TaxStats for postcode 3175 FY2013

Postcode 3175 includes Bangholme, Bangholme, Dandenong, Dandenong East, Dandenong North, Dandenong South, Dunearn in Victoria, and is in the federal electorate of Isaacs.

In FY 2013 the ATO recorded 23,865 individuals in postcode 3175. Of these people, 23,730 made a taxable income or loss. 18,815 of the population paid a gross amount of tax. After tax offsets, 17,065 people actually paid a net amount of tax. There were 6,665 non-taxable people who paid net tax of $0.

Compare TaxStats of 3175 with VIC

3175 TaxStats FY2013%Ppl#Ppl3175
Avg
3175
Total
Total Individuals100%23,865
Income
Salary or Wage 81%19,235$41,824$804,493,664
Gross Interest44%10,445$1,372$14,329,322
Unfranked Dividends4%995$450$448,063
Franked Dividends11%2,655$4,060$10,778,572
Dividend Franking Credit11%2,645$1,745$4,614,256
Capital Gains2%430$10,482$4,507,211
Termination Payouts2%415$8,082$3,353,978
Tips/Directors Fees etc17%4,125$2,968$12,244,610
Business Income12%2,815$16,954$47,724,765
Foreign Income2%500$1,189$594,672
Government payments12%2,930$5,733$16,798,589
Government pensions4%1,050$9,938$10,435,002
Total Income or Loss100%23,755$41,410$983,690,800
Deducations
Charitable Gifts32%7,705$260$2,002,427
Cost of Tax Affairs51%12,180$230$2,801,272
Work Car expenses24%5,705$2,473$14,109,274
Work Travel expenses8%1,830$1,094$2,001,441
Self Education expenses4%1,065$1,838$1,957,247
Total Deductions78%18,675$2,187$40,847,719
Taxation
Taxable Income99%23,730$39,699$942,063,879
Medicare Levy 64%15,375$759$11,672,542
Medicare Surcharge 1%175$1,203$210,575
Gross Tax 79%18,815$7,764$146,078,336
Net Tax 72%17,065$8,708$148,607,723
Average Tax 100%23,865 $6,227$148,607,723
Gross Tax Rate 79%18,815 20%$146,078,336
Net Tax Rate 72%17,065 22%$148,607,723
Average Tax Rate 100%23,865 16%$148,607,723
%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 $39,699. It is estimated that the average taxable income for people who paid a net amount of tax was $50518.

The average net tax paid was $8,708. This equates to an average tax of 22 cents in the dollar on taxable income.

The Medicare levy was paid by 15,375 people for an average of $759. 175 people paid $1,203 on average more for the Medicare surcharge.

19,235 people earned a salary or wage and took home an average of $41,824 each.

Government allowance and payments were collected by 2,930 people for on average $5,733. 1,050 people received the pension or other allowance.

Charitable gifts and donations of an average of $260 were made by 7,705 people.

The costs of tax affairs for 12,180 people were claimed for $230 each.