TaxStats for postcode 3023 FY2013

Postcode 3023 includes Burnside, Burnside, Burnside Heights, Cairnlea, Cairnlea, Caroline Springs, Caroline Springs, Deer Park, Deer Park North, Ravenhall in Victoria, and is in the federal electorate of Gorton.

In FY 2013 the ATO recorded 30,245 individuals in postcode 3023. Of these people, 30,060 made a taxable income or loss. 25,205 of the population paid a gross amount of tax. After tax offsets, 23,515 people actually paid a net amount of tax. There were 6,545 non-taxable people who paid net tax of $0.

Compare TaxStats of 3023 with VIC

3023 TaxStats FY2013%Ppl#Ppl3023
Avg
3023
Total
Total Individuals100%30,245
Income
Salary or Wage 86%26,070$51,095$1,332,039,069
Gross Interest43%13,110$1,110$14,553,043
Unfranked Dividends3%1,055$721$760,734
Franked Dividends11%3,250$2,532$8,228,324
Dividend Franking Credit11%3,235$1,089$3,522,612
Capital Gains2%525$16,658$8,745,256
Termination Payouts2%645$7,048$4,545,650
Tips/Directors Fees etc21%6,455$3,504$22,616,839
Business Income8%2,545$18,251$46,450,024
Foreign Income1%430$1,026$440,978
Government payments8%2,365$5,507$13,024,914
Government pensions3%1,000$9,291$9,291,381
Total Income or Loss99%30,085$50,586$1,521,888,441
Deducations
Charitable Gifts42%12,845$224$2,874,846
Cost of Tax Affairs58%17,520$213$3,731,072
Work Car expenses32%9,630$2,851$27,453,410
Work Travel expenses10%3,165$1,279$4,047,348
Self Education expenses4%1,345$1,772$2,383,657
Total Deductions84%25,340$2,850$72,206,395
Taxation
Taxable Income99%30,060$48,177$1,448,206,247
Medicare Levy 74%22,335$876$19,559,127
Medicare Surcharge 1%360$1,217$437,954
Gross Tax 83%25,205$10,311$259,898,316
Net Tax 78%23,515$11,473$269,783,923
Average Tax 100%30,245 $8,920$269,783,923
Gross Tax Rate 83%25,205 21%$259,898,316
Net Tax Rate 78%23,515 24%$269,783,923
Average Tax Rate 100%30,245 19%$269,783,923
%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 $48,177. It is estimated that the average taxable income for people who paid a net amount of tax was $58246.

The average net tax paid was $11,473. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 22,335 people for an average of $876. 360 people paid $1,217 on average more for the Medicare surcharge.

26,070 people earned a salary or wage and took home an average of $51,095 each.

Government allowance and payments were collected by 2,365 people for on average $5,507. 1,000 people received the pension or other allowance.

Charitable gifts and donations of an average of $224 were made by 12,845 people.

The costs of tax affairs for 17,520 people were claimed for $213 each.