TaxStats for postcode 3057 FY2013

Postcode 3057 includes Brunswick East, Brunswick East, Sumner in Victoria, and is in the federal electorate of Wills.

In FY 2013 the ATO recorded 6,220 individuals in postcode 3057. Of these people, 6,195 made a taxable income or loss. 5,155 of the population paid a gross amount of tax. After tax offsets, 4,890 people actually paid a net amount of tax. There were 1,305 non-taxable people who paid net tax of $0.

Compare TaxStats of 3057 with VIC

3057 TaxStats FY2013%Ppl#Ppl3057
Avg
3057
Total
Total Individuals100%6,220
Income
Salary or Wage 86%5,355$55,150$295,329,239
Gross Interest63%3,945$1,673$6,598,644
Unfranked Dividends7%425$437$185,782
Franked Dividends19%1,180$3,498$4,128,131
Dividend Franking Credit19%1,175$1,505$1,767,850
Capital Gains3%185$15,876$2,937,034
Termination Payouts2%95$13,907$1,321,160
Tips/Directors Fees etc14%880$3,363$2,959,472
Business Income12%725$18,966$13,750,664
Foreign Income5%290$1,676$486,148
Government payments9%565$5,695$3,217,711
Government pensions2%115$10,406$1,196,645
Total Income or Loss100%6,205$57,775$358,494,135
Deducations
Charitable Gifts40%2,515$404$1,016,812
Cost of Tax Affairs45%2,805$281$787,409
Work Car expenses23%1,410$2,294$3,234,614
Work Travel expenses15%930$1,106$1,028,813
Self Education expenses6%395$2,764$1,091,727
Total Deductions81%5,050$2,762$13,947,843
Taxation
Taxable Income100%6,195$55,582$344,330,398
Medicare Levy 75%4,690$1,006$4,716,643
Medicare Surcharge 3%160$1,140$182,378
Gross Tax 83%5,155$13,666$70,446,125
Net Tax 79%4,890$14,944$73,076,694
Average Tax 100%6,220 $11,749$73,076,694
Gross Tax Rate 83%5,155 25%$70,446,125
Net Tax Rate 79%4,890 27%$73,076,694
Average Tax Rate 100%6,220 21%$73,076,694
%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 $55,582. It is estimated that the average taxable income for people who paid a net amount of tax was $67213.

The average net tax paid was $14,944. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 4,690 people for an average of $1,006. 160 people paid $1,140 on average more for the Medicare surcharge.

5,355 people earned a salary or wage and took home an average of $55,150 each.

Government allowance and payments were collected by 565 people for on average $5,695. 115 people received the pension or other allowance.

Charitable gifts and donations of an average of $404 were made by 2,515 people.

The costs of tax affairs for 2,805 people were claimed for $281 each.