TaxStats for postcode 3018 FY2013

Postcode 3018 includes Altona, Seaholme in Victoria, and is in the federal electorate of Gellibrand.

In FY 2013 the ATO recorded 7,220 individuals in postcode 3018. Of these people, 7,185 made a taxable income or loss. 5,965 of the population paid a gross amount of tax. After tax offsets, 5,460 people actually paid a net amount of tax. There were 1,725 non-taxable people who paid net tax of $0.

Compare TaxStats of 3018 with VIC

3018 TaxStats FY2013%Ppl#Ppl3018
Total Individuals100%7,220
Salary or Wage 79%5,715$57,143$326,574,884
Gross Interest60%4,325$2,263$9,786,035
Unfranked Dividends10%745$524$390,617
Franked Dividends25%1,840$4,688$8,625,178
Dividend Franking Credit25%1,840$2,008$3,695,439
Capital Gains4%295$17,636$5,202,720
Termination Payouts3%190$17,834$3,388,478
Tips/Directors Fees etc19%1,345$4,076$5,482,411
Business Income8%555$16,930$9,396,367
Foreign Income5%395$706$278,755
Government payments5%380$5,144$1,954,800
Government pensions6%415$9,711$4,029,970
Total Income or Loss100%7,190$56,365$405,264,254
Charitable Gifts44%3,200$271$867,766
Cost of Tax Affairs55%3,990$261$1,041,921
Work Car expenses28%2,040$2,936$5,989,787
Work Travel expenses11%760$1,357$1,031,206
Self Education expenses4%305$2,071$631,653
Total Deductions84%6,035$2,931$17,690,123
Taxable Income100%7,185$53,906$387,314,003
Medicare Levy 73%5,250$1,001$5,255,983
Medicare Surcharge 2%145$1,223$177,307
Gross Tax 83%5,965$13,048$77,831,775
Net Tax 76%5,460$14,561$79,501,165
Average Tax 100%7,220 $11,011$79,501,165
Gross Tax Rate 83%5,965 24%$77,831,775
Net Tax Rate 76%5,460 27%$79,501,165
Average Tax Rate 100%7,220 20%$79,501,165
%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 $53,906. It is estimated that the average taxable income for people who paid a net amount of tax was $67145.

The average net tax paid was $14,561. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 5,250 people for an average of $1,001. 145 people paid $1,223 on average more for the Medicare surcharge.

5,715 people earned a salary or wage and took home an average of $57,143 each.

Government allowance and payments were collected by 380 people for on average $5,144. 415 people received the pension or other allowance.

Charitable gifts and donations of an average of $271 were made by 3,200 people.

The costs of tax affairs for 3,990 people were claimed for $261 each.