TaxStats for postcode 3088 FY2013

Postcode 3088 includes Briar Hill, Briar Hill, Greensborough, Greensborough, Saint Helena, Saint Helena, St Helena in Victoria, and is in the federal electorate of Jagajaga.

In FY 2013 the ATO recorded 16,370 individuals in postcode 3088. Of these people, 16,295 made a taxable income or loss. 13,435 of the population paid a gross amount of tax. After tax offsets, 12,355 people actually paid a net amount of tax. There were 3,940 non-taxable people who paid net tax of $0.

Compare TaxStats of 3088 with VIC

3088 TaxStats FY2013%Ppl#Ppl3088
Avg
3088
Total
Total Individuals100%16,370
Income
Salary or Wage 81%13,230$54,550$721,699,498
Gross Interest62%10,190$1,664$16,959,535
Unfranked Dividends11%1,745$482$840,763
Franked Dividends27%4,465$3,575$15,961,461
Dividend Franking Credit27%4,450$1,536$6,835,612
Capital Gains4%700$9,437$6,606,030
Termination Payouts2%305$17,230$5,255,021
Tips/Directors Fees etc19%3,080$3,741$11,521,032
Business Income8%1,375$18,489$25,422,670
Foreign Income6%930$772$718,333
Government payments5%865$5,011$4,334,668
Government pensions5%830$8,872$7,363,697
Total Income or Loss100%16,310$54,279$885,293,343
Deducations
Charitable Gifts42%6,820$308$2,098,504
Cost of Tax Affairs49%7,990$280$2,238,327
Work Car expenses29%4,795$2,713$13,009,600
Work Travel expenses11%1,795$1,084$1,946,351
Self Education expenses4%655$1,592$1,042,508
Total Deductions83%13,545$2,794$37,850,299
Taxation
Taxable Income100%16,295$51,983$847,067,984
Medicare Levy 73%12,020$967$11,618,655
Medicare Surcharge 1%180$1,147$206,490
Gross Tax 82%13,435$12,359$166,047,265
Net Tax 75%12,355$13,734$169,687,209
Average Tax 100%16,370 $10,366$169,687,209
Gross Tax Rate 82%13,435 24%$166,047,265
Net Tax Rate 75%12,355 26%$169,687,209
Average Tax Rate 100%16,370 20%$169,687,209
%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 $51,983. It is estimated that the average taxable income for people who paid a net amount of tax was $64734.

The average net tax paid was $13,734. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 12,020 people for an average of $967. 180 people paid $1,147 on average more for the Medicare surcharge.

13,230 people earned a salary or wage and took home an average of $54,550 each.

Government allowance and payments were collected by 865 people for on average $5,011. 830 people received the pension or other allowance.

Charitable gifts and donations of an average of $308 were made by 6,820 people.

The costs of tax affairs for 7,990 people were claimed for $280 each.