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#Ppl3040
Total Individuals100%15,865
Salary or Wage 78%12,430$61,913$769,583,421
Gross Interest65%10,330$2,590$26,752,758
Unfranked Dividends12%1,910$908$1,733,569
Franked Dividends31%4,900$8,683$42,547,701
Dividend Franking Credit31%4,890$3,727$18,224,741
Capital Gains6%920$24,831$22,844,168
Termination Payouts2%305$19,019$5,800,758
Tips/Directors Fees etc17%2,710$4,475$12,127,514
Business Income8%1,225$34,197$41,891,545
Foreign Income7%1,150$1,370$1,575,573
Government payments5%760$5,107$3,881,553
Government pensions4%560$9,571$5,359,971
Total Income or Loss100%15,805$71,196$1,125,246,309
Charitable Gifts44%7,005$540$3,781,827
Cost of Tax Affairs49%7,745$402$3,115,809
Work Car expenses28%4,430$3,011$13,338,249
Work Travel expenses12%1,880$1,403$2,638,012
Self Education expenses4%675$2,198$1,483,585
Total Deductions83%13,095$3,870$50,677,346
Taxable Income99%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.