TaxStats for postcode 3140 FY2013

Postcode 3140 includes Lilydale, Lilydale in Victoria, and is in the federal electorate of Casey.

In FY 2013 the ATO recorded 9,650 individuals in postcode 3140. Of these people, 9,600 made a taxable income or loss. 7,815 of the population paid a gross amount of tax. After tax offsets, 7,155 people actually paid a net amount of tax. There were 2,445 non-taxable people who paid net tax of $0.

Compare TaxStats of 3140 with VIC

3140 TaxStats FY2013%Ppl#Ppl3140
Avg
3140
Total
Total Individuals100%9,650
Income
Salary or Wage 80%7,750$49,332$382,322,627
Gross Interest57%5,540$1,552$8,597,537
Unfranked Dividends8%800$377$301,957
Franked Dividends22%2,095$5,836$12,225,383
Dividend Franking Credit22%2,090$2,507$5,239,894
Capital Gains4%380$25,357$9,635,826
Termination Payouts2%165$9,825$1,621,114
Tips/Directors Fees etc21%2,015$3,444$6,940,567
Business Income9%855$18,754$16,034,909
Foreign Income4%385$588$226,256
Government payments6%545$4,949$2,697,315
Government pensions6%580$9,355$5,426,090
Total Income or Loss100%9,610$51,503$494,942,033
Deducations
Charitable Gifts38%3,710$296$1,098,804
Cost of Tax Affairs49%4,705$303$1,426,196
Work Car expenses28%2,750$2,868$7,888,245
Work Travel expenses10%955$1,226$1,170,972
Self Education expenses4%380$1,479$561,930
Total Deductions83%8,000$2,785$22,283,811
Taxation
Taxable Income99%9,600$49,150$471,839,010
Medicare Levy 72%6,930$924$6,404,525
Medicare Surcharge 1%110$1,146$126,109
Gross Tax 81%7,815$11,434$89,353,931
Net Tax 74%7,155$12,803$91,607,901
Average Tax 100%9,650 $9,493$91,607,901
Gross Tax Rate 81%7,815 23%$89,353,931
Net Tax Rate 74%7,155 26%$91,607,901
Average Tax Rate 100%9,650 19%$91,607,901
%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 $49,150. It is estimated that the average taxable income for people who paid a net amount of tax was $61845.

The average net tax paid was $12,803. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 6,930 people for an average of $924. 110 people paid $1,146 on average more for the Medicare surcharge.

7,750 people earned a salary or wage and took home an average of $49,332 each.

Government allowance and payments were collected by 545 people for on average $4,949. 580 people received the pension or other allowance.

Charitable gifts and donations of an average of $296 were made by 3,710 people.

The costs of tax affairs for 4,705 people were claimed for $303 each.