TaxStats for postcode 3198 FY2013

Postcode 3198 includes Seaford in Victoria, and is in the federal electorate of Dunkley.

In FY 2013 the ATO recorded 8,950 individuals in postcode 3198. Of these people, 8,910 made a taxable income or loss. 7,330 of the population paid a gross amount of tax. After tax offsets, 6,695 people actually paid a net amount of tax. There were 2,215 non-taxable people who paid net tax of $0.

Compare TaxStats of 3198 with VIC

3198 TaxStats FY2013%Ppl#Ppl3198
Avg
3198
Total
Total Individuals100%8,950
Income
Salary or Wage 82%7,325$48,097$352,310,608
Gross Interest52%4,625$1,310$6,056,446
Unfranked Dividends6%520$306$158,860
Franked Dividends17%1,510$3,630$5,481,416
Dividend Franking Credit17%1,505$1,559$2,346,250
Capital Gains3%250$8,932$2,233,084
Termination Payouts3%230$7,061$1,624,033
Tips/Directors Fees etc21%1,850$3,312$6,126,460
Business Income10%920$17,681$16,266,094
Foreign Income3%265$1,035$274,351
Government payments9%785$5,177$4,064,134
Government pensions7%620$9,623$5,965,982
Total Income or Loss100%8,925$47,297$422,128,905
Deducations
Charitable Gifts40%3,580$241$861,852
Cost of Tax Affairs53%4,765$244$1,164,258
Work Car expenses32%2,820$2,739$7,722,803
Work Travel expenses13%1,140$1,304$1,486,527
Self Education expenses4%390$1,572$612,948
Total Deductions85%7,585$2,648$20,085,581
Taxation
Taxable Income100%8,910$45,091$401,756,378
Medicare Levy 72%6,400$833$5,330,887
Medicare Surcharge 1%110$1,038$114,229
Gross Tax 82%7,330$9,339$68,456,564
Net Tax 75%6,695$10,422$69,777,928
Average Tax 100%8,950 $7,796$69,777,928
Gross Tax Rate 82%7,330 21%$68,456,564
Net Tax Rate 75%6,695 23%$69,777,928
Average Tax Rate 100%8,950 17%$69,777,928
%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 $45,091. It is estimated that the average taxable income for people who paid a net amount of tax was $56038.

The average net tax paid was $10,422. This equates to an average tax of 23 cents in the dollar on taxable income.

The Medicare levy was paid by 6,400 people for an average of $833. 110 people paid $1,038 on average more for the Medicare surcharge.

7,325 people earned a salary or wage and took home an average of $48,097 each.

Government allowance and payments were collected by 785 people for on average $5,177. 620 people received the pension or other allowance.

Charitable gifts and donations of an average of $241 were made by 3,580 people.

The costs of tax affairs for 4,765 people were claimed for $244 each.