TaxStats for postcode 3020 FY2013

Postcode 3020 includes Albion, Albion, Glengala, Sunshine, Sunshine, Sunshine North, Sunshine North, Sunshine West in Victoria, and is in the federal electorate of Gellibrand.

In FY 2013 the ATO recorded 19,190 individuals in postcode 3020. Of these people, 19,095 made a taxable income or loss. 15,125 of the population paid a gross amount of tax. After tax offsets, 13,655 people actually paid a net amount of tax. There were 5,440 non-taxable people who paid net tax of $0.

Compare TaxStats of 3020 with VIC

3020 TaxStats FY2013%Ppl#Ppl3020
Avg
3020
Total
Total Individuals100%19,190
Income
Salary or Wage 83%16,000$43,063$689,011,338
Gross Interest46%8,740$1,574$13,759,349
Unfranked Dividends4%785$367$287,801
Franked Dividends11%2,200$3,784$8,324,074
Dividend Franking Credit11%2,195$1,623$3,561,734
Capital Gains2%375$13,334$5,000,402
Termination Payouts2%320$7,994$2,558,180
Tips/Directors Fees etc17%3,335$2,734$9,119,000
Business Income9%1,810$16,586$30,020,736
Foreign Income2%375$623$233,625
Government payments12%2,350$6,049$14,213,981
Government pensions5%955$9,564$9,134,064
Total Income or Loss100%19,110$42,798$817,862,872
Deducations
Charitable Gifts35%6,770$232$1,570,531
Cost of Tax Affairs52%9,995$202$2,015,348
Work Car expenses24%4,640$2,455$11,390,875
Work Travel expenses8%1,475$1,298$1,914,336
Self Education expenses4%720$1,885$1,357,035
Total Deductions78%15,055$2,223$33,461,409
Taxation
Taxable Income100%19,095$41,050$783,845,449
Medicare Levy 65%12,410$788$9,776,028
Medicare Surcharge 1%230$1,219$280,340
Gross Tax 79%15,125$8,240$124,627,319
Net Tax 71%13,655$9,333$127,438,868
Average Tax 100%19,190 $6,641$127,438,868
Gross Tax Rate 79%15,125 20%$124,627,319
Net Tax Rate 71%13,655 23%$127,438,868
Average Tax Rate 100%19,190 16%$127,438,868
%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 $41,050. It is estimated that the average taxable income for people who paid a net amount of tax was $52623.

The average net tax paid was $9,333. This equates to an average tax of 23 cents in the dollar on taxable income.

The Medicare levy was paid by 12,410 people for an average of $788. 230 people paid $1,219 on average more for the Medicare surcharge.

16,000 people earned a salary or wage and took home an average of $43,063 each.

Government allowance and payments were collected by 2,350 people for on average $6,049. 955 people received the pension or other allowance.

Charitable gifts and donations of an average of $232 were made by 6,770 people.

The costs of tax affairs for 9,995 people were claimed for $202 each.