TaxStats for postcode 3160 FY2013

Postcode 3160 includes Belgrave, Belgrave, Belgrave Heights, Belgrave Heights, Belgrave South, Tecoma, Tecoma in Victoria, and is in the federal electorate of La Trobe.

In FY 2013 the ATO recorded 5,315 individuals in postcode 3160. Of these people, 5,290 made a taxable income or loss. 4,285 of the population paid a gross amount of tax. After tax offsets, 3,970 people actually paid a net amount of tax. There were 1,320 non-taxable people who paid net tax of $0.

Compare TaxStats of 3160 with VIC

3160 TaxStats FY2013%Ppl#Ppl3160
Total Individuals100%5,315
Salary or Wage 82%4,360$51,479$224,446,898
Gross Interest56%2,975$1,145$3,407,227
Unfranked Dividends8%450$502$226,041
Franked Dividends22%1,145$4,975$5,696,634
Dividend Franking Credit21%1,140$2,139$2,438,443
Capital Gains4%195$11,836$2,308,034
Termination Payouts2%120$14,339$1,720,733
Tips/Directors Fees etc21%1,095$3,705$4,056,623
Business Income12%625$20,406$12,754,017
Foreign Income4%235$1,400$329,083
Government payments6%340$4,726$1,606,869
Government pensions5%240$9,106$2,185,347
Total Income or Loss100%5,295$53,004$280,658,474
Charitable Gifts40%2,120$313$662,526
Cost of Tax Affairs47%2,490$301$750,457
Work Car expenses28%1,470$2,774$4,077,635
Work Travel expenses11%580$1,151$667,427
Self Education expenses4%225$1,616$363,529
Total Deductions83%4,385$2,657$11,650,793
Taxable Income100%5,290$50,773$268,587,766
Medicare Levy 73%3,865$952$3,677,833
Medicare Surcharge 1%75$1,268$95,122
Gross Tax 81%4,285$12,205$52,297,515
Net Tax 75%3,970$13,471$53,478,908
Average Tax 100%5,315 $10,062$53,478,908
Gross Tax Rate 81%4,285 24%$52,297,515
Net Tax Rate 75%3,970 27%$53,478,908
Average Tax Rate 100%5,315 20%$53,478,908
%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 $50,773. It is estimated that the average taxable income for people who paid a net amount of tax was $63664.

The average net tax paid was $13,471. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 3,865 people for an average of $952. 75 people paid $1,268 on average more for the Medicare surcharge.

4,360 people earned a salary or wage and took home an average of $51,479 each.

Government allowance and payments were collected by 340 people for on average $4,726. 240 people received the pension or other allowance.

Charitable gifts and donations of an average of $313 were made by 2,120 people.

The costs of tax affairs for 2,490 people were claimed for $301 each.