TaxStats for postcode 3111 FY2013

Postcode 3111 includes Donvale in Victoria, and is in the federal electorate of Menzies.

In FY 2013 the ATO recorded 7,545 individuals in postcode 3111. Of these people, 7,490 made a taxable income or loss. 5,965 of the population paid a gross amount of tax. After tax offsets, 5,450 people actually paid a net amount of tax. There were 2,040 non-taxable people who paid net tax of $0.

Compare TaxStats of 3111 with VIC

3111 TaxStats FY2013%Ppl#Ppl3111
Avg
3111
Total
Total Individuals100%7,545
Income
Salary or Wage 72%5,395$59,469$320,835,139
Gross Interest67%5,070$2,785$14,119,350
Unfranked Dividends13%1,005$925$929,729
Franked Dividends36%2,680$9,812$26,296,131
Dividend Franking Credit35%2,675$4,212$11,267,902
Capital Gains6%490$22,892$11,217,305
Termination Payouts1%105$26,959$2,830,644
Tips/Directors Fees etc16%1,175$5,679$6,672,591
Business Income9%680$24,265$16,500,298
Foreign Income8%635$3,209$2,037,554
Government payments5%340$4,843$1,646,509
Government pensions6%445$9,064$4,033,452
Total Income or Loss100%7,510$65,878$494,741,858
Deducations
Charitable Gifts37%2,810$653$1,834,959
Cost of Tax Affairs46%3,465$428$1,483,899
Work Car expenses24%1,825$3,212$5,861,773
Work Travel expenses10%730$1,252$913,732
Self Education expenses3%255$2,075$529,100
Total Deductions79%5,990$3,981$23,847,648
Taxation
Taxable Income99%7,490$62,797$470,347,782
Medicare Levy 70%5,260$1,236$6,499,020
Medicare Surcharge 1%75$1,240$93,010
Gross Tax 79%5,965$18,616$111,042,981
Net Tax 72%5,450$20,863$113,701,896
Average Tax 100%7,545 $15,070$113,701,896
Gross Tax Rate 79%5,965 30%$111,042,981
Net Tax Rate 72%5,450 33%$113,701,896
Average Tax Rate 100%7,545 24%$113,701,896
%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 $62,797. It is estimated that the average taxable income for people who paid a net amount of tax was $81811.

The average net tax paid was $20,863. This equates to an average tax of 33 cents in the dollar on taxable income.

The Medicare levy was paid by 5,260 people for an average of $1,236. 75 people paid $1,240 on average more for the Medicare surcharge.

5,395 people earned a salary or wage and took home an average of $59,469 each.

Government allowance and payments were collected by 340 people for on average $4,843. 445 people received the pension or other allowance.

Charitable gifts and donations of an average of $653 were made by 2,810 people.

The costs of tax affairs for 3,465 people were claimed for $428 each.