TaxStats for postcode 3131 FY2013

Postcode 3131 includes Brentford Square, Forest Hill, Nunawading in Victoria, and is in the federal electorate of Chisholm.

In FY 2013 the ATO recorded 12,340 individuals in postcode 3131. Of these people, 12,270 made a taxable income or loss. 9,715 of the population paid a gross amount of tax. After tax offsets, 8,835 people actually paid a net amount of tax. There were 3,435 non-taxable people who paid net tax of $0.

Compare TaxStats of 3131 with VIC

3131 TaxStats FY2013%Ppl#Ppl3131
Total Individuals100%12,340
Salary or Wage 78%9,580$52,873$506,524,241
Gross Interest63%7,785$2,034$15,837,374
Unfranked Dividends12%1,445$522$753,906
Franked Dividends29%3,615$4,424$15,993,301
Dividend Franking Credit29%3,605$1,901$6,853,900
Capital Gains5%625$11,478$7,173,720
Termination Payouts1%185$11,384$2,106,018
Tips/Directors Fees etc17%2,125$3,823$8,124,366
Business Income9%1,055$17,393$18,349,457
Foreign Income7%835$519$433,122
Government payments6%730$5,201$3,796,931
Government pensions7%805$9,710$7,816,689
Total Income or Loss100%12,285$51,145$628,316,252
Charitable Gifts39%4,855$537$2,605,281
Cost of Tax Affairs46%5,655$535$3,023,786
Work Car expenses24%2,945$2,454$7,226,909
Work Travel expenses10%1,200$1,051$1,261,728
Self Education expenses5%590$2,145$1,265,454
Total Deductions80%9,910$2,776$27,510,948
Taxable Income99%12,270$48,932$600,395,206
Medicare Levy 68%8,350$954$7,965,327
Medicare Surcharge 1%110$1,194$131,297
Gross Tax 79%9,715$11,854$115,160,408
Net Tax 72%8,835$13,360$118,038,805
Average Tax 100%12,340 $9,566$118,038,805
Gross Tax Rate 79%9,715 24%$115,160,408
Net Tax Rate 72%8,835 27%$118,038,805
Average Tax Rate 100%12,340 20%$118,038,805
%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 $48,932. It is estimated that the average taxable income for people who paid a net amount of tax was $63291.

The average net tax paid was $13,360. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 8,350 people for an average of $954. 110 people paid $1,194 on average more for the Medicare surcharge.

9,580 people earned a salary or wage and took home an average of $52,873 each.

Government allowance and payments were collected by 730 people for on average $5,201. 805 people received the pension or other allowance.

Charitable gifts and donations of an average of $537 were made by 4,855 people.

The costs of tax affairs for 5,655 people were claimed for $535 each.