TaxStats for postcode 3135 FY2013

Postcode 3135 includes Bedford Road, Heathmont, Ringwood East in Victoria, and is in the federal electorate of Deakin.

In FY 2013 the ATO recorded 11,085 individuals in postcode 3135. Of these people, 11,040 made a taxable income or loss. 8,945 of the population paid a gross amount of tax. After tax offsets, 8,185 people actually paid a net amount of tax. There were 2,855 non-taxable people who paid net tax of $0.

Compare TaxStats of 3135 with VIC

3135 TaxStats FY2013%Ppl#Ppl3135
Avg
3135
Total
Total Individuals100%11,085
Income
Salary or Wage 80%8,840$52,726$466,100,296
Gross Interest61%6,740$1,752$11,808,097
Unfranked Dividends10%1,120$510$570,955
Franked Dividends27%2,965$5,417$16,060,438
Dividend Franking Credit27%2,960$2,324$6,879,597
Capital Gains5%505$8,904$4,496,587
Termination Payouts2%205$13,553$2,778,385
Tips/Directors Fees etc19%2,115$3,208$6,784,259
Business Income9%1,045$17,521$18,309,805
Foreign Income6%620$593$367,644
Government payments6%655$4,934$3,231,971
Government pensions6%690$9,613$6,632,661
Total Income or Loss100%11,050$52,628$581,540,558
Deducations
Charitable Gifts42%4,660$399$1,861,328
Cost of Tax Affairs49%5,400$295$1,591,213
Work Car expenses27%2,980$2,526$7,527,233
Work Travel expenses11%1,245$968$1,205,049
Self Education expenses4%490$1,795$879,434
Total Deductions83%9,215$2,633$24,266,635
Taxation
Taxable Income100%11,040$50,442$556,877,519
Medicare Levy 71%7,910$955$7,556,620
Medicare Surcharge 1%115$1,134$130,395
Gross Tax 81%8,945$12,046$107,755,260
Net Tax 74%8,185$13,497$110,474,636
Average Tax 100%11,085 $9,966$110,474,636
Gross Tax Rate 81%8,945 24%$107,755,260
Net Tax Rate 74%8,185 27%$110,474,636
Average Tax Rate 100%11,085 20%$110,474,636
%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 $50,442. It is estimated that the average taxable income for people who paid a net amount of tax was $63851.

The average net tax paid was $13,497. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 7,910 people for an average of $955. 115 people paid $1,134 on average more for the Medicare surcharge.

8,840 people earned a salary or wage and took home an average of $52,726 each.

Government allowance and payments were collected by 655 people for on average $4,934. 690 people received the pension or other allowance.

Charitable gifts and donations of an average of $399 were made by 4,660 people.

The costs of tax affairs for 5,400 people were claimed for $295 each.