TaxStats for postcode 3025 FY2013

Postcode 3025 includes Altona East, Altona Gate, Altona North in Victoria, and is in the federal electorate of Gellibrand.

In FY 2013 the ATO recorded 5,490 individuals in postcode 3025. Of these people, 5,465 made a taxable income or loss. 4,475 of the population paid a gross amount of tax. After tax offsets, 4,075 people actually paid a net amount of tax. There were 1,390 non-taxable people who paid net tax of $0.

Compare TaxStats of 3025 with VIC

3025 TaxStats FY2013%Ppl#Ppl3025
Total Individuals100%5,490
Salary or Wage 80%4,365$52,101$227,420,200
Gross Interest51%2,820$2,249$6,340,942
Unfranked Dividends6%325$328$106,672
Franked Dividends16%880$5,228$4,600,349
Dividend Franking Credit16%875$2,255$1,972,785
Capital Gains3%175$21,789$3,812,992
Termination Payouts2%135$9,403$1,269,470
Tips/Directors Fees etc18%1,000$3,900$3,899,982
Business Income9%485$16,633$8,067,021
Foreign Income3%165$901$148,617
Government payments8%435$6,126$2,664,957
Government pensions5%295$9,926$2,928,032
Total Income or Loss100%5,465$50,845$277,870,359
Charitable Gifts40%2,185$209$456,544
Cost of Tax Affairs56%3,050$281$857,265
Work Car expenses28%1,540$2,795$4,303,888
Work Travel expenses11%595$1,523$906,309
Self Education expenses4%205$2,083$426,964
Total Deductions81%4,465$2,728$12,182,494
Taxable Income100%5,465$48,572$265,447,958
Medicare Levy 71%3,875$912$3,534,545
Medicare Surcharge 2%105$1,126$118,179
Gross Tax 82%4,475$10,992$49,190,790
Net Tax 74%4,075$12,474$50,831,127
Average Tax 100%5,490 $9,259$50,831,127
Gross Tax Rate 82%4,475 23%$49,190,790
Net Tax Rate 74%4,075 26%$50,831,127
Average Tax Rate 100%5,490 19%$50,831,127
%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 $48,572. It is estimated that the average taxable income for people who paid a net amount of tax was $61047.

The average net tax paid was $12,474. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 3,875 people for an average of $912. 105 people paid $1,126 on average more for the Medicare surcharge.

4,365 people earned a salary or wage and took home an average of $52,101 each.

Government allowance and payments were collected by 435 people for on average $6,126. 295 people received the pension or other allowance.

Charitable gifts and donations of an average of $209 were made by 2,185 people.

The costs of tax affairs for 3,050 people were claimed for $281 each.