TaxStats for postcode 3074 FY2013

Postcode 3074 includes Thomastown in Victoria, and is in the federal electorate of Batman.

In FY 2013 the ATO recorded 9,250 individuals in postcode 3074. Of these people, 9,200 made a taxable income or loss. 7,390 of the population paid a gross amount of tax. After tax offsets, 6,730 people actually paid a net amount of tax. There were 2,470 non-taxable people who paid net tax of $0.

Compare TaxStats of 3074 with VIC

3074 TaxStats FY2013%Ppl#Ppl3074
Avg
3074
Total
Total Individuals100%9,250
Income
Salary or Wage 81%7,475$43,305$323,705,076
Gross Interest50%4,595$1,622$7,450,962
Unfranked Dividends4%405$324$131,402
Franked Dividends12%1,070$2,751$2,943,112
Dividend Franking Credit12%1,070$1,178$1,260,279
Capital Gains2%140$13,677$1,914,752
Termination Payouts2%170$9,695$1,648,209
Tips/Directors Fees etc18%1,685$3,016$5,082,643
Business Income10%890$18,171$16,171,863
Foreign Income2%190$580$110,233
Government payments10%935$5,294$4,949,679
Government pensions5%480$10,140$4,867,311
Total Income or Loss100%9,205$42,832$394,273,082
Deducations
Charitable Gifts37%3,400$201$684,752
Cost of Tax Affairs56%5,175$206$1,067,483
Work Car expenses25%2,330$2,476$5,768,175
Work Travel expenses7%675$1,356$915,082
Self Education expenses3%260$1,840$478,294
Total Deductions80%7,370$2,221$16,365,967
Taxation
Taxable Income99%9,200$41,041$377,580,706
Medicare Levy 67%6,175$775$4,784,005
Medicare Surcharge 1%125$1,123$140,400
Gross Tax 80%7,390$8,041$59,419,788
Net Tax 73%6,730$9,008$60,625,654
Average Tax 100%9,250 $6,554$60,625,654
Gross Tax Rate 80%7,390 20%$59,419,788
Net Tax Rate 73%6,730 22%$60,625,654
Average Tax Rate 100%9,250 16%$60,625,654
%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 $41,041. It is estimated that the average taxable income for people who paid a net amount of tax was $51700.

The average net tax paid was $9,008. This equates to an average tax of 22 cents in the dollar on taxable income.

The Medicare levy was paid by 6,175 people for an average of $775. 125 people paid $1,123 on average more for the Medicare surcharge.

7,475 people earned a salary or wage and took home an average of $43,305 each.

Government allowance and payments were collected by 935 people for on average $5,294. 480 people received the pension or other allowance.

Charitable gifts and donations of an average of $201 were made by 3,400 people.

The costs of tax affairs for 5,175 people were claimed for $206 each.