TaxStats for postcode 3040 FY2013
Postcode 3040 includes Aberfeldie, Aberfeldie, Essendon, Essendon, Essendon West, Essendon West in Victoria, and is in the federal electorate of Maribyrnong.
In FY 2013 the ATO recorded 15,865 individuals in postcode 3040. Of these people, 15,735 made a taxable income or loss. 13,130 of the population paid a gross amount of tax. After tax offsets, 12,260 people actually paid a net amount of tax. There were 3,475 non-taxable people who paid net tax of $0.
Compare TaxStats of 3040 with VIC
| 3040 TaxStats FY2013 | %Ppl | #Ppl | 3040 Avg | 3040 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 15,865 | ||
| Income | ||||
| Salary or Wage | 78% | 12,430 | $61,913 | $769,583,421 |
| Gross Interest | 65% | 10,330 | $2,590 | $26,752,758 |
| Unfranked Dividends | 12% | 1,910 | $908 | $1,733,569 |
| Franked Dividends | 31% | 4,900 | $8,683 | $42,547,701 |
| Dividend Franking Credit | 31% | 4,890 | $3,727 | $18,224,741 |
| Capital Gains | 6% | 920 | $24,831 | $22,844,168 |
| Termination Payouts | 2% | 305 | $19,019 | $5,800,758 |
| Tips/Directors Fees etc | 17% | 2,710 | $4,475 | $12,127,514 |
| Business Income | 8% | 1,225 | $34,197 | $41,891,545 |
| Foreign Income | 7% | 1,150 | $1,370 | $1,575,573 |
| Government payments | 5% | 760 | $5,107 | $3,881,553 |
| Government pensions | 4% | 560 | $9,571 | $5,359,971 |
| Total Income or Loss | 100% | 15,805 | $71,196 | $1,125,246,309 |
| Deducations | ||||
| Charitable Gifts | 44% | 7,005 | $540 | $3,781,827 |
| Cost of Tax Affairs | 49% | 7,745 | $402 | $3,115,809 |
| Work Car expenses | 28% | 4,430 | $3,011 | $13,338,249 |
| Work Travel expenses | 12% | 1,880 | $1,403 | $2,638,012 |
| Self Education expenses | 4% | 675 | $2,198 | $1,483,585 |
| Total Deductions | 83% | 13,095 | $3,870 | $50,677,346 |
| Taxation | ||||
| Taxable Income | 99% | 15,735 | $68,029 | $1,070,442,677 |
| Medicare Levy | 73% | 11,660 | $1,281 | $14,932,896 |
| Medicare Surcharge | 1% | 220 | $1,247 | $274,272 |
| Gross Tax | 83% | 13,130 | $19,894 | $261,204,680 |
| Net Tax | 77% | 12,260 | $21,904 | $268,546,464 |
| Average Tax | 100% | 15,865 | $16,927 | $268,546,464 |
| Gross Tax Rate | 83% | 13,130 | 29% | $261,204,680 |
| Net Tax Rate | 77% | 12,260 | 32% | $268,546,464 |
| Average Tax Rate | 100% | 15,865 | 25% | $268,546,464 |
| %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 $68,029. It is estimated that the average taxable income for people who paid a net amount of tax was $83910.
The average net tax paid was $21,904. This equates to an average tax of 32 cents in the dollar on taxable income.
The Medicare levy was paid by 11,660 people for an average of $1,281. 220 people paid $1,247 on average more for the Medicare surcharge.
12,430 people earned a salary or wage and took home an average of $61,913 each.
Government allowance and payments were collected by 760 people for on average $5,107. 560 people received the pension or other allowance.
Charitable gifts and donations of an average of $540 were made by 7,005 people.
The costs of tax affairs for 7,745 people were claimed for $402 each.