TaxStats for postcode 3154 FY2013

Postcode 3154 includes The Basin, The Basin in Victoria, and is in the federal electorate of Aston.

In FY 2013 the ATO recorded 2,650 individuals in postcode 3154. Of these people, 2,640 made a taxable income or loss. 2,185 of the population paid a gross amount of tax. After tax offsets, 2,000 people actually paid a net amount of tax. There were 640 non-taxable people who paid net tax of $0.

Compare TaxStats of 3154 with VIC

3154 TaxStats FY2013%Ppl#Ppl3154
Total Individuals100%2,650
Salary or Wage 81%2,150$49,672$106,794,621
Gross Interest57%1,520$1,364$2,073,160
Unfranked Dividends8%225$232$52,117
Franked Dividends21%560$5,671$3,175,960
Dividend Franking Credit21%555$2,452$1,360,975
Capital Gains4%95$10,814$1,027,297
Termination Payouts2%55$6,292$346,081
Tips/Directors Fees etc22%580$3,435$1,992,427
Business Income10%265$24,585$6,515,122
Foreign Income4%105$3,036$318,786
Government payments6%155$4,881$756,506
Government pensions6%150$9,408$1,411,275
Total Income or Loss100%2,640$51,058$134,793,944
Charitable Gifts44%1,155$273$314,996
Cost of Tax Affairs49%1,290$278$358,673
Work Car expenses29%765$2,666$2,039,806
Work Travel expenses10%260$1,199$311,650
Self Education expenses4%100$1,369$136,928
Total Deductions84%2,235$2,573$5,751,294
Taxable Income100%2,640$48,856$128,978,651
Medicare Levy 73%1,945$902$1,754,495
Medicare Surcharge 2%40$1,377$55,092
Gross Tax 82%2,185$10,896$23,808,506
Net Tax 75%2,000$12,222$24,444,055
Average Tax 100%2,650 $9,224$24,444,055
Gross Tax Rate 82%2,185 22%$23,808,506
Net Tax Rate 75%2,000 25%$24,444,055
Average Tax Rate 100%2,650 19%$24,444,055
%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 $48,856. It is estimated that the average taxable income for people who paid a net amount of tax was $60649.

The average net tax paid was $12,222. This equates to an average tax of 25 cents in the dollar on taxable income.

The Medicare levy was paid by 1,945 people for an average of $902. 40 people paid $1,377 on average more for the Medicare surcharge.

2,150 people earned a salary or wage and took home an average of $49,672 each.

Government allowance and payments were collected by 155 people for on average $4,881. 150 people received the pension or other allowance.

Charitable gifts and donations of an average of $273 were made by 1,155 people.

The costs of tax affairs for 1,290 people were claimed for $278 each.