TaxStats for postcode 3156 FY2013

Postcode 3156 includes Ferntree Gully, Ferntree Gully, Lysterfield, Lysterfield, Lysterfield South, Mountain Gate, Upper Ferntree Gully, Upper Ferntree Gully in Victoria, and is in the federal electorate of Aston.

In FY 2013 the ATO recorded 21,875 individuals in postcode 3156. Of these people, 21,785 made a taxable income or loss. 17,900 of the population paid a gross amount of tax. After tax offsets, 16,635 people actually paid a net amount of tax. There were 5,150 non-taxable people who paid net tax of $0.

Compare TaxStats of 3156 with VIC

3156 TaxStats FY2013%Ppl#Ppl3156
Avg
3156
Total
Total Individuals100%21,875
Income
Salary or Wage 83%18,230$50,950$928,819,779
Gross Interest57%12,460$1,419$17,678,911
Unfranked Dividends8%1,815$283$513,562
Franked Dividends22%4,885$5,413$26,441,323
Dividend Franking Credit22%4,875$2,324$11,328,067
Capital Gains4%775$12,435$9,636,997
Termination Payouts2%445$14,049$6,251,735
Tips/Directors Fees etc21%4,510$3,397$15,321,802
Business Income8%1,830$19,484$35,656,610
Foreign Income4%915$564$516,352
Government payments6%1,335$4,673$6,238,268
Government pensions5%1,100$8,977$9,875,150
Total Income or Loss100%21,805$52,532$1,145,459,021
Deducations
Charitable Gifts40%8,800$257$2,261,030
Cost of Tax Affairs50%10,860$281$3,048,985
Work Car expenses29%6,355$2,768$17,592,460
Work Travel expenses11%2,475$1,036$2,563,298
Self Education expenses4%885$1,651$1,460,965
Total Deductions84%18,400$2,649$48,745,295
Taxation
Taxable Income100%21,785$50,313$1,096,060,179
Medicare Levy 74%16,120$932$15,026,063
Medicare Surcharge 1%205$1,204$246,867
Gross Tax 82%17,900$11,748$210,290,983
Net Tax 76%16,635$12,999$216,245,619
Average Tax 100%21,875 $9,886$216,245,619
Gross Tax Rate 82%17,900 23%$210,290,983
Net Tax Rate 76%16,635 26%$216,245,619
Average Tax Rate 100%21,875 20%$216,245,619
%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 $50,313. It is estimated that the average taxable income for people who paid a net amount of tax was $62174.

The average net tax paid was $12,999. This equates to an average tax of 26 cents in the dollar on taxable income.

The Medicare levy was paid by 16,120 people for an average of $932. 205 people paid $1,204 on average more for the Medicare surcharge.

18,230 people earned a salary or wage and took home an average of $50,950 each.

Government allowance and payments were collected by 1,335 people for on average $4,673. 1,100 people received the pension or other allowance.

Charitable gifts and donations of an average of $257 were made by 8,800 people.

The costs of tax affairs for 10,860 people were claimed for $281 each.