TaxStats for postcode 3116 FY2013

Postcode 3116 includes Chirnside Park, Chirnside Park in Victoria, and is in the federal electorate of Casey.

In FY 2013 the ATO recorded 5,790 individuals in postcode 3116. Of these people, 5,760 made a taxable income or loss. 4,605 of the population paid a gross amount of tax. After tax offsets, 4,210 people actually paid a net amount of tax. There were 1,550 non-taxable people who paid net tax of $0.

Compare TaxStats of 3116 with VIC

3116 TaxStats FY2013%Ppl#Ppl3116
Avg
3116
Total
Total Individuals100%5,790
Income
Salary or Wage 78%4,525$50,227$227,276,155
Gross Interest60%3,450$1,765$6,090,930
Unfranked Dividends9%515$365$188,061
Franked Dividends24%1,380$5,911$8,157,814
Dividend Franking Credit24%1,375$2,541$3,494,102
Capital Gains4%210$12,784$2,684,701
Termination Payouts2%100$11,236$1,123,635
Tips/Directors Fees etc20%1,150$3,403$3,913,447
Business Income9%500$18,530$9,264,870
Foreign Income4%240$1,659$398,268
Government payments5%310$4,866$1,508,364
Government pensions6%360$9,581$3,449,100
Total Income or Loss100%5,770$51,959$299,800,929
Deducations
Charitable Gifts39%2,255$344$776,507
Cost of Tax Affairs48%2,775$358$993,317
Work Car expenses27%1,575$2,890$4,551,409
Work Travel expenses10%565$1,321$746,520
Self Education expenses4%220$1,749$384,671
Total Deductions82%4,755$3,001$14,268,049
Taxation
Taxable Income99%5,760$49,511$285,180,878
Medicare Levy 70%4,065$948$3,855,093
Medicare Surcharge 1%50$1,236$61,807
Gross Tax 80%4,605$11,965$55,097,388
Net Tax 73%4,210$13,334$56,137,029
Average Tax 100%5,790 $9,696$56,137,029
Gross Tax Rate 80%4,605 24%$55,097,388
Net Tax Rate 73%4,210 27%$56,137,029
Average Tax Rate 100%5,790 20%$56,137,029
%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 $49,511. It is estimated that the average taxable income for people who paid a net amount of tax was $63321.

The average net tax paid was $13,334. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 4,065 people for an average of $948. 50 people paid $1,236 on average more for the Medicare surcharge.

4,525 people earned a salary or wage and took home an average of $50,227 each.

Government allowance and payments were collected by 310 people for on average $4,866. 360 people received the pension or other allowance.

Charitable gifts and donations of an average of $344 were made by 2,255 people.

The costs of tax affairs for 2,775 people were claimed for $358 each.