TaxStats for postcode 3096 FY2013

Postcode 3096 includes Wattle Glen, Wattle Glen in Victoria, and is in the federal electorate of Scullin.

In FY 2013 the ATO recorded 1,185 individuals in postcode 3096. Of these people, 1,180 made a taxable income or loss. 960 of the population paid a gross amount of tax. After tax offsets, 875 people actually paid a net amount of tax. There were 305 non-taxable people who paid net tax of $0.

Compare TaxStats of 3096 with VIC

3096 TaxStats FY2013%Ppl#Ppl3096
Avg
3096
Total
Total Individuals100%1,185
Income
Salary or Wage 80%950$53,103$50,448,059
Gross Interest59%705$1,841$1,297,838
Unfranked Dividends8%100$487$48,745
Franked Dividends27%315$10,956$3,451,060
Dividend Franking Credit27%315$4,695$1,478,958
Capital Gains4%45$5,606$252,272
Termination Payouts3%30$18,954$568,605
Tips/Directors Fees etc19%230$4,921$1,131,878
Business Income10%120$18,211$2,185,297
Foreign Income5%60$1,053$63,165
Government payments5%60$4,564$273,856
Government pensions5%65$8,043$522,821
Total Income or Loss100%1,180$58,273$68,762,332
Deducations
Charitable Gifts38%445$309$137,673
Cost of Tax Affairs48%565$264$148,924
Work Car expenses27%325$3,179$1,033,052
Work Travel expenses11%135$1,190$160,700
Self Education expenses4%50$2,379$118,962
Total Deductions82%970$3,151$3,056,160
Taxation
Taxable Income100%1,180$55,645$65,661,366
Medicare Levy 72%855$1,059$905,042
Medicare Surcharge 1%15$1,171$17,560
Gross Tax 81%960$14,434$13,856,170
Net Tax 74%875$16,043$14,037,409
Average Tax 100%1,185 $11,846$14,037,409
Gross Tax Rate 81%960 26%$13,856,170
Net Tax Rate 74%875 29%$14,037,409
Average Tax Rate 100%1,185 21%$14,037,409
%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 $55,645. It is estimated that the average taxable income for people who paid a net amount of tax was $70859.

The average net tax paid was $16,043. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 855 people for an average of $1,059. 15 people paid $1,171 on average more for the Medicare surcharge.

950 people earned a salary or wage and took home an average of $53,103 each.

Government allowance and payments were collected by 60 people for on average $4,564. 65 people received the pension or other allowance.

Charitable gifts and donations of an average of $309 were made by 445 people.

The costs of tax affairs for 565 people were claimed for $264 each.