TaxStats for postcode 3150 FY2013

Postcode 3150 includes Brandon Park, Glen Waverley, Glen Waverley, Wheelers Hill, Wheelers Hill in Victoria, and is in the federal electorate of Bruce.

In FY 2013 the ATO recorded 36,195 individuals in postcode 3150. Of these people, 35,880 made a taxable income or loss. 27,385 of the population paid a gross amount of tax. After tax offsets, 24,545 people actually paid a net amount of tax. There were 11,335 non-taxable people who paid net tax of $0.

Compare TaxStats of 3150 with VIC

3150 TaxStats FY2013%Ppl#Ppl3150
Avg
3150
Total
Total Individuals100%36,195
Income
Salary or Wage 71%25,640$55,289$1,417,611,461
Gross Interest68%24,550$2,781$68,270,041
Unfranked Dividends15%5,510$683$3,760,731
Franked Dividends36%12,935$6,870$88,865,134
Dividend Franking Credit36%12,910$2,947$38,052,221
Capital Gains6%2,185$11,791$25,762,999
Termination Payouts1%510$22,025$11,232,782
Tips/Directors Fees etc14%5,235$4,844$25,359,453
Business Income8%2,995$25,752$77,128,160
Foreign Income8%2,925$1,126$3,292,792
Government payments5%1,700$5,130$8,721,032
Government pensions7%2,380$9,223$21,951,055
Total Income or Loss99%35,945$55,203$1,984,273,797
Deducations
Charitable Gifts37%13,340$491$6,543,294
Cost of Tax Affairs43%15,600$347$5,417,157
Work Car expenses21%7,690$2,568$19,748,324
Work Travel expenses9%3,235$1,193$3,859,023
Self Education expenses4%1,415$2,449$3,465,461
Total Deductions76%27,685$3,046$84,340,400
Taxation
Taxable Income99%35,880$52,877$1,897,222,377
Medicare Levy 64%23,205$1,092$25,347,220
Medicare Surcharge 1%360$1,123$404,336
Gross Tax 76%27,385$14,778$404,685,100
Net Tax 68%24,545$16,815$412,732,672
Average Tax 100%36,195 $11,403$412,732,672
Gross Tax Rate 76%27,385 28%$404,685,100
Net Tax Rate 68%24,545 32%$412,732,672
Average Tax Rate 100%36,195 22%$412,732,672
%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 $52,877. It is estimated that the average taxable income for people who paid a net amount of tax was $71754.

The average net tax paid was $16,815. This equates to an average tax of 32 cents in the dollar on taxable income.

The Medicare levy was paid by 23,205 people for an average of $1,092. 360 people paid $1,123 on average more for the Medicare surcharge.

25,640 people earned a salary or wage and took home an average of $55,289 each.

Government allowance and payments were collected by 1,700 people for on average $5,130. 2,380 people received the pension or other allowance.

Charitable gifts and donations of an average of $491 were made by 13,340 people.

The costs of tax affairs for 15,600 people were claimed for $347 each.