets, 1,595 people actually paid a net amount of tax. There were 375 non-taxable people who paid net tax of $0.

Compare TaxStats of 3978 with VIC

3978 TaxStats FY2013%Ppl#Ppl3978
Avg
3978
Total
Total Individuals100%1,980
Income
Salary or Wage 85%1,680$50,956$85,605,516
Gross Interest50%985$1,841$1,812,919
Unfranked Dividends5%95$519$49,267
Franked Dividends13%250$6,987$1,746,867
Dividend Franking Credit12%245$3,053$748,015
Capital Gains2%45$9,123$410,543
Termination Payouts1%25$8,575$214,386
Tips/Directors Fees etc23%460$3,606$1,658,545
Business Income9%180$17,792$3,202,642
Foreign Income3%50$808$40,381
Government payments5%90$5,198$467,803
Government pensions3%55$8,207$451,371
Total Income or Loss99%1,970$52,557$103,536,514
Deducations
Charitable Gifts37%730$206$150,142
Cost of Tax Affairs52%1,025$300$307,217
Work Car expenses37%740$2,740$2,027,343
Work Travel expenses12%245$2,050$502,252
Self Education expenses5%95$1,563$148,454
Total Deductions84%1,665$3,313$5,515,487
Taxation
Taxable Income99%1,970$49,723$97,954,843
Medicare Levy 78%1,540$881$1,356,882
Medicare Surcharge 2%40$1,080$43,190
Gross Tax 85%1,675$10,738$17,985,574
Net Tax 81%1,595$11,736$18,718,890
Average Tax 100%1,980 $9,454$18,718,890
Gross Tax Rate 85%1,675 22%$17,985,574
Net Tax Rate 81%1,595 24%$18,718,890
Average Tax Rate 100%1,980 19%$18,718,890
%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 $49,723. It is estimated that the average taxable income for people who paid a net amount of tax was $58592.

The average net tax paid was $11,736. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 1,540 people for an average of $881. 40 people paid $1,080 on average more for the Medicare surcharge.

1,680 people earned a salary or wage and took home an average of $50,956 each.

Government allowance and payments were collected by 90 people for on average $5,198. 55 people received the pension or other allowance.

Charitable gifts and donations of an average of $206 were made by 730 people.

The costs of tax affairs for 1,025 people were claimed for $300 each.