TaxStats for postcode 3046 FY2013

Postcode 3046 includes Glenroy, Glenroy, Hadfield, Oak Park, Oak Park in Victoria, and is in the federal electorate of Wills.

In FY 2013 the ATO recorded 16,095 individuals in postcode 3046. Of these people, 16,010 made a taxable income or loss. 12,860 of the population paid a gross amount of tax. After tax offsets, 11,770 people actually paid a net amount of tax. There were 4,240 non-taxable people who paid net tax of $0.

Compare TaxStats of 3046 with VIC

3046 TaxStats FY2013%Ppl#Ppl3046
Avg
3046
Total
Total Individuals100%16,095
Income
Salary or Wage 81%12,960$48,910$633,875,874
Gross Interest53%8,515$1,601$13,632,955
Unfranked Dividends7%1,050$340$356,531
Franked Dividends17%2,730$3,110$8,491,618
Dividend Franking Credit17%2,720$1,337$3,637,682
Capital Gains2%385$9,864$3,797,746
Termination Payouts2%290$7,259$2,105,075
Tips/Directors Fees etc18%2,825$3,578$10,109,074
Business Income10%1,660$15,487$25,708,556
Foreign Income3%535$958$512,595
Government payments7%1,180$5,437$6,415,089
Government pensions5%845$9,698$8,194,726
Total Income or Loss100%16,015$47,283$757,239,932
Deducations
Charitable Gifts39%6,275$253$1,585,097
Cost of Tax Affairs52%8,410$221$1,859,508
Work Car expenses27%4,380$2,625$11,498,751
Work Travel expenses10%1,665$1,152$1,917,868
Self Education expenses4%670$2,073$1,389,095
Total Deductions80%12,850$2,549$32,751,151
Taxation
Taxable Income99%16,010$45,234$724,188,611
Medicare Levy 67%10,840$863$9,359,513
Medicare Surcharge 1%190$1,070$203,294
Gross Tax 80%12,860$9,813$126,192,283
Net Tax 73%11,770$11,021$129,715,508
Average Tax 100%16,095 $8,059$129,715,508
Gross Tax Rate 80%12,860 22%$126,192,283
Net Tax Rate 73%11,770 24%$129,715,508
Average Tax Rate 100%16,095 18%$129,715,508
%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 $45,234. It is estimated that the average taxable income for people who paid a net amount of tax was $57205.

The average net tax paid was $11,021. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 10,840 people for an average of $863. 190 people paid $1,070 on average more for the Medicare surcharge.

12,960 people earned a salary or wage and took home an average of $48,910 each.

Government allowance and payments were collected by 1,180 people for on average $5,437. 845 people received the pension or other allowance.

Charitable gifts and donations of an average of $253 were made by 6,275 people.

The costs of tax affairs for 8,410 people were claimed for $221 each.