TaxStats for postcode 3195 FY2013

Postcode 3195 includes Aspendale, Aspendale Gardens, Aspendale Gardens, Braeside, Braeside, Mordialloc, Parkdale, Waterways, Waterways in Victoria, and is in the federal electorate of Isaacs.

In FY 2013 the ATO recorded 20,430 individuals in postcode 3195. Of these people, 20,340 made a taxable income or loss. 16,880 of the population paid a gross amount of tax. After tax offsets, 15,610 people actually paid a net amount of tax. There were 4,730 non-taxable people who paid net tax of $0.

Compare TaxStats of 3195 with VIC

3195 TaxStats FY2013%Ppl#Ppl3195
Total Individuals100%20,430
Salary or Wage 80%16,330$58,260$951,381,207
Gross Interest60%12,280$1,988$24,412,003
Unfranked Dividends10%2,090$654$1,366,923
Franked Dividends27%5,475$5,786$31,677,454
Dividend Franking Credit27%5,460$2,486$13,573,226
Capital Gains5%970$15,307$14,848,113
Termination Payouts2%370$16,708$6,181,945
Tips/Directors Fees etc19%3,800$4,755$18,067,216
Business Income9%1,915$21,292$40,773,314
Foreign Income6%1,190$1,020$1,214,293
Government payments5%985$4,668$4,597,767
Government pensions5%1,010$9,267$9,359,220
Total Income or Loss100%20,365$59,360$1,208,865,512
Charitable Gifts40%8,215$325$2,671,042
Cost of Tax Affairs50%10,140$363$3,681,902
Work Car expenses30%6,045$2,994$18,095,947
Work Travel expenses13%2,595$1,169$3,034,796
Self Education expenses4%820$1,901$1,559,052
Total Deductions83%16,940$3,161$53,547,766
Taxable Income100%20,340$56,752$1,154,339,314
Medicare Levy 74%15,140$1,054$15,958,163
Medicare Surcharge 1%260$1,147$298,202
Gross Tax 83%16,880$14,386$242,828,944
Net Tax 76%15,610$16,031$250,249,854
Average Tax 100%20,430 $12,249$250,249,854
Gross Tax Rate 83%16,880 25%$242,828,944
Net Tax Rate 76%15,610 28%$250,249,854
Average Tax Rate 100%20,430 22%$250,249,854
%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 $56,752. It is estimated that the average taxable income for people who paid a net amount of tax was $70313.

The average net tax paid was $16,031. This equates to an average tax of 28 cents in the dollar on taxable income.

The Medicare levy was paid by 15,140 people for an average of $1,054. 260 people paid $1,147 on average more for the Medicare surcharge.

16,330 people earned a salary or wage and took home an average of $58,260 each.

Government allowance and payments were collected by 985 people for on average $4,668. 1,010 people received the pension or other allowance.

Charitable gifts and donations of an average of $325 were made by 8,215 people.

The costs of tax affairs for 10,140 people were claimed for $363 each.