TaxStats for postcode 3059 FY2013

Postcode 3059 includes Greenvale, Greenvale in Victoria, and is in the federal electorate of Calwell.

In FY 2013 the ATO recorded 7,685 individuals in postcode 3059. Of these people, 7,620 made a taxable income or loss. 6,275 of the population paid a gross amount of tax. After tax offsets, 5,840 people actually paid a net amount of tax. There were 1,780 non-taxable people who paid net tax of $0.

Compare TaxStats of 3059 with VIC

3059 TaxStats FY2013%Ppl#Ppl3059
Avg
3059
Total
Total Individuals100%7,685
Income
Salary or Wage 79%6,095$51,999$316,935,984
Gross Interest60%4,645$1,757$8,162,307
Unfranked Dividends8%590$403$237,597
Franked Dividends22%1,695$7,662$12,987,065
Dividend Franking Credit22%1,685$3,303$5,564,730
Capital Gains3%250$22,635$5,658,713
Termination Payouts2%175$13,764$2,408,646
Tips/Directors Fees etc18%1,415$5,367$7,593,632
Business Income8%630$22,770$14,345,200
Foreign Income4%280$1,612$451,408
Government payments5%390$5,113$1,994,248
Government pensions2%175$9,005$1,575,934
Total Income or Loss99%7,630$56,279$429,405,876
Deducations
Charitable Gifts45%3,460$242$837,150
Cost of Tax Affairs55%4,240$260$1,100,832
Work Car expenses31%2,380$2,972$7,072,977
Work Travel expenses11%810$1,309$1,060,157
Self Education expenses3%245$1,711$419,237
Total Deductions82%6,335$3,159$20,015,414
Taxation
Taxable Income99%7,620$53,673$408,988,031
Medicare Levy 74%5,665$996$5,641,814
Medicare Surcharge 1%95$1,083$102,918
Gross Tax 82%6,275$13,308$83,510,321
Net Tax 76%5,840$14,685$85,762,923
Average Tax 100%7,685 $11,160$85,762,923
Gross Tax Rate 82%6,275 25%$83,510,321
Net Tax Rate 76%5,840 27%$85,762,923
Average Tax Rate 100%7,685 21%$85,762,923
%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 $53,673. It is estimated that the average taxable income for people who paid a net amount of tax was $66375.

The average net tax paid was $14,685. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 5,665 people for an average of $996. 95 people paid $1,083 on average more for the Medicare surcharge.

6,095 people earned a salary or wage and took home an average of $51,999 each.

Government allowance and payments were collected by 390 people for on average $5,113. 175 people received the pension or other allowance.

Charitable gifts and donations of an average of $242 were made by 3,460 people.

The costs of tax affairs for 4,240 people were claimed for $260 each.