TaxStats for postcode 3081 FY2013

Postcode 3081 includes Bellfield, Bellfield, Bellfield, Heidelberg Heights, Heidelberg Heights, Heidelberg Rgh, Heidelberg Rgh, Heidelberg West, Heidelberg West in Victoria, and is in the federal electorate of Jagajaga.

In FY 2013 the ATO recorded 6,425 individuals in postcode 3081. Of these people, 6,395 made a taxable income or loss. 5,145 of the population paid a gross amount of tax. After tax offsets, 4,715 people actually paid a net amount of tax. There were 1,680 non-taxable people who paid net tax of $0.

Compare TaxStats of 3081 with VIC

3081 TaxStats FY2013%Ppl#Ppl3081
Avg
3081
Total
Total Individuals100%6,425
Income
Salary or Wage 83%5,315$46,896$249,251,337
Gross Interest55%3,510$1,324$4,646,299
Unfranked Dividends6%370$472$174,483
Franked Dividends15%980$3,909$3,830,587
Dividend Franking Credit15%975$1,684$1,641,636
Capital Gains2%150$6,456$968,423
Termination Payouts2%125$10,079$1,259,859
Tips/Directors Fees etc18%1,165$2,710$3,157,719
Business Income13%810$17,106$13,855,735
Foreign Income3%220$850$186,949
Government payments11%700$6,184$4,328,979
Government pensions5%320$9,974$3,191,831
Total Income or Loss100%6,400$47,293$302,676,135
Deducations
Charitable Gifts37%2,370$287$679,079
Cost of Tax Affairs49%3,155$244$770,455
Work Car expenses26%1,650$2,362$3,896,784
Work Travel expenses10%670$1,073$718,652
Self Education expenses5%320$2,215$708,857
Total Deductions81%5,175$2,466$12,763,362
Taxation
Taxable Income100%6,395$45,305$289,724,190
Medicare Levy 68%4,395$856$3,763,299
Medicare Surcharge 1%75$1,109$83,138
Gross Tax 80%5,145$9,924$51,058,404
Net Tax 73%4,715$11,037$52,038,087
Average Tax 100%6,425 $8,099$52,038,087
Gross Tax Rate 80%5,145 22%$51,058,404
Net Tax Rate 73%4,715 24%$52,038,087
Average Tax Rate 100%6,425 18%$52,038,087
%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 $45,305. It is estimated that the average taxable income for people who paid a net amount of tax was $57172.

The average net tax paid was $11,037. This equates to an average tax of 24 cents in the dollar on taxable income.

The Medicare levy was paid by 4,395 people for an average of $856. 75 people paid $1,109 on average more for the Medicare surcharge.

5,315 people earned a salary or wage and took home an average of $46,896 each.

Government allowance and payments were collected by 700 people for on average $6,184. 320 people received the pension or other allowance.

Charitable gifts and donations of an average of $287 were made by 2,370 people.

The costs of tax affairs for 3,155 people were claimed for $244 each.