TaxStats for postcode 3151 FY2013

Postcode 3151 includes Burwood East, Burwood East, Burwood Heights in Victoria, and is in the federal electorate of Chisholm.

In FY 2013 the ATO recorded 5,820 individuals in postcode 3151. Of these people, 5,780 made a taxable income or loss. 4,420 of the population paid a gross amount of tax. After tax offsets, 3,930 people actually paid a net amount of tax. There were 1,850 non-taxable people who paid net tax of $0.

Compare TaxStats of 3151 with VIC

3151 TaxStats FY2013%Ppl#Ppl3151
Avg
3151
Total
Total Individuals100%5,820
Income
Salary or Wage 74%4,280$51,985$222,495,990
Gross Interest65%3,760$2,354$8,850,638
Unfranked Dividends13%730$580$423,734
Franked Dividends31%1,800$4,643$8,357,798
Dividend Franking Credit31%1,800$1,986$3,574,864
Capital Gains5%290$10,971$3,181,685
Termination Payouts2%90$11,870$1,068,314
Tips/Directors Fees etc15%900$3,672$3,304,475
Business Income9%495$18,073$8,946,262
Foreign Income7%400$571$228,575
Government payments5%300$5,465$1,639,614
Government pensions7%415$9,887$4,102,969
Total Income or Loss99%5,785$49,309$285,253,247
Deducations
Charitable Gifts38%2,200$445$978,923
Cost of Tax Affairs45%2,605$1,820$4,742,000
Work Car expenses23%1,310$2,492$3,264,196
Work Travel expenses9%530$864$457,714
Self Education expenses4%220$2,154$473,849
Total Deductions78%4,540$3,422$15,535,974
Taxation
Taxable Income99%5,780$46,607$269,390,409
Medicare Levy 63%3,655$964$3,523,836
Medicare Surcharge 1%40$977$39,088
Gross Tax 76%4,420$11,804$52,172,246
Net Tax 68%3,930$13,562$53,297,318
Average Tax 100%5,820 $9,158$53,297,318
Gross Tax Rate 76%4,420 25%$52,172,246
Net Tax Rate 68%3,930 29%$53,297,318
Average Tax Rate 100%5,820 20%$53,297,318
%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 $46,607. It is estimated that the average taxable income for people who paid a net amount of tax was $62898.

The average net tax paid was $13,562. This equates to an average tax of 29 cents in the dollar on taxable income.

The Medicare levy was paid by 3,655 people for an average of $964. 40 people paid $977 on average more for the Medicare surcharge.

4,280 people earned a salary or wage and took home an average of $51,985 each.

Government allowance and payments were collected by 300 people for on average $5,465. 415 people received the pension or other allowance.

Charitable gifts and donations of an average of $445 were made by 2,200 people.

The costs of tax affairs for 2,605 people were claimed for $1,820 each.